How to open a business account in Sweden: steps, documents and timing

Snapshot

To open a business account in Sweden you usually register the company with Bolagsverket and get an organisation number, register for tax with Skatteverket, then apply to a bank or an electronic money provider with the company documents and identification. For a private aktiebolag you also need a share capital account and a bank certificate for at least SEK 25,000. Identity is verified with BankID, and a branch visit is common. As of 9 February 2026.

Register first: With Bolagsverket for the organisation number, then with Skatteverket for tax and value added tax. As of 9 February 2026.
Share capital for an aktiebolag: At least SEK 25,000 paid into a dedicated account with a bank certificate. As of 9 February 2026.
Identity: Usually BankID, plus a Swedish identity or coordination number, and often a branch visit.
Always: Confirm the current document list and process with the provider.

Fees and features as of 9 February 2026Last reviewed 9 February 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Opening a business account in Sweden follows a clear order. You register the company with Bolagsverket, the Swedish Companies Registration Office, to get an organisation number, then register for tax and value added tax with Skatteverket, the Swedish Tax Agency, including an F tax certificate where relevant. For a private aktiebolag you pay at least SEK 25,000 in share capital into a dedicated account and get a bank certificate that confirms the deposit for registration. Then you apply to a traditional Swedish bank or an electronic money provider with the company documents and identification. Banks verify identity with BankID and often want a branch visit. Steps here are shown as of 9 February 2026. Confirm the current process with the provider.

The steps to open a business account in Sweden

The process depends on your company type, but the order is usually the same. A sole trader running an enskild firma has fewer steps than a private aktiebolag, which needs a share capital account before it can register. As of 9 February 2026. Confirm the current steps with Bolagsverket and your provider.

Step 1, register the company and get an organisation number

Register the business with Bolagsverket to get the organisation number, a ten digit identifier that acts as the company identity for tax, invoicing and banking. A private aktiebolag needs share capital of at least SEK 25,000 paid into a dedicated account, with a bank certificate confirming the deposit before registration completes. As of 9 February 2026. Verify the current minimum and process with a bank and Bolagsverket.

Step 2, register for tax with Skatteverket

Register for tax with Skatteverket, the Swedish Tax Agency. This usually includes applying for an F tax certificate and, where your turnover requires it, registering for value added tax. Banks often want to see that the company is registered for tax before they open the account. As of 9 February 2026. Confirm the current requirements with Skatteverket.

Step 3, choose a provider and gather the documents

Decide between a traditional Swedish bank such as SEB, Swedbank, Handelsbanken or Nordea, and an electronic money provider such as Revolut Business, Wise Business or Airwallex that serves the European Economic Area. Gather the registration documents from Bolagsverket, identification for the owners and signatories, proof of the business address, the F tax certificate, and the statutes or articles of association where relevant. As of 9 February 2026. Confirm the exact document list with the provider.

Step 4, apply and verify identity

Apply online or in a branch. Swedish banks verify identity with BankID, so signatories usually need a Swedish identity number or a coordination number called a samordningsnummer, and a branch visit is common for new business customers. Electronic money providers verify identity digitally and may accept European Economic Area registered companies without a branch visit. As of 9 February 2026. Confirm the current identity checks with the provider.

What documents banks ask for

The list varies by provider and company type, but most ask for the following. Verify with the provider

Registration documents from Bolagsverket and the organisation number.
Identification for owners and signatories, verified with BankID where required.
The F tax certificate from Skatteverket and, for a company, the statutes or articles of association.

How non residents are treated

Non residents can open a Swedish business account, but the checks are heavier. Banks usually want a Swedish identity number or a coordination number, BankID, and often a branch visit, and they review owners and activity closely. Electronic money providers may accept a European Economic Area registered company with digital checks, though acceptance is not guaranteed. If your position is unclear, verify it with the provider before you apply. As of 9 February 2026.

Compare business accounts available in Sweden

These providers accept business customers in Sweden. Fees and eligibility shown as of 9 February 2026. Confirm current terms with the provider before applying.

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Questions about opening a business account in Sweden

What do I need to open a business account in Sweden?

You usually need the company registration and organisation number from Bolagsverket, tax registration with Skatteverket including an F tax certificate where relevant, identification for signatories verified with BankID, and for an aktiebolag a share capital account with a bank certificate for at least SEK 25,000. As of 9 February 2026. Confirm the current list with the provider. This is general information, not advice.

Do I have to register the company before opening an account?

Usually yes. Banks and electronic money providers want the organisation number and tax registration before they open a business account. A private aktiebolag also needs the share capital account and bank certificate to complete its registration with Bolagsverket. Verify the current order with the provider.

Can a non resident open a business account in Sweden?

Often yes, with heavier checks. Banks usually want a Swedish identity or coordination number, BankID and often a branch visit, while some electronic money providers accept European Economic Area registered companies with digital checks. Acceptance is not guaranteed, so verify your position with the provider before applying.

How long does it take to open a business account in Sweden?

It varies. Electronic money providers can onboard a registered company online within days, while a traditional bank may take longer because of documentation and a branch visit. Forming an aktiebolag adds time for the share capital certificate and registration. As of 9 February 2026. Confirm current timing with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 9 February 2026. Confirm current terms with the provider before applying.