VATupdate

SWEDEN

Sweden

Sweden is one of the 27 Member States of the European Union.

Basic VAcTs

Latest update 01.06.2024
Country ISO Code SE
EU Member State Yes
Local name Mervärdesskatt (MOMS)
VAT number format SE 123456789012
VAT Rates  
Standard VAT Rate 25%
Reduced VAT Rate 12%
Special Reduced VAT Rate 6%
VAT Compliance  
Standard VAT Return filing period Monthly or (calendar ) quarter or Annually
Standard VAT Return filing deadline 26th day of the month following the filing period *

VAT Representation required for non-resident
businesses?

Yes, mandatory for non-EU businesses, except Norway, the Aland Islands, Iceland, the Faroe Islands and Greenland
Record retention period 7 years
Electronic invoicing Not mandatory for B2B transactions
Click HERE for more info
Real-time reporting n.a.
Special Rules  
General domestic reverse charge for domestic
supplies of goods by non-resident businesses?
Yes, domestic supplies of goods by non-resident
businesses to VAT registered B2B customers
Other domestic reverse charge mechanisms? Yes, e.g. (sub-)contracting work, supplies of specific goods (e.g. IT-products, scrap, waste materials), supply of CO2-certificates
Postponed Accounting on Import No
VAT Grouping possible? Yes
VAT Refunds for non-EU businesses? Yes (no reciprocity)
Remarks  
Link to VAT Law HERE
Remarks * Filing deadline may vary, depending on turnover

Below is an overview of the latest VAT news for this country.

Note: The above information is taken from various sources and is for information purposes only and is not intended to be advice. Although the author went to great lengths to make sure the information is accurate and useful, users should not act on the basis of any matter used or presented without considering appropriate professional advice.

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