A business document contains information about the company's products and services, contractual terms & conditions, the legal form of the business, the company's location, its corporate identity number and VAT number.
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In Sweden, contractual freedom prevails in principle. Consequently, in most cases there are no formal requirements regarding the design and layout of business documents. However, certain expressions and contractual terms & conditions are commonly found. Make sure you know what they mean and imply in order to avoid any misunderstandings.
Written agreements make things easier
Agreements may be made verbally or in writing. Some agreements, such as property transfers and collective agreements, have to be in writing.
In practice, many agreements are concluded verbally. However, a written agreement makes things easier for the seller and purchaser, and reduces the risk of the parties interpreting the content of the agreement differently.
It is easier to specify details about the product or service and other contractual terms & conditions in a written agreement. It may be difficult to remember the terms & conditions and even more difficult to prove them in the absence of a written agreement.
Special requirements for limited companies
There are special requirements regarding the content of a limited company's business documents and website. The following information must be provided:
- the full company name as it appears on the certificate of incorporation
- the seat of the board as laid down in the articles of association
- the corporate identification number
Responsible: Swedish Agency for Economic and Regional Growth