How you as an entrepreneur are affected by Russia's invasion of UkraineThe page was last modified:
Due to the invasion of Ukraine, the EU has imposed sanctions on Russia. If your company trades with Russia, you may be affected by the restrictions. The sanctions apply to the sale, delivery, transfer and export of many goods and services. You can also find important information about current export restrictions, IT security, and what to do if you want to hire a person from Ukraine.
This page contains information about:
- Crisis support for agriculture and commercial fishing
- How the sanctions affect you as an entrepreneur
- Longer processing times at the Swedish Customs
You can apply for the support if your business has been financially impacted by the Russian invasion of Ukraine. For example with increased costs for fuel, seeds and animal feed.
When can you apply for the support?
- Poultry sector: Apply no later than 9 August 2022. More information about the support and how to apply can be found at the County Administrative Board (in Swedish)
- Animal sector and greenhouse: date not decided.
- Commercial fishing: date not decided.
The National Board of Trade Sweden
The National Board of Trade Sweden provides answers to frequently asked questions about sanctions and in-depth information on the conditions that apply to exemptions for you as an entrepreneur.
You will also find information on how you should deal with people and companies who have had their assets frozen due to the sanctions.
You are obliged to:
- check if any of your business partners are on any of the lists
- check for any intermediaries
- check who the end user is
Ask a question about the sanctions
If you have questions about the sanctions or need help, you can contact the Swedish Chamber of Commerce at:
Phone: 08-690 49 20
Webinar about the EU sanctions against Russia
On March 9, the National Board of Trade Sweden held a webinar about the regulations governing the sanctions against Russia, where participants could ask questions. The webinar was recorded and and is available at their website.
Bussines Sweden has information about what the sanctions against Russia mean for you as an entrepreneur, as well as frequently asked questions and answers.
The Swedish Customs is currently carrying out additional checks on exports to Russia and Ukraine and imports from Ukraine. This can lead to customs procedures taking longer than usual.
EU sanctions against Russia affect those who trade with Russia and certain areas of Ukraine. The Swedish Customs have current information about export restrictions and customs handling at their website.
If you want to employ a refugee from Ukraine, the person needs a valid residence permit or work permit. You or they must submit a notification of preliminary A-tax to the Swedish Tax Agency. You must also inform the Swedish Tax Agency that you have hired a person. The person can start working for you before the Swedish Tax Agency's decision on A-tax has been made.
The Swedish Tax Agency also has a page with collected information if you want to hire people from Ukraine, or if you want to donate gifts or money from your company.
The Swedish Public Employment Agency has information about things to consider if you want to hire a person from Ukraine. You can also find information about the financial supports that you as an employer could receive.
Information security concerns measures which prevent information from ending up in the wrong hands, being modified, destroyed, or made inaccessible. Common threats to your information include someone trying to get your password to then use your identity online or use your account information to make purchases at your expense. Other common threats include your computer crashing or getting a virus.
Learn more about information security:
- Protect your company information
- Protect your digital devices
- Use strong passwords
- Protect your company against hijacking
Protection against cyber attacks
The National Cyber Security Center (Nationellt cybersäkerhetscenter) has published the report “Cyber security in Sweden - recommended security measures” (“Cybersäkerhet i Sverige – rekommenderade säkerhetsåtgärder”). The report recommends ten concrete measures that every business can and should take to strengthen their protection against cyber attacks.
- Install security updates as soon as possible
- Manage permissions and use strong authentication features
- Restrict and protect the use of system administrative privileges
- Disable unused services and protocols
- Make backup copies and test if the information can be read back
- Only allow approved equipment on the network
- Ensure that only approved software may be run (whitelisting)
- Segment the networks and filter the traffic between the segments
- Upgrade software and hardware
- Ensure an ability to detect security incidents
The current security challenges due to Russia's invasion of Ukraine may continue for a long time. This places higher demands on you as an entrepreneur to be persistent and review the vulnerability of your business. Business Continuity Management is a way to ensure that your business can continue to function at an acceptable level, regardless of disruption.
Examples of disruptions may be increased risk of cyber-attacks, risk of disruptions in the supply of goods and services and attempts at misinformation. Business Continuity Management is simply about creating a plan B so that you are better prepared for various disruptions.
In-depth information about Business Continuity Management
At msb.se you can find more in-depth information like training materials and guides on how you can plan for staff losses and have a plan B if the unforeseen should occur.
The National Food Administration has in-depth information on crisis management and continuity planning for those who produce and trade in food.
Responsible: Swedish Agency for Economic and Regional Growth