- Exemption and Eligibility: Small enterprises in Sweden can opt for the SME scheme, which provides simplified VAT obligations. However, certain transactions, such as the sale of new means of transport to another member state, investment gold, and leasing of immovable property (if opted for taxation), are excluded from this scheme.
- Simplified VAT Obligations: Enterprises applying the domestic SME scheme are exempt from various VAT obligations, including the need to register for VAT, submit periodic VAT returns, and provide administrative statements. In cross-border situations, a single prior notification replaces VAT registration across member states, and a single quarterly report is required instead of multiple returns.
- Quarantine Period and Appeals: Small enterprises excluded from the SME scheme face a quarantine period during which they cannot benefit from the exemption. Appeals regarding the domestic scheme should be directed to the Member State of establishment, while appeals related to cross-border operations may involve both the Member State of establishment and the Member State of exemption, depending on the issue.
Source ec.europa.eu
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