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Starting a Swedish limited company — an aktiebolag (AB) — is one of the most common steps for freelancers and consultants who want liability protection and tax advantages. This guide covers the basics of what an AB is, how it compares to other company forms, and how to get started.
This article is for general informational purposes only and does not constitute legal, tax, or financial advice. Always consult a qualified advisor for decisions about your specific situation.

What Is an Aktiebolag?

An aktiebolag is a Swedish limited company. It is a separate legal entity from its owner, which means:
  • Limited liability — your personal assets are protected if the company runs into financial trouble
  • Separate economy — the company has its own bank account, accounting, and tax filings
  • Requires share capital — a minimum of 25,000 SEK (aktiekapital) must be deposited when forming the company
An AB is the most common company form for Swedish consultants and freelancers earning above a certain level.

AB vs Enskild Firma — Which Should You Choose?

AspectEnskild FirmaAktiebolag (AB)
LiabilityPersonal — you are responsible for all debtsLimited — the company is a separate entity
Share capitalNone required25,000 SEK minimum
TaxIncome tax + egenavgifter (~28%) on profitCorporate tax (20.6%) + salary/dividends to yourself
AdministrationSimple bookkeeping, no annual report requirement for mostAnnual report (årsredovisning), board, sometimes auditor
Best forStarting out, lower revenue, testing an ideaHigher revenue, want liability protection, long-term business
Many freelancers start with an enskild firma and convert to an AB once their revenue grows. There is no single “right answer” — it depends on your revenue, risk tolerance, and plans.

How to Register an AB

  1. Choose a company name — check availability at Bolagsverket
  2. Create articles of association (bolagsordning) — a document describing the company’s purpose and rules
  3. Deposit share capital — transfer at least 25,000 SEK to a bank account opened for the company
  4. Register at Bolagsverket — submit your registration via verksamt.se, the joint portal for Bolagsverket and Skatteverket
  5. Register for F-skatt and VAT — done as part of the verksamt.se registration
  6. Wait for registration — typically takes 1–2 weeks
You can also purchase a shelf company (lagerbolag) for a faster start, but most freelancers register a new AB.

After Registration

Once your AB is registered:
  • Open a business bank account — required for all AB transactions
  • Set up bookkeeping — either through software or an accounting firm
  • Register in Aourly — when you log in with BankID, your AB will appear in your company engagements from Bolagsverket. Select it to start using Aourly with your company.

Tax Considerations

Running an AB involves several tax areas to be aware of:
  • Corporate tax — 20.6% on the company’s profit
  • Salary to yourself — the company pays arbetsgivaravgifter (~31.42%) on top of your gross salary
  • Dividends — governed by the 3:12 rules (fåmansbolagsregler) for closely held companies, which provide favorable tax rates up to a certain amount
  • VAT — most consultants charge 25% moms and file VAT returns monthly or quarterly
  • Annual report — an årsredovisning must be filed with Bolagsverket each year
The 3:12 rules allow you to take dividends at a lower tax rate (20%) up to a calculated amount. This is one of the main tax advantages of an AB over enskild firma at higher income levels.

Common Questions

Yes, but it is not a simple conversion. You typically form a new AB and transfer your business activities to it. Consult an accountant to handle the transition properly, especially regarding ongoing contracts and assets.
There is no fixed number, but a common guideline is that an AB starts making tax sense when you consistently invoice above 400,000–500,000 SEK per year. The break-even depends on your personal situation, expenses, and how much you can utilize the 3:12 dividend rules.
Small ABs are exempt from the audit requirement if they meet at least two of these criteria for two consecutive years: fewer than 3 employees, less than 3 million SEK in assets, and less than 1.5 million SEK in revenue. Most freelancer ABs qualify for the exemption.
Aktiekapital (share capital) is the minimum 25,000 SEK you deposit when forming the company. It becomes part of the company’s equity and can be used for business expenses — it does not need to sit untouched in the account. However, if the company’s equity falls below half the share capital, special rules apply (kontrollbalansräkning).
Sources: Bolagsverket, Skatteverket, Aktiebolagslagen (2005:551). Information current as of 2025. Rules and amounts may change — always verify with official sources.