Registration as a sole trader with the Swedish Companies Registration Office.
Information about the corporate form
The corporate form of sole trader is also sometimes called a sole proprietorship. It means a natural or physical person running and being liable for his/her own business. A company operated in this way is not deemed to be a legal person. The person carrying on the business is personally liable for contracts entered into and debts being paid.
When you register a sole proprietorship, your personal identity number (personnummer) functions as the company’s identity number. Registration gives you the sole right to the name of your business in the industry and in the county where you operate your business.
When you start a sole proprietorship, you do not need to have any initial capital.
Registration is not normally a requirement, but may be necessary if you participate in public procurement processes or if your business requires permits to conduct certain activities. You register with the Swedish Companies Registration Office.
To register as a sole trader, you may not:
• be younger than 16 years of age
• be bankrupt
• be subject to trade prohibition
• have an administrator/trustee.
Origin: Swedish Companies Registration Office
Responsible: Swedish Agency for Economic and Regional Growth