Sweden
General Overview
- Currency: Swedish Krona (SEK)
- Languages: Daily and business communication in Swedish.
- Public Holidays: Approx. 11 days national public holidays.
- Capital: Stockholm
- Fiscal Year: Running from Jan 1 to Dec 31.
- Minimum Hourly Wage: Not established, wages are determined by collective agreements.
Tax Essentials
- Income Tax Range: From 0% to 57%.
- Other Taxes: VAT 25%, Corporate tax 20.6%.
Social Security Contributions
- Employer Charges: From Approx. 31.42%.
- Employee Charges: From Approx. 7%.
Employment Contracts & Conditions
- Contract Types: Permanent, Fixed-term.
- Trial Periods: Up to 6 months.
- Paid Holiday: 25 days annually.
- Salary Payment Frequencies: Monthly.
- Termination Notice: Notice varies, typically 1-6 months.
Legal Benefits for Employees
- Medical Coverage: State (comprehensive healthcare).
- Common Non-Compulsory Benefits: Wellness allowance, additional pension.
Hiring Non citizen or resident
- Visa & Work Permits Obligation: Yes, for non-EU/EEA citizens.
- High-Skilled Worker Permits: Not specifically available; general work permit process applies, but Sweden has a fast-track for certain skilled positions.
- Visa & Work Permits Timelines: Up to 3 months for the fast-track scheme.
The information provided on these countries serves as a general guideline and may
require verification and updates from legal sources or official websites.
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