Umbrella Employment Solutions
The Umbrella Employment Solution offered by Aurenav Sweden is designed for an organization that desires to neither establish itself in Sweden nor register as an employer in Sweden. Aurenav’s umbrella services provide a framework for employing representatives without the risk that the organization would be required to maintain books and file tax returns on income and operations taking place in Sweden.
Our Umbrella Employment Solution includes the following:
One Time Set-Up Fee
Account Set-Up |
- Enrollment of employee in the Aurenav Payroll software.
- Register the employee if he or she is not a Swedish citizen or not yet a resident in Sweden.
- Draft the Swedish Employment Contract.
- Legal set-up of the Umbrella Relationship.
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Monthly Fee Services
Payroll Processing |
Salary and Benefits Payments |
Processing commission, salary, expense, bonus, and any combination of compensation. Processing statutory payroll benefits including sick pay, vacation, and parental leave, qualified pension and other benefit compensation plans. |
Electronic Payroll Payments |
Consolidation of payroll needs into a single electronic wire transfer from a regular bank to Aurenav escrow account. Payments to the employee and to the tax authority are made through the Aurenav electronic payment service. |
Monthly Swedish Tax Declaration |
Filing the Monthly Swedish Tax Declaration fully or partially (Aurenav only fills out the payroll portion of the tax form). |
Salary and Benefit Reporting |
Reporting of the gross payroll for the month, the social taxes owed on the payroll, and the amount of income withheld for tax purposes. |
Monthly Invoicing and Consolidation |
Monthly invoicing the relevant organization for the services performed by the employee. |
Monthly Individual Payroll Statements |
Processing of an individual payroll statement for each employee. |
Human Resources Services |
Wealth Retention Strategy |
Assistance in determining the best possible remuneration package in accordance to Swedish law. |
Regulatory Compliance |
Assistance in navigating this complex Swedish legal framework. |
Benefits Administration |
Assistance with the tax treatment of benefits, calculation of the taxes for each category of benefit. |
Pension Administration |
Assistance in setting-up a service pension plan and processing pension premium payments. |
Human Resources Support |
Labor Law Consulting |
Basic consulting within Swedish Labor Laws. |
Payroll Taxes Consulting |
Basic consulting within Swedish payroll taxes. |
Operational Support |
Representation Agent |
Representation agent service, permanent address and mail forwarding service. |
Address of Record |
If the employee does not yet have an address in Sweden or simply for convenience purposes, our office address can be used as an address of record at which all correspondence with the Swedish Authorities can be received. |
Mail Processing / Mail Screening |
Virtual Office service and process of all Swedish business mail. Screening of the employee’s mail and notification on the content of the mail. |
Mail Forwarding |
Forwarding of the mail received to Aurenav office. Mail can be sent as a scanned PDF and/or physically forwarded without opening it. |
Consultant Support Services |
Emergency assistance |
Help with getting medical care. Help in obtaining translator services. |
Rapid Employee Processing Services |
EU and Nordic Country Citizens can be processed after arrival in Sweden. US, Australian, and Canadian Citizens can be processed after arrival in Sweden. |
Expatriates Services |
Application for SINK Tax |
Employees who are residents outside Sweden and who will reside in Sweden for less than six months in order to perform an assignment that gives rise to a taxable income can choose to pay the SINK tax instead of the usual employment taxes. The SINK tax allows the employer to deduct 25% as withholding tax of the taxable income of the employee, instead of the average 30%. The employee avoids having to submit a tax return in Sweden. Aurenav can assist in the application for SINK tax with the Tax Authority. |
Yearly Fee Services
Yearly Services |
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Annual Swedish Tax Reports |
Preparation and sending of the annual report (currently a KU-10 form) to the Swedish Tax Authority in electronic form, sending of an annual statement to each employee. |
Add-On Hourly Fee Services
Add-On Services |
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Payroll Simulation |
Based on the answers to our questions, Aurenav can run a payroll simulation including an estimation of both employee and employer taxes, the take-home salary, the final cost for the employer and the annual income tax. |