aktiebolag
Aktiebolag (AB) is the Swedish term for a limited liability company, a corporate form that is a separate legal entity from its owners. The liability of the shareholders is limited to the amount they have paid for their shares, so personal assets are not at risk for the company’s debts.
There are two main types: private aktiebolag (private AB) and publikt aktiebolag (public AB). A private AB
Governance and management: An aktiebolag is managed by a board of directors (styrelse) and, in many cases,
Formation and registration: To form an AB, founders prepare articles of association (bolagsordning), appoint directors, and
Reporting and compliance: ABs must keep accounting records and prepare annual reports. Most ABs must hold an