Exit
Sweden is likely the country with the highest taxes in the world. It is costly to earn money in Sweden, and entrepreneurs face challenges due to the high tax burden.
Nevertheless, Swedish entrepreneurs and investors are among the most successful in the world. For most entrepreneurs and investors, there comes a time when it's time to sell their business - to make what's known as an exit.
An exit can be heavily taxed in Sweden, primarily due to the Swedish 3:12 regulations, which means that capital gains and dividends are taxed as income.
Therefore, it is highly advantageous to seek opportunities abroad upon an exit, where lower tax or no tax at all may be a reality. If one wishes to remain in Sweden, there are also some possibilities for tax optimization.
1
Exit abroad
Significant tax benefits exist when exiting in connection with moving abroad. Numerous countries worldwide have tax regulations that are favorable to entrepreneurs. It has become increasingly common for countries to introduce special tax regimes for individuals moving to the country without having previously lived there.
For a tax-optimal exit to be successfully executed, Swedish tax law must be analyzed alongside the tax laws of the destination country and any tax treaty between Sweden and the destination country.
Typically, we prepare a report for exits abroad, which addresses all of these regulations. The report is prepared by us in collaboration with one of our partner firms in the country where the relocation is to take place. The report includes descriptions of regulations, as well as detailed step-by-step instructions on the order and method for executing transactions, applications, and similar procedures. All of this is done to ensure that you achieve an optimal tax situation when selling your shares.
2
Compliance for exits abroad
In addition to planning an exit abroad, we can offer ongoing assistance with income tax returns in Sweden and the new country of residence, as well as similar measures necessary for executing the exit in a tax-optimal manner. In collaboration with our partner firms abroad, we can also assist with the establishment of foreign holding companies and similar structures.
3
Exit in Sweden
There are many individuals who are not prepared to relocate abroad upon Exit. For these individuals, we offer tax advisory services on how to execute an exit in the most tax-efficient manner upon settling in Sweden.
The advisory primarily concerns the impact of the Swedish so-called 3:12 rules on capital gains.
Contact
Are you in need of tax advisory services for a planned exit? Get in touch with us to take the first step towards minimizing your tax and being able to enjoy the money you've worked hard for!