Income tax

Sole traders and foreign legal persons

All sole traders (natural persons that conduct business in their own name) and foreign legal persons are required to submit a yearly income tax return if the entrepreneur or company

• has had income which is liable to income tax in Sweden
• own property in Sweden which is subject to state property tax or municipal property charge,
  
• is liable to pay special tax on pension costs, or
• is liable to pay tax on returns on pension funds.

Swedish legal persons

The Swedish legal persons referred to here are:

• Limited Company (aktiebolag)
• Partnerships (handelsbolag)
• Limited Partnership (kommanditbolag)
• Economic Associations (ekonomiska föreningar)
• Non-profit organisations (ideella föreningar)
• Registered Religious Communities (registrerade trossamfund)
• Foundations (stiftelser)

When should the income tax return be submitted?

The income declaration is turned in yearly, after the end of the fiscal period pertaining to the business (sole trader/company) – normally once per twelve months. Sole traders shall declare their income on Inkomstdeklaration 1 at latest May 2 each year (or the next working day). Legal persons shall submit Inkomstdeklaration 2, 3 or 4 at one of four designated declaration dates.

Who may fill out, sign and submit the income tax return?

You/owner/designated person may fill out, sign and submit the income tax declaration return. It should be sent to the local Tax Agency office as specified on the preprinted version of the declaration forms. For each company and sole trader there is a last date for filing. A late filing fee may be charged if the last date of submitting the return has passed.

About the tax return forms

Four different income tax return forms: