News
Cash Register Rules Extended to Foreign Vendors May 1, 2017
From the 1st of May 2017 non-permanently established market vendors and similar professionals will no longer be exempted from the Swedish cash register rules.
By Swedish law most types of retail businesses, through which goods and/or services are sold for immediate payment using cash or any type of payment card, are obligated to use a government approved cash register which ensures that their sales results cannot be distorted for the purpose of tax evasion. Vendors who sell goods for less than SEK 179,200 per year (eff. 2017) in total through all their sales venues are exempted from these rules. A company which exceeds this limit is obligated to use approved cash registers at all of their sales venues, even temporary ones such as market stalls and trade exhibitions. So far, foreign companies without a permanent establishment in Sweden have been allowed to operate temporary sales venues in Sweden without using approved cash-registers. On the 5th of April 2017 the Swedish tax authority announced their intention to apply the cash-register rules on non-permanently established entities in the same manner as for Swedish companies, starting on the 1st of May.
There are many approved cash register solutions available on the Swedish market, some of which only require a mobile phone or tablet computer with internet access. Larger trade shows also often offer a joint cash register solution for the participating vendors. If you sell goods or services directly to private individuals it is also a good idea to have a representation office registered in Sweden, since such a registration is necessary for processing Swedish VAT. We at Aurenav Sweden AB can help you register for Swedish VAT and can help handle your bookkeeping. Contact us for more information.
By Swedish law most types of retail businesses, through which goods and/or services are sold for immediate payment using cash or any type of payment card, are obligated to use a government approved cash register which ensures that their sales results cannot be distorted for the purpose of tax evasion. Vendors who sell goods for less than SEK 179,200 per year (eff. 2017) in total through all their sales venues are exempted from these rules. A company which exceeds this limit is obligated to use approved cash registers at all of their sales venues, even temporary ones such as market stalls and trade exhibitions. So far, foreign companies without a permanent establishment in Sweden have been allowed to operate temporary sales venues in Sweden without using approved cash-registers. On the 5th of April 2017 the Swedish tax authority announced their intention to apply the cash-register rules on non-permanently established entities in the same manner as for Swedish companies, starting on the 1st of May.
There are many approved cash register solutions available on the Swedish market, some of which only require a mobile phone or tablet computer with internet access. Larger trade shows also often offer a joint cash register solution for the participating vendors. If you sell goods or services directly to private individuals it is also a good idea to have a representation office registered in Sweden, since such a registration is necessary for processing Swedish VAT. We at Aurenav Sweden AB can help you register for Swedish VAT and can help handle your bookkeeping. Contact us for more information.