Outsourced Accounting & Payroll Services
Outsourced accounting in Sweden must adhere strictly to the Swedish Accounting Act (Bokföringslagen) and local standards like BFNAR (K2/K3). Employers are required to submit monthly Employer Declarations at the individual level (AGI) to Skatteverket, detailing salaries, withheld income taxes, and standard statutory social security contributions, which stand at 31.42%. ITTIFAQ delivers cloud-based bookkeeping, automated payroll management, and annual report packaging (Årsredovisning), translating complex local requirements into clear, executive English reporting.
Scalable Cloud Bookkeeping & Annual Financial Reporting
Maintaining an internal accounting department in Sweden is costly and logistically challenging for foreign entities. Our fully outsourced back-office financial solutions keep your business asset-light while ensuring absolute compliance with Bokföringslagen (The Swedish Accounting Act).
Monthly Bookkeeping and Real-Time Financial Visibility
We migrate your financial transactions into modern, secure cloud-accounting ecosystems tailored for the Swedish market. Every invoice, expense claim, and bank reconciliation is logged under correct local chart of accounts codes. We deliver transparent, real-time financial reporting packages in English, keeping your global management team connected to your local performance metrics.
Annual Reports (Årsredovisning) & Closing Accounts
At the close of your fiscal year, we manage the entire financial closing process. We prepare the formal annual report (Årsredovisning), structure all necessary disclosure notes, and file the completed packages digitally with Bolagsverket. We ensure your year-end reporting meets all local structural deadlines to prevent automated late fees.
Compliant Payroll Management Under Swedish Labor Standards
The Swedish payroll landscape is highly specific, shaped by a blend of strict tax laws and powerful collective bargaining agreements (Kollektivavtal). Managing payouts without local knowledge creates significant compliance exposures.
Monthly Payroll and Employer Declarations (AGI)
We manage your end-to-end local payroll cycle. We calculate accurate gross-to-net allocations, issue compliant payslips, track holiday pay liabilities (Semesterlöneskulder), and manage sick leave computations. Every month, we generate and file your mandatory Arbetsgivardeklaration på individnivå (AGI) with Skatteverket, ensuring your statutory social contributions are paid correctly.
Standard Social Security Rate: 31.42% paid by the employer on top of gross wages.
Withholding Tax: Calculating and routing individual municipal and national salary taxes safely.
[Gross Salary] + [31.42% Employer Social Fees] + [Accrued Holiday Pay] = Total Employee Cost
Expatriate Payroll and Shadow Payroll Structures
If your business relocates key international staff or executives to Sweden, we manage specialized expatriate payroll processes. We handle cross-border shadow payrolls, structure tax-efficient allowances, and apply for the specialized Swedish expert tax relief (Expertskatt) for eligible international professionals to lower your overall payroll costs.
Transition to Worry-Free Local Financial Operations
Outsourcing your financial operations to ITTIFAQ does more than just satisfy your compliance obligations—it gives you back valuable time. We act as your on-the-ground finance desk in Sweden. We process your day-to-day books, manage your payroll deadlines, and protect your regulatory status, leaving your leadership team free to focus entirely on scaling your business across the Nordic marketplace.