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Residence Permits for the self-employed

If you stay in Sweden for more than three months in order to start a company or enter into a company partnership in Sweden you must have a residence permit. As a self-employed person, however, you do not require a work permit.

Your permit must have been entered in your passport before your arrival in Sweden.

What are the requirements?

· A commercial evaluation is needed in order to establish that your business plans are realistic. In addition, we must determine whether your business can be expected to achieve satisfactory profitability.

· There must be documentary evidence that you have access to the capital needed to establish or purchase a company.

· You must be able to support yourself and your family for at least a year in Sweden.

· You must supply detailed documentation of your business plans. You must submit a market forecast, a profit and liquidity budget, and a properly budgeted balance sheet. You must also give details of your customer references, banking connections, experience in the field concerned, and any training or education you may have received. If you have purchased an existing company, you must enclose the two most recent annual reports with your application.

· If you enclose a report/statement of opinion from an approved/authorized accountant in Sweden concerning your company plans, your may come through sooner. This document should make clear whether the plans are realistic and whether the company can be expected to make a reasonable profit. You have to pay the accountant’s costs in this respect yourself.

How long will I have to wait for a decision?

To be sure of obtaining your permit in time, you should present your application five months prior to your departure for Sweden.