Establishing SUF Bolag in Sweden
The SUF or Swedish registered foreign company is a sister company of a limited company registered in England. Your SUF bolag is registered in the Swedish Companies register, thereby sanctioning your company the right to operate in Sweden like any traditional Swedish AB. You are offered all the rights of an AB but at a cheaper cost. It is not difficult to establish such a company in Sweden. Company formation agencies such as Panlegis help you acquire your SUF much faster. So it does help to use a formations agent, as they are thoroughly familiar with the laws and the paperwork required for the process.
With a registered limited company in England, you automatically get the right to form a company anywhere in the EU, as the authorities of that country are bound by the Company Law that offers the right to freedom of establishment within the EU. The SUF can operate as freely as any other company in Sweden and will in no way be made to go through extra formalities that are not imposed on the traditional Swedish companies. In fact, it will enjoy all the benefits of the AB and more, such as no personal liability, no need for the minimum capital share of £100,000 and a number of other advantages.
When you register your SUF in the Companies register, you are required to give a company name. The name that you put down must correspond fully or partly to the main company in England, which should be a limited company with the name ending in ‘Ltd’. The name should be available for you to register. You can seek the help of a company formations agency of the likes of Panlegis to help you with the registration and establishment of your SUF bolag.