The cost of doing business in the Stockholm region and Sweden is generally comparable to most OECD (Organisation for Economic Co-operation and Development) countries. There are some specific advantages to doing business in the Stockholm region. The following sections highlight the key benefits for companies establishing operations here.
Salaries
Salaries for highly trained and qualified personnel are low by international comparison and wage differentials are relatively narrow.
Competitive business costs
Rental costs for industrial and office space are comparatively low – as are prices for utility services such as telecommunications and electricity.
Commercial leases and rents
Swedish commercial leases tend to be standardized. The leases are for relatively short periods, which provides flexibility to business tenants.
There is a high standard of premises, and fee structures are generally cost-effective.
The regulatory system is business friendly and transparent.
Commercial leases are typically for three to five years. Rents are linked to changes in the consumer price index to keep pace with inflation.
Key money is rarely charged in the office segment but is common in the retail segment, particularly in attractive locations.
A security deposit or bank guarantee equivalent to between three and six months rent is normal.
Source: Business Sweden