Swedish Riksdag has instated new regulation which permits business entities operating in Sweden and engaged in research activities to reduce their employer social security contributions.
Sweden Introduces Reduced Social Security Contributions for R&D Employees
1. Sweden Introduces Reduced Social Security Contributions for R&D Employees
Update from Nair & Co. International Compliance Team
(Bristol, UK) - Effective 1 January 2014, Swedish Riksdaghas instated new regulation which permits
business entities operating in Sweden and engaged in research or development activities to reduce
their employer social security contributions.
This reduction in contributions creates an opportunity for companies to save approximately SEK
230,000 on a monthly basis, reports Nair & Co. a provider of global HR services for companies setting
up international operations.
Further, the new regulation is applicable on all compensation paid after 31 December 2013.
For more information about doing business overseas or to know more about our International
Expansion Services team please contact us.
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