There is no easy answer to your question. I guess the best thing you can do is ask a Swedish tax expert. Cheers

The Scandinavian countries have the best social permeability in all of Europe. I would argue that countries like Germany, France or Switzerland have similar or higher standards of Education but still lower tendencies to start business. There is research showing the very positive effect of the social security system in Sweden on the capability to take or accept risk.

A key reason, that is not often mentioned, is that salaries in Sweden are very compressed, meaning very few high earners (and also few low earners) combined with high marginal tax rate on high income. Therefore if you want to become rich as an employee, it's very difficult in Sweden compared to for example the UK. This means entrepreneurship is the much more viable path to obtaining wealth.

@@seanlive6975 I’m not sure I’m entirely with you on that. Sweden has the highest number of billionaires per capita in the world, if you don’t count the small tax haven nations where rich people move to avoid tax. But yes, I see your point.

Sweden is a Cashless society. English is no Problem at all.

@@AskMeStartUp thank you for your reply

well its paid through taxes, and hence are not dependent on your income

Thank you🙏🏻 glad you liked it.

To be honest I am not a tax expert. Hence I cannot answer your question.

@@AskMeStartUp There is no capital or inheritance tax in Sweden: However there is a 21% tax on the profits in your company, paid by the company, and there is a 30% capital gains tax on the dividends you pull out of the company. The capital gains tax also apply to profits gained when selling your shares in the startup with a profit. Depending on what country you live in the capital gain tax can be arbitrated if you pay capital gain tax in your country of residence. All depending on bilateral agreements between Sweden and your country.

@@nilselgenstierna3282 Thank you for this valuable information

Of course kzfaq.info/get/bejne/rseDY6Sgu5m3dac.html

I can sure help you. What are your strengths?

I can supply cinnamon, spice,ect

These are products in demand in Europe. But you need excellent quality and no traces of chemicals. If you want to discuss a business case please feel free to drop me an email.

@@ravindraranatunga I have no experience in agriculture but there will be European Union regulations and standards that you would have to conform with. My recommendation is to search the European Union and European Commission homepages for the relevant regulations. However, if you're not a multimillionaire, I would advise you to get an European partner with a EU registered company. The reason is "product liability laws". This is how it works; if I import your products from Sri Lanka and redistributes it through EU I will hold the legal liability within the EU. If there's a problem I can of course start up legal process in Sri Lanka against you, But because of the costs and delays I would not get into that position. So if you're not a multimillionaire, get a partner or form a joint venture within EU that can handle the paperwork and do the marketing.

@@nilselgenstierna3282 I will try small quantity like air flight .Sri Lanka government help me for export I am not multi millionaire I can supply any spicy 🔥

Absolutley. English is very common in Sweden.

Sure. Please feel free to drop me an email at askme@askmestartup.com to get in contact.

Well any business is hard to start. At least as a EU citizen, residency is not an issue.