This information is relevant to all foreign companies that run cross-border banking, securities, fund management, financing or insurance operations, or that offer PEPP (Pan-European Personal Pension Product) schemes to customers in Sweden, and intend to conduct business here without establishing a branch or similar in this country.
Before your company starts to carry out any business activities in Sweden, you must complete the following Undertaking form and submit it to the Swedish Financial Supervisory Authority (“Finansinspektionen”):
All companies that carry out cross-border business activities in Sweden are obliged to submit statements of earnings and deductions (“kontrolluppgift” or “KU”) in connection with such activities.You must submit these statements of earnings and deductions to the Swedish Tax Agency by January 31 of the year following the income year in question.
You must submit the following statements of earnings and deductions forms for individuals who are resident in Sweden, and for estates of deceased persons:
You must submit forms KU80 and KU81 to the Swedish Tax Agency for direct or indirect payments exceeding SEK 150,000 that are made:
You must submit the following statements of earnings and deductions form for pension savings and endowment insurance:
Please note that the above is not a complete list, but describes the most common KU types.
You can submit statements of earnings and deductions electronically or in paper format, using the relevant form for the item in question.
For a company to be able to submit statements of earnings and deductions to the Swedish Tax Agency electronically, it must register for a Swedish corporate identity number.