Business Reforms in Sweden
= Doing Business reform making it easier to do business. = Change making it more difficult to do business.
Registering Property: Sweden made it easier to transfer a property by increasing administrative efficiency and introducing an independent and separate mechanism for reporting errors on maps.
Starting a Business: Sweden made starting a business easier by requiring the company registry to register a company in five days.
Registering Property: Sweden made registering property easier by fully implementing a new system for property registration.
Paying Taxes: Sweden made paying taxes less costly for companies by reducing the corporate income tax rate.
Registering Property: In Sweden property transfers became more time consuming during implementation of a new information technology system at the land registry.
Registering Property: Sweden increased the cost of transferring property between companies.
Starting a Business: Sweden cut the minimum capital requirement for limited liability companies by half, making it easier to start a business.
Registering Property: Sweden made registering property easier by eliminating the requirement to obtain a preemption waiver from the municipality
Protecting Minority Investors: Sweden strengthened investor protections by requiring greater corporate disclosure and regulating the approval of transactions between interested parties.
Paying Taxes: Sweden reduced profit and payroll tax rates
Getting Credit: Sweden strengthened its secured transactions system through changes to the Rights of Priority Act that give secured creditors’ claims priority in cases of debtor default outside bankruptcy.
Enforcing Contracts: Sweden made contract enforcement faster through new legislation introducing more stringent timelines for civil cases. It also improved the process by reinforcing the role of the judge in actively managing cases, amending evidence rules, requiring permission to appeal courts’ decisions and reviewing statutory fees for enforcing judgments.
Labor Market Regulation: Sweden reduced the maximum duration of fixed-term contracts.