Definitions of
Business Legal forms
SwedenNorway DenmarkFinland
Legal forms Sweden
Below please find a short description of the most often seen legal company forms in Sweden:Up!
Publika Aktiebolag (Publ)
Public Limited Company registered in Patent- & Registreringsverket (PRV). Company House number begin with 556….. Share capital (minimum): SEK 500.000. Financial Statement is publicly available. Fees and liquidation if the Statement is not filed seven months after the end of the statement period.

Privata Aktiebolag (AB)
Private Limited Company registered in Patent- & Registreringsverket (PRV). Company House number begin with 556….. Share capital (minimum): SEK 100.000. Financial Statement is publicly available. Fees and liquidation if the Statement is not filed seven months after the end of the statement period.

Handelsbolag (HB)
General Partnership registered in PRV. The partners are individually liable for the total debt of the partnership. Financial Statement is not publicly available.

Kommanditbolag (KB)
Liable Partnership by Shares registered in PRV. The partners are only liable for their share of the total debt of the partnership according to their share. Financial Statement is not publicly available.

Enskild Firma (EF)
Sole Proprietorship registered in PRV. The owner is liable for the total debt of the proprietorship. Financial Statement is not publicly available.

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Legal forms Norway
Below please find a short description of the most often seen legal company forms in Norway:Up!

Allmenn Aksjeselskap (ASA)
Public Limited Company registered in Register of Business Enterprises. Share capital (minimum): NOK 1,000.000. Financial Statement has to be filed no later than seven months after the end of statement period. The company will be sent to liquidation if the Statement is not filed 13 months after the end of the statement period. A personal fee for the Chairman of the Board is granted if the Statement is filed too late.

Aksjeselskap (AS)
Private Limited Company registered in Register of Business Enterprises. Share capital (minimum): NOK 50.000. Financial Statement has to be filed no later than seven months after the end of statement period. The company will be sent to liquidation if the Statement is not filed 13 months after the end of the statement period. A personal fee for the Chairman of the Board is granted if the Statement is filed too late.

Ansvarlig Norsk Selskap (ANS)
General Partnership registered in Register of Business Enterprises. The partners are individually liable for the total debt of the partnership. Financial Statement is not publicly available.

Delt Ansvar (DA)
Liable Partnership by Shares registered in Register of Business Enterprises. The partners are only liable for their share of the total debt of the partnership according to their share. Financial Statement is not publicly available.

Enkeltmannsforetak (ENK)
Sole Proprietorship registered in Register of Business Enterprises. The owner is liable for the total debt of the proprietorship. Financial Statement is not publicly available.

Begrenset Ansvar (BA)
Cooperation registered in Register of Business Enterprises. Each owner one share, Financial Statement is not publicly available.
Legal company forms in Denmark

Below please find a short description of the most prevalent types of companies in Denmark.

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Aktieselskab (A/S)
All limited liability companies are registered in the register of the Danish Commerce and Companies Agency.

Share capital: DKK 500,000 (minimum requirement)

Annual accounts are publicly available. The accounts are to be filed with the Danish Commerce and Companies Agency no later than 6 months after the fiscal year has ended. Information about the size of the turnover is not required in the annual accounts if the company meets at least two of the below demands:

  1. The turnover < DKK 150,000,000
  2. Total balance sheet sum < DKK 75,000,000
  3. Number of employees < 250

Approx. 35,168 limited liability companies are registered in Denmark.

 

Anpartsselskab (ApS)
All private limited companies are registered in the register of the Danish Commerce and Companies Agency.

Share capital: DKK 125,000 (minimum requirement)

Annual accounts are publicly available. The accounts are to be filed with the Danish Commerce and Companies Agency no later than 6 months after the fiscal year has ended. Information about the size of the turnover is not required in the annual accounts if the company meets at least two of the below demands:

  1. The turnover < DKK 150,000,000
  2. Total balance sheet sum < DKK 75,000,000
  3. Number of employees < 250

 

Approx. 75,970 private limited companies are registered in Denmark.

 

Enkeltmandsvirksomhed
Sole proprietorships are not required to register, and no annual accounts are to be made publicly available. Approx. 280,000 sole proprietorships exist in Denmark, and is hereby the most used legal form in Denmark.

 

Intressentskab (I/S)
General partnerships have to be registered in the register of the Danish Commerce and Companies Agency, if all the partners are companies with limited liability. Of the approx. 28,000 general partnerships in Denmark only approx. 450 are registered. The registered general partnerships are to file their annual accounts (with the exception of companies covered by ÅRL§2e,f). Information about the size of the turnover is not required in the annual accounts if the company meets at least two of the below demands:

  1. Turnover < DKK 150,000,000
  2. Total balance sheet sum < DKK 75,000,000
  3. Number of employees < 250

The annual accounts have to be filed with the Danish Commerce and Companies Agency no later than 6 months after the fiscal year has ended.

Non-registered general partnerships are not to file annual accounts.

Kommanditselskab (K/S)
Limited partnerships have to be registered in the register of the Danish Commerce and Companies Agency, if all the general partners and limited partners are companies with limited liability. There are 1,534 registered limited partnerships in Denmark. The registered limited partnership are to file their annual accounts (with the exception of companies covered by ÅRL§2e,f). ). Information about the size of the turnover is not required in the annual accounts if the company meets at least two of the below demands (ÅRL§64c.stk.4) :

  1. Turnover < DKK 150,000,000
  2. Total balance sheet sum < DKK 75,000,000
  3. Number of employees < 250

The annual accounts have to be filed with the Danish Commerce and Companies Agency no later than 6 months after the fiscal year has ended.

Andelsselskab Med Begrænset Ansvar (AMBA)
All cooperative societies with limited liability have to be registered in the register of the Danish Commerce and Companies Agency.

The societies have to file their annual accounts if they exceed at least two of the following demands:

  1. Turnover < DKK 10,000,000
  2. Total balance sheet sum < DKK 4,000,000
  3. Number of employees < 10

The annual accounts have to be filed with the Danish Commerce and Companies Agency no later than 6 months after the fiscal year has ended.

Of the approx. 4,500 co-operative societies in Denmark 834 are registered in the register of the Danish Commerce and Companies Agency.

 
Legal forms Finland
Below please find a short description of the most often seen legal company forms in Finland:Up

Osakeyhtiö Julkinen (OYJ)
Public Limited Company registered in Companies House. Share capital (minimum) FIM: 500.000. Financial Statement is publicly available, should be filed seven months after the end of the statement period. Companies with turnover > 4,000.000, total assets > 2,000.000 and employees >10 should file their Statements. Present only 25% of the companies file their Statement.

Osakeyhtiö (OY)
Private Limited Company registered in Companies House. Share capital (minimum) FIM: 50.000. Financial Statement is publicly available, should be filed seven months after the end of the statement period. Companies with turnover > 4,000.000, total assets > 2,000.000 and employees >10 should file their Statements. Present only 25% of the companies file their Statement.

Auoin Yhtiö (AY)
General Partnership registered in Companies House. Financial Statement is publicly available for companies with turnover > 20,000.000, total assets > 10,00.000 and employees > 50.

Kommandiityhtiö (KY)
Limited Partnership registered in Companies House. Financial Statement is publicly available for companies with turnover > 20,000.000, total assets > 10,00.000 and employees > 50.

Toiminimi/Enskild Näringsidkare (T:Mi)
Sole Proprietorship registered in Companies House. Financial Statement is publicly available for companies with turnover > 20,000.000, total assets > 10,00.000 and employees > 50.

Osuuskunta (OK)
Cooperation registered in Companies House. Financial Statement is publicly available for companies with turnover > 20,000.000, total assets > 10,00.000 and employees > 50.


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