Sweden plans to cut its Corporate Tax Rate
201803.22
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Sweden plans to cut its Corporate Tax Rate

The Swedish government plans to lower corporate taxes in two stages from 22% down to 20.6%. The rate is to fall to 21.4 percent from Jan. 1, 2018 and to 20.6 percent in 2021, Finance Minister Magdalena Andersson said on Wednesday. At the same time, the intention is to take measures against aggressive tax planning…

Sweden may cut corporate tax rate down to 20%
201706.21
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Sweden may cut corporate tax rate down to 20%

The Swedish government will propose a corporate tax cut to 20%, down from present 22% according to Finance Minister Magdalena Andersson and Deputy Finance Minister Per Bolund. The corporate tax rate of neighboring Finland has been 20% for some years now. The proposed changes also include limitations to the deductibility of interest payments for companies….

International Women’s Day 2017: Sweden is the best country for women
201703.08
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International Women’s Day 2017: Sweden is the best country for women

Sweden is the best country in the world for women, at least according to a large american survey done by US News & World Report together with University of Pennsylvania and the brand consultants BAV Consulting. The survey ranks 80 countries around the world based on how closely people associate them with certain attributes such…

Sweden first in Global Sustainable Competitiveness Index
201612.16
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Sweden first in Global Sustainable Competitiveness Index

The Nordic countries ranked as top five overall in this year’s Global Sustainable Competitiveness Index. Sweden as first, followed by Norway, Finland, Denmark and Iceland. Altogether, the index evaluated 180 countries across their natural capital, resource intensity, intellectual capital, social cohesion and governance. The Global Sustainable Competitiveness Index utilizes recognized data sources (the World Bank,…

The Nordic countries lead the world in the rule of law
201610.21
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The Nordic countries lead the world in the rule of law

Denmark, followed by Norway, Finland and Sweden turned out to enjoy the world’s best and fairest rule of law according to a new global ranking report by the World Justice Project (WSP). Rule of law is a fundamental condition for liberal democracy. More than 100,000 households and experts were surveyed to measure rule of law…

Finnish bank launches a credit card that lets users track their carbon footprint
201606.16
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Finnish bank launches a credit card that lets users track their carbon footprint

Baltic Sea Credit Card A small Finnish bank, Ålandsbanken, based on the autonomous Åland Islands but with offices in Finland and Sweden, is launching a new credit card to combat climate change. Made of renewable raw materials This new Baltic Sea Credit Card is made completely of renewable raw materials, is non-toxic and is biodegradable…

Sweden introduces a long awaited system for Tonnage Tax
201605.25
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Sweden introduces a long awaited system for Tonnage Tax

Yesterday the Swedish government submitted a proposal to the Parliament for a tonnage tax system that allows Swedish shipping companies to operate under competitive conditions similar to other countries in Europe. The aim of the government is to increase the competitiveness of the Swedish merchant fleet and increase the number of Swedish flagged vessels. “Tonnage…

Stockholm – The “Capital of Scandinavia”?
201605.17
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Stockholm – The “Capital of Scandinavia”?

This slogan and brand launched by Stockholm Business Region in 2005 is understandably controversial. The Danes and Norwegians call it “Typical Swedish megalomania”. Naturally, there is no such thing as a capital of Scandinavia just as there is no capital of Europe. The main arguments for Stockholm being the “Capital of Scandinavia”, according to Stockholm…

201604.13
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Invest in Sweden! Economic Boom, Lower Unemployment and Increasing Exports

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Time to invest in Sweden? Yesterday, Swedish Finance Minister Magdalena Andersson raised the economic growth forecast for 2016 and predicted narrowing deficits in the coming years as an economic boom helps the nation cope with a record influx of asylum seekers. Gross domestic product will expand 3.8 percent in 2016 and 2.2 percent in 2017,…

201604.08
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Swedish business culture advice from random Swede

Edit: The video is no longer available. “You will soon be connected to a random Swede, somewhere in Sweden.” 250 years ago Sweden was the first country to abolish censorship. Now Sweden is the first country with its own phone number. Call the Swedish number on +46 771 793 336 and a random Swede will…

201602.22
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Member of the Finnish-Swedish Chamber of Commerce

Scandicorp is today a member of the Finnish-Swedish Chamber of Commerce (FINSVE). The Chamber of Commerce helps especially small and medium sized Finnish businesses in entering the Swedish market. Scandicorp is convinced that many Finnish companies would benefit greatly from a presence in neighboring Sweden. Scandicorp will happily help with company formation and related accounting…

201602.09
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A lesson in Swedish

An Englishman named Colin Moon stated some of the most common polite phrases in Swedish. Read and learn. The Swede is a person of few words. Eng: Excuse me, I didn’t quite catch what you were saying. Swe: Va? (vah?) Literal translation: What? Eng: Sorry for bumping into you like that. So terribly clumsy of…

201601.25
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Finland and Sweden top Net Impact on Global Innovation

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Finland and Sweden rank 1st and 2nd respectively in how its domestic policies support worldwide innovation, according to an analysis released today by the Information Technology and Innovation Foundation (ITIF), a global technology policy think tank. The findings come in a new report assessing 56 countries—which together comprise close to 90 percent of the world’s…

201601.20
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New UK-Sweden tax treaty

The UK-Sweden tax treaty, signed March 26, 2015, entered into force on December 20, 2015, HM Revenue and Customs announced January 13. The treaty replaces a tax treaty signed August 1983. The treaty will take effect in both Sweden and the United Kingdom in respect of taxes withheld at source, for amounts paid or credited…

201512.21
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Nordic countries are the best for business

Forbes gauged the World’s Best Countries for Business by grading 144 nations on 11 different factors: property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance. Denmark scored first, Norway third, Sweden fifth, and Finland sixth. New Zeland was second and Ireland fourth. For full article

201512.02
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The Nordic countries among the top five in English skills

The EF English Proficiency Index 2015 (EF EPI) attempts to measure the Worldwide English Proficiency when it comes to English as a Second language. The Nordic countries ranked among the top five in the world: Sweden 1st place, followed by the Netherlands, Denmark, Norway and Finland. This year’s EF EPI report profiles all 70 ranked…

High Nordic rankings in ease of doing business
201510.29
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High Nordic rankings in ease of doing business

The Nordic countries ranked high in the world for doing business by the World Bank’s annual Doing Business 2016 report. Surveying a total of 189 countries, the list is widely considered the most authoritative in the world. The index takes into account regulations that affect facilitating the smooth flow of business. A total of 10…

201510.22
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Stockholm and Helsinki as the best cities for digital startups

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Stockholm was ranked third best followed by Helsinki as fourth best among 35 European cities for startups in a recent survey. The index released was created by UK-based innovation charity Nesta as part of the European Digital Forum. It rates cities by how well they create a supportive environment for digital companies, from local business…

201509.17
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Where to grow your business 2015

Grant Thornton, a large international network of independent accounting and consulting firms, just published their annual Global Dynamism Index (GDI) report for 2015 “Going beyond borders: Where to grow your business”. This index combines 22 indicators across five growth areas to rank the business growth environment of the 60 largest economies in the world. Finland…

201508.12
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Finland and Sweden “Sleeping Giants of Mining”

Finland and Sweden are shaping up as a new exploration frontier for mining companies, as they widen their global hunt for metals from nickel to gold, according to Sirius Resources NL. A lack of exploration around existing mines in the two nations and a natural endowment of metals mark them out as a key target,…