Popular investment vehicles in Sweden

Updated on December 2023

• Swedish Limited Liability Company (Aktiebolag)
• Swedish Limited Partnership (Kommanditbolag)

• Corporate: Private  limited liability company

• Contractual partnership Represented by a general partner

• Corporate tax 20.6 % 
• Dividends and capital gains on shares are subject for participation exemption. 
• WHT of 30% applies to dividends, but the rate may be reduced under applicable double tax treaty. 
• Exemption from WHT may apply if the recipient is a limited liability company genuinely established within the EEA or if wht is exempted under the relevant double tax treaty (if applicable)

• Transparent Income is calculated on shareholder level and attributed to the participants based on ownership shares.

• Real estate transfer tax of 4.25% if sold to a company and 1,5 % if sold to an individual on registration of deed. The transfer tax is only levied if the real estate is sold directly, i.e. is the transfer tax not levied if real estate is sold indirectly via a SPV. 
• Sweden does not have any other transfer taxes or stamp duties.

• Real estate transfer tax of 4.25% if sold to a company and 1,5 % if sold to an individual on registration of deed. The transfer tax is only levied if the real estate is sold directly, i.e. is the transfer tax not levied if real estate is sold indirectly via a SPV. 
• Sweden does not have any other transfer taxes or stamp duties.

• Yes, but requires that the entity is re-categorized to a public limited company

• No

• Open- or closed-ended

• Open- or closed-ended

• AIFM regulated by the Swedish Financial Supervisory Authority (Finansinspektionen)

• AIFM regulated by the Swedish Financial Supervisory Authority (Finansinspektionen)

• No (other than requirements set out in AIFMD)

• No (other than requirements set out in AIFMD)

• Flexible in terms of establishment and operations

• Highly flexible and similar to UK and Luxembourg Limited Partnerhsip Tax transparency

• Withholding tax on dividends

• Investor recognition is low 
• For non-Swedish investors Risk of creating permanent establishment (PE)

• All strategies – commonly used for PE/RE/Infra

• All strategies – commonly used for PE/RE/Infra