Sweden: The Baltic Rim Concept

Last Updated: 28 September 1999


The Baltic Rim Concept is a cooperation between the Baltic Trade Office and Advokatfirman Delphi


Talbot S Lindström, Advokatfirman Delphi HB, talbot.lindstrom@delphilawyers.se

Stig Thorsson, Baltic Trade Office/Östersjöhandelskontoret, stig.thorsson@baltictrade.oxelosund.se


The Greater Stockholm Region offers an easy access to a market of 60 million potential customers around the Baltic Rim, and apx. 250 million including the entire interconnected region. Only 24 million of those potential customers are in mature markets; the rest are in emerging markets.

Growth rates in key parts of the Baltic Rim are currently at around 6 to 11%; this is far in excess of those in the US and most OECD countries. At the same time the Rim´s emerging economies are stabilizing and inflation rates are coming under control and dropping, which means that the window of opportunity for entry is narrowing.

All of the major cities in the area are within daily commuting distance by air (about one to two hours). Those cities situated on the coast are generally accessible by overnight train/car ferry from Greater Stockholm. Flight time to Moscow and the Ukraine's capital of Kiev is around two hours from Stockholm.

Greater Stockholm is the most centrally located major metropolitan area in the Baltic Rim. It has a well-developed business infrastructure and is virtually bilingual with respect to English. Stockholm is a safe and healthy city – it has an efficient, inexpensive, all-weather public transportation system, excellent English language schools, unexcelled access to recreational and cultural facilities and low crime rates.

Sweden has some of the lowest wage rates in Europe and lower costs for engineers than the U.S. and the EU. The relatively large numbers of ethnic Estonians, Latvians, Lithuanians, Poles and Russians, not to mention Nordic country citizens and German speakers, found in the Greater Stockholm area provide an unsurpassed pool of resources that can be used in facilitating the doing of business in the Baltic Rim region.

The Swedish telecommunications market was totally deregulated in 1993, which has meant some of the lowest rates in the world for telecommunications and data communications. Telecommunications links from Stockholm to the Baltic Rim nations are excellent and getting even better.

Sweden is ideal to host a US subsidiary doing business in the Nordic countries and the Baltic – getting organized is relatively easy and there are no restrictions on capital invested in Sweden. As a Swedish company it will qualify under EU-rules for subsidies for investments both in Sweden and the Baltic States.

Sweden has very low corporate taxes – the effective rate is approximately 24 – 26 %. Dividends received from subsidiaries – Swedish or foreign – are mostly exempt from taxation at the Swedish parent level, and Sweden has a vast network of tax treaties which makes it possible to control the long term tax implications of the investment.

Swedish income taxes at the individual level are high, however, as compared to the other EU-member states, not extreme. By proper advance planning it is possible to reduce the tax expense and exposure significantly. Currently the Swedish government is analyzing the possibility of introducing special rules with regard to the taxation of foreign expatriates.

Delphi and the Baltic Trade Office - both with extensive networks of private and public enterprises and institutions in Sweden and throughout the Baltic Rim – have jointly developed the Baltic Rim Concept. Under this concept the investor is offered a "one-stop shopping" approach to entering this new market. Consequently, Delphi and the Baltic Trade Office will provide professional assistance in all relevant areas – from the choice of the most suitable form for carrying out business, the build up a business network in Sweden and the Baltic Rim countries to the best possible living, social and educational arrangements for the expatriate and family.


The materials contained on this site herein have been created by Advokatfirman Delphi for informational purposes only. It is not intended to be and should not be considered legal advice. Neither transmission nor receipt of such materials will create an attorney-client relationship between the sender and receiver. Please make sure that you do not rely on this web site to select us for representation if this site does not comply with rules in your country (or state).

You are advised not to take or refrain from taking any action based upon materials in this web site without consulting legal counsel. We do not take any responsiblity for the accuracy of any of the information contained on this site or in any sites linked to ours.

Links to other web sites are not intended to be referrals or endorsements of the linked entities.

To print this article, all you need is to be registered on Mondaq.com.

Click to Login as an existing user or Register so you can print this article.

Some comments from our readers…
“The articles are extremely timely and highly applicable”
“I often find critical information not available elsewhere”
“As in-house counsel, Mondaq’s service is of great value”

Related Topics
Related Articles
Up-coming Events Search
Font Size:
Mondaq on Twitter
Mondaq Free Registration
Gain access to Mondaq global archive of over 375,000 articles covering 200 countries with a personalised News Alert and automatic login on this device.
Mondaq News Alert (some suggested topics and region)
Select Topics
Registration (please scroll down to set your data preferences)

Mondaq Ltd requires you to register and provide information that personally identifies you, including your content preferences, for three primary purposes (full details of Mondaq’s use of your personal data can be found in our Privacy and Cookies Notice):

  • To allow you to personalize the Mondaq websites you are visiting to show content ("Content") relevant to your interests.
  • To enable features such as password reminder, news alerts, email a colleague, and linking from Mondaq (and its affiliate sites) to your website.
  • To produce demographic feedback for our content providers ("Contributors") who contribute Content for free for your use.

Mondaq hopes that our registered users will support us in maintaining our free to view business model by consenting to our use of your personal data as described below.

Mondaq has a "free to view" business model. Our services are paid for by Contributors in exchange for Mondaq providing them with access to information about who accesses their content. Once personal data is transferred to our Contributors they become a data controller of this personal data. They use it to measure the response that their articles are receiving, as a form of market research. They may also use it to provide Mondaq users with information about their products and services.

Details of each Contributor to which your personal data will be transferred is clearly stated within the Content that you access. For full details of how this Contributor will use your personal data, you should review the Contributor’s own Privacy Notice.

Please indicate your preference below:

Yes, I am happy to support Mondaq in maintaining its free to view business model by agreeing to allow Mondaq to share my personal data with Contributors whose Content I access
No, I do not want Mondaq to share my personal data with Contributors

Also please let us know whether you are happy to receive communications promoting products and services offered by Mondaq:

Yes, I am happy to received promotional communications from Mondaq
No, please do not send me promotional communications from Mondaq
Terms & Conditions

Mondaq.com (the Website) is owned and managed by Mondaq Ltd (Mondaq). Mondaq grants you a non-exclusive, revocable licence to access the Website and associated services, such as the Mondaq News Alerts (Services), subject to and in consideration of your compliance with the following terms and conditions of use (Terms). Your use of the Website and/or Services constitutes your agreement to the Terms. Mondaq may terminate your use of the Website and Services if you are in breach of these Terms or if Mondaq decides to terminate the licence granted hereunder for any reason whatsoever.

Use of www.mondaq.com

To Use Mondaq.com you must be: eighteen (18) years old or over; legally capable of entering into binding contracts; and not in any way prohibited by the applicable law to enter into these Terms in the jurisdiction which you are currently located.

You may use the Website as an unregistered user, however, you are required to register as a user if you wish to read the full text of the Content or to receive the Services.

You may not modify, publish, transmit, transfer or sell, reproduce, create derivative works from, distribute, perform, link, display, or in any way exploit any of the Content, in whole or in part, except as expressly permitted in these Terms or with the prior written consent of Mondaq. You may not use electronic or other means to extract details or information from the Content. Nor shall you extract information about users or Contributors in order to offer them any services or products.

In your use of the Website and/or Services you shall: comply with all applicable laws, regulations, directives and legislations which apply to your Use of the Website and/or Services in whatever country you are physically located including without limitation any and all consumer law, export control laws and regulations; provide to us true, correct and accurate information and promptly inform us in the event that any information that you have provided to us changes or becomes inaccurate; notify Mondaq immediately of any circumstances where you have reason to believe that any Intellectual Property Rights or any other rights of any third party may have been infringed; co-operate with reasonable security or other checks or requests for information made by Mondaq from time to time; and at all times be fully liable for the breach of any of these Terms by a third party using your login details to access the Website and/or Services

however, you shall not: do anything likely to impair, interfere with or damage or cause harm or distress to any persons, or the network; do anything that will infringe any Intellectual Property Rights or other rights of Mondaq or any third party; or use the Website, Services and/or Content otherwise than in accordance with these Terms; use any trade marks or service marks of Mondaq or the Contributors, or do anything which may be seen to take unfair advantage of the reputation and goodwill of Mondaq or the Contributors, or the Website, Services and/or Content.

Mondaq reserves the right, in its sole discretion, to take any action that it deems necessary and appropriate in the event it considers that there is a breach or threatened breach of the Terms.

Mondaq’s Rights and Obligations

Unless otherwise expressly set out to the contrary, nothing in these Terms shall serve to transfer from Mondaq to you, any Intellectual Property Rights owned by and/or licensed to Mondaq and all rights, title and interest in and to such Intellectual Property Rights will remain exclusively with Mondaq and/or its licensors.

Mondaq shall use its reasonable endeavours to make the Website and Services available to you at all times, but we cannot guarantee an uninterrupted and fault free service.

Mondaq reserves the right to make changes to the services and/or the Website or part thereof, from time to time, and we may add, remove, modify and/or vary any elements of features and functionalities of the Website or the services.

Mondaq also reserves the right from time to time to monitor your Use of the Website and/or services.


The Content is general information only. It is not intended to constitute legal advice or seek to be the complete and comprehensive statement of the law, nor is it intended to address your specific requirements or provide advice on which reliance should be placed. Mondaq and/or its Contributors and other suppliers make no representations about the suitability of the information contained in the Content for any purpose. All Content provided "as is" without warranty of any kind. Mondaq and/or its Contributors and other suppliers hereby exclude and disclaim all representations, warranties or guarantees with regard to the Content, including all implied warranties and conditions of merchantability, fitness for a particular purpose, title and non-infringement. To the maximum extent permitted by law, Mondaq expressly excludes all representations, warranties, obligations, and liabilities arising out of or in connection with all Content. In no event shall Mondaq and/or its respective suppliers be liable for any special, indirect or consequential damages or any damages whatsoever resulting from loss of use, data or profits, whether in an action of contract, negligence or other tortious action, arising out of or in connection with the use of the Content or performance of Mondaq’s Services.


Mondaq may alter or amend these Terms by amending them on the Website. By continuing to Use the Services and/or the Website after such amendment, you will be deemed to have accepted any amendment to these Terms.

These Terms shall be governed by and construed in accordance with the laws of England and Wales and you irrevocably submit to the exclusive jurisdiction of the courts of England and Wales to settle any dispute which may arise out of or in connection with these Terms. If you live outside the United Kingdom, English law shall apply only to the extent that English law shall not deprive you of any legal protection accorded in accordance with the law of the place where you are habitually resident ("Local Law"). In the event English law deprives you of any legal protection which is accorded to you under Local Law, then these terms shall be governed by Local Law and any dispute or claim arising out of or in connection with these Terms shall be subject to the non-exclusive jurisdiction of the courts where you are habitually resident.

You may print and keep a copy of these Terms, which form the entire agreement between you and Mondaq and supersede any other communications or advertising in respect of the Service and/or the Website.

No delay in exercising or non-exercise by you and/or Mondaq of any of its rights under or in connection with these Terms shall operate as a waiver or release of each of your or Mondaq’s right. Rather, any such waiver or release must be specifically granted in writing signed by the party granting it.

If any part of these Terms is held unenforceable, that part shall be enforced to the maximum extent permissible so as to give effect to the intent of the parties, and the Terms shall continue in full force and effect.

Mondaq shall not incur any liability to you on account of any loss or damage resulting from any delay or failure to perform all or any part of these Terms if such delay or failure is caused, in whole or in part, by events, occurrences, or causes beyond the control of Mondaq. Such events, occurrences or causes will include, without limitation, acts of God, strikes, lockouts, server and network failure, riots, acts of war, earthquakes, fire and explosions.

By clicking Register you state you have read and agree to our Terms and Conditions