It’s been a little while since I posted, and it’s because I’ve been very determinedly finishing up my last few weeks of work, blogging, and (drum roll, please) working on starting my own business!
It’s June 1, so welcome to the first day of action for Kate Reuterswärd Consulting!
In the next few weeks, there will be a lot of work going on behind the scenes to get everything up and running, but it’s not going to affect this blog. It will keep on running and serve as a more personal outlet for my writing projects. Pretty soon, however, I’ll also be managing katereutersward.com, which will be my consulting-related web presence.

Exciting, exciting, exciting!!
In this process, I’ve discovered that while everything you need to start a business in Sweden is technically available in English, it is much easier to fill out forms and search websites for the right information if you’ve got a few key Swedish words up your sleeve.
One of Sweden’s main economic goals for the near future is to stimulate small business growth (pretty good for a so-called Socialist government), and because of that, there is a plethora of governmental agencies and non-profit organizations that exist for the sole purpose of helping potential and new business owners get on their feet.
I’ll be covering those resources and where to go to for help, but first—45 Swedish Words You Should Know Before Starting a Business in Sweden.
(This post originally appeared on the Expat Blog at Sweden.se!)
The Start-Up Phase
Starta och driva: Starting and running your company. These two words are frequently used on websites to point out information and resources for new business owners.
Idé: Idea / concept. Hopefully you have one of these.
Företagare: Business owner. Because Swedish is an agglutinative language (i.e. adds different words together to make hybrid FRANKENSTEIN words), you’ll also find words like nyföretagare and småföretagare—new business owner and small business owner.
Infoträff / rådgivning: Informational meetings / advice. There are a lot of governmental agencies and other organizations (Drivhuset, Skatteverket, Nyföretagarcentrum) that offer free help to new business owners—look for these words to sign up!
Finansiering: Financing
Registrera: Register
Affärsplan: Business plan
Marknad: Market. Also frequently combined with other words—like arbetsmarknad (job market) and svartmarknad (black market).
Bransch: Field / line of work. This is also a good word to know because Swedes often get confused about it and use it incorrectly. If someone asks you what branch you’re in, they want to know what field you work in, not which office. (Note to any Swedes reading—branch means avdelningskontor.)

A resource on different places where you can get help starting a business in Malmö. Look at how happy these women are to be starting their own company! Amazing. Photo: Kate Reuterswärd
Empire building
Marknadsföring: Advertising/marketing
Nätverka: To network
Anställa: To employ
Varumärke: Brand
Tillväxt: Growth
Skydda: Protect
Death and Taxes (or just taxes)
Skatt: Tax. Skatt also means “treasure” or “hoard.” No wonder they love their taxes so much here…
Moms: Sales tax. (“VAT” for all the Brits out there.)
Skattedeklaration: Tax declaration
F-Skatt and FA-Skatt: F-Tax and FA-tax. Basically, if you want to work as a freelancer, you have to register as an enskild firma (sole trader) so that you can receive an F- or FA-tax number. You’ll need this number to be able to legally invoice clients.
As a freelancer, you’ll automatically receive an F-tax number unless you also work as an employee for another company, in which case you get an FA-tax number. (Here’s a link with a lot of great information from Skatteverket, the National Tax Agency.)

At my free info-träff, I got this free magazine as part of my goodie bag. Apparently owning your own company will also make you beautiful and give you glowing skin! (Clearly I haven't read the article yet.) Photo: Kate Reuterswärd
SHOW ME THE MONEY!
Kostnad: Cost
Vinst: Profit
Tillgång: Asset
Skuld: Debt. This word also means “guilt,” which is kind of menacing if you think about it. A simple question at the bank, “Do you have any debts?” becomes “DO YOU HAVE ANY GUILT?!” AHH! Yes! I do!! I’M SORRY!!
Avgift: Fee, charge, duty, dues. You have to pay an avgift, or fee, to register your business. If you want to join a networking group, you might have to pay a yearly avgift, or membership dues. If you own your own apartment, you’ll have to pay a monthly avgift, or charge, to the condominium association. It’s pretty much a catch-all word for something you don’t want to pay for.
Betalning: Payment
Faktura: Invoice
Bokföring: Bookkeeping
Redovisning: Auditing / accounting
Lån and lön: Loan and salary. Very similar looking… very different meanings when it comes to you and your business.
Offert / Anbud: Offers / tenders
Upphandling: Procurement

Even Skatteverket, the National Tax Agency, wants to help me. And I thought they were only there to make me suffer. Photo: Kate Reuterswärd
The Legal Stuff (Invest Sweden has a great resource here about setting up a business in Sweden.)
Tillstånd: Permission or license
Import / Export: Import / Export. I know. Surprise, surprise.
Enskild firma: Sole trader business. An enskild firma has just one owner who assumes all liability for the business’ debts. An enskild firma is not a legal entity; the owner is.
Aktiebolag: Joint-stock company, LLC (UK) or corporation (US). An aktiebolag has a board of directors, minimum capital of SEK 50,000 if it’s privately-owned, and the shareholders have limited liability.
Handelsbolag: Trade partnership company. There are at least two business partners in the company who are personally liable for the partnership’s agreements and debts.
Kommanditbolag: Limited partnership company. A kommanditbolag is a special form of a handelsbolag in that at least one of the business partners has limited liability and at least one has unlimited liability for the partnership’s agreements and debts.
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Have questions? Curious about starting a business in Sweden? I’ll be following up on queries made in the comments! This post originally appeared on the Expat Blog at Sweden.se—you may want to check out the helpful comments being left there as well!