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Sole trader or limited company in Sweden, what differs?

Three things differ: who answers for the debts, how the profit is taxed and what it takes to start. A sole trader is personally liable and taxed on the result; a limited company answers with its own capital of at least SEK 25,000 and the owner is taxed on salary or dividends.

What the rules say

  • The Companies Act: the company is its own legal person, shareholders are not personally liable, and a private company needs at least SEK 25,000 in share capital.
  • The Income Tax Act: a sole trader is taxed on business income personally, a company is a separate taxable person.
  • The Partnership Act: partners in a trading partnership are jointly and severally liable for the obligations of the partnership.

The requirements line by line

The requirements line by line
QuestionRequirementSource
LiabilityA sole trader is personally liable for every obligation. A limited company is its own legal person and the shareholders are as a rule not liable for its debts.SFS 2005:551, aktiebolagslagen
Capital requirementA private limited company needs share capital of at least SEK 25,000. A sole trader and a partnership have no capital requirement.SFS 2005:551, aktiebolagslagen
TaxA sole trader is taxed on business income personally and pays self-employed contributions. A company is taxed on its profit and the owner is taxed on salary or dividends.SFS 1999:1229, inkomstskattelagen
RegistrationA company is formed by registration with the Companies Registration Office. A sole trader registers with the Tax Agency for F-tax; registering the business name is optional.Bolagsverket, starta aktiebolag
PartnershipIn a partnership the partners are jointly and severally liable, and each partner is taxed on their share of the result.SFS 1980:1102, lagen om handelsbolag och enkla bolag

Thresholds and limits

Thresholds and limits
LimitWhat it triggersSource
SEK 25,000Minimum share capital in a private limited companySFS 2005:551, aktiebolagslagen

What it means for the company

Liability usually decides. With contracts, stock, staff or loans, the limited company keeps the risk inside the company. The board can still become personally liable for unpaid taxes and for a late control balance sheet.

What it means for the individual

Working alone with limited commitments, a sole trader is simpler and cheaper, but your personal finances and the business are legally the same thing.

Source lines

Next step

Start with the withdrawals. If the whole result is taken out every year the tax difference is small; if capital is meant to stay in the business the company form usually wins.

All questions for small businesses

This page reports what the sources say, with the identifier and address of the publisher. It is not legal advice and does not decide an individual matter.

Next step

Three ways to put the register to work in your own practice.

Start with your task