Mikroforetak

Mikroforetak is a Swedish term referring to a very small business. The classification is typically based on size criteria, often related to employee count and turnover. In Sweden, a common definition for a micro-enterprise (mikroforetag) is a business employing fewer than 10 people and having an annual turnover or balance sheet total not exceeding 2 million euros. These criteria are often used for statistical purposes, regulatory exemptions, and access to specific support programs. Mikroforetak represent a significant portion of the Swedish business landscape, contributing to economic activity and employment, particularly at a local level. They can encompass a wide range of sectors, from sole proprietorships offering specialized services to small family-run shops. The regulatory environment in Sweden often aims to simplify conditions for these smallest entities to encourage entrepreneurship and reduce administrative burdens. Support initiatives may be available from organizations like Verksamt.se, which provides guidance and resources for starting and running businesses, including those classified as mikroforetak.