Sweden being an EU member state falls under the EU VAT regime. Member states must adopt EU VAT Directives into their own legislation.
Standard VAT Rate: 25%
Reduced VAT Rate: 6%, 12%
Registration Threshold Distance Selling: 320,000 SEK
EU VAT number format: SE999999999999
Resident - There is no registration threshold
Non resident - There is no registration threshold
IC Acquisitions -SEK 90,000
Since 1 January 2002 there is no obligation to appoint a VAT representative for EU businesses, and for countries with special agreements with Sweden as regards the collection of VAT debts (e.g. Norway). Businesses from other countries are however still obliged to appoint a fiscal representative.
The appointed representative should, on behalf of the non-resident business, apply for a VAT registration in Sweden and file VAT returns.
EU businesses and businesses established in countries with special agreements with Sweden as regards collection of VAT debts (e.g. Norway), have an optional right to appoint a fiscal representative for the VAT application and reporting.
The business should apply for VAT registration before it starts its taxable business in Sweden.
Detailed rules regulate reporting requirements of Swedish transactions for Value Added Tax purposes. These include: invoice requirements, timeliness for an invoice to be issued, invoice and credit notes corrections rules, foreign currency reporting requirements and exchange rate sources, correction of previously submitted returns and accounting records that must be maintained for VAT purposes.