Overview of how Limited Liability Companies (LLCs) in Denmark, Sweden & Finland work
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Limited Liability Companies (LLCs) in the Nordic Region: An overview
Limited Liability Companies (LLCs) are popular business structures in the Nordic region, including Denmark, Sweden, and Finland. Read this article to understand the requirements of forming a LLCs in the Nordic countries, and what the key differences are.
LLCs in Denmark, Finland & Sweden
Denmark: In Denmark, an LLC is known as an Anpartsselskab (ApS). It offers limited liability protection and requires a minimum share capital of DKK 40,000. ApS is favored by entrepreneurs and small to medium-sized enterprises.
Sweden: In Sweden, an LLC is called an Aktiebolag (AB). ABs provide limited liability protection and require a minimum share capital of SEK 25,000. They offer flexibility in ownership and management structure.
Finland: In Finland, an LLC is referred to as an Osakeyhtiö (Oy). Oy provides limited liability protection and requires a minimum share capital of EUR 2,500. It is recognized for its simplicity and flexibility.
Key Features and Benefits of Limited Liability Companies in the Nordic countries
- Limited liability protection safeguards personal assets from business liabilities.
- Flexible ownership structure allows adaptation to specific needs.
- Clear separation of personal and business assets ensures financial security.
- Credibility of LLCs opens doors to partnerships, contracts, and investments.
Make sure your LLC stays compliant with GTS Nordic
Limited Liability Companies (LLCs) provide entrepreneurs and businesses in the Nordic region with limited liability protection, flexibility, and credibility. Establishing an LLC involves meeting specific legal requirements. At GTS Nordic we can assist your LLC effectively and ensure compliance, as we are experts in local law. LLCs empower businesses to pursue growth opportunities while offering shareholders confidence and protection in the dynamic Nordic business landscape.
Discover how GTS Nordic can help you stay compliant on your next assignment in Denmark, Sweden or Finland.
Experience the Nordics
Relocating to another country is a daunting task. But your local assignment should not be about paperwork, complicated processes and tedious legislation. It should be about experiencing everything Denmark, Sweden or Finland has to offer. With GTS Nordic as your local partner, relocation becomes a smooth and hassle-free process.