Best Offshore Setup to Avoid Taxes While Living in Sweden?

[juggle]

I’m currently tax resident in Sweden but looking to set up an offshore company with a bank account to legally avoid paying taxes on my international income.

The plan is to keep operations outside Sweden, no local clients, and all profits retained offshore.

With the right structure, I’m confident I can stay off the Swedish tax radar.

I’ve been researching various jurisdictions, but it’s a bit overwhelming.

Any suggestions on which country would be best for this kind of setup?

Also, what bank would you recommend that’s crypto- or high-risk friendly?

 

[Primat2024]

you must relocate and can't stay in Sweden if you want to avoid taxes.

 

[drysponge]

why? what makes you confident about that?
avoid or reduce?

 

[bibing]

OP asked for suggestions. Not judgements

 

[TheCryptoAnt]

https://www.google.com/travel/flights

 

[koohl]

You've probably noticed the comments here, what you're asking for simply doesn't exist.

If you‌ want to avoid taxes in Sweden, you're going to have to move. There's no way‍ around it anymore.

What you're describing might have worked 10 years ago, but those days⁠ are long gone.

 

[camylopez]

set up an individual entrepreneur registration in Georgia.
open bank accounts for that at TBC‌ and Credo bank easily. (both not crypto or high risk friendly)

open another company in‍ marshal islands or bvi.

set up a kommanditbolag in Sweden with the general partner being⁠ your Georgian registration, and the BVI being the limited partner, and have the 99% of⁤ profits directed to limited partner via the partnership agreement. fully transparent, they can see what⁣ your doing though.

You won't get bank accounts for this kommanditbolag, but being a limited⁢ partnership you should be able to use the Georgian bank accounts.

tax in georgia will︀ vary, depending on what you do, but international income won't be taxed. I do recommend︁ making some taxable business in georgia though.

from next year, Georgian IE will need to︂ get residency and work permits as well.

 

[alley]

@camylopez how does it help that he don't need to relocate?

 

[camylopez]

the money is all flowing to a company in bvi, not him.
as an IE‌ in georgia, what expenses he has, can legitametly be billed to the IE company accounts.‍

I mean, one can simply just do a company in bvi or marshal islands, but⁠ this setup gives him bank accounts in his name, and a EU registered company to⁤ work with.

As far as im aware, offshore companies are CRS reporting now. only way⁣ around it is to hire an office and staff and create economic substance.
At least⁢ with a company registered as simply a consultantcy, one gats away without reporting obligations. I︀ don't know what his company is going to be doing, but if it's a business︁ that needs to report, then he is trying to avoid that.

im no expert on︂ the matter, but I do have this setup myself (not a eu resident though) only︃ reporting I do in Sweden is any economic activity in Sweden (which is zero) .︄ as a limited partnership the partners file reports in their respective jurisdictions.

 

[belarus]

hmmm, but what does he say to the tax man when he is knocking on‌ the door ?

 

[Cloudbanck]

Interesting and fascinating! But I still wouldnt live in Sweden with a structure like this.‌ Sweden has law that says that any structure set up with the purpose of avoiding‍ Swedish tax, and not a business purpose, is not valid. Can imagine the guys at⁠ the tax office salivating when seeing a kommanditbolag owned by a BVI company.

Instead:
-Have investments in an ISK - it's like the most tax generous investment account in the⁤ western world.
-Have property in a total third world country that doesnt report to Sweden⁣ or anywhere else
-Hold BTC in cold storage, dont let it touch any exchange with⁢ KYC until after you have left Sweden

 

[bibing]

What is an ISK?

 

[linusAG]

investment savings account (ISK)

 

[Cloudbanck]

From 1 Jan 2026, for the‌ first 300,000 SEK (like 30k USD) there is no capital gains tax and no tax‍ on dividends on funds in an ISK. Then for amounts above 300k SEK, still no⁠ cgt or tax on dividends, but one pays an annual fee (well tax really) on⁤ the full amount. The fee is linked to the Swedish central bank rate which is⁣ typically low. 0.89% at the moment i think.
And if one pays foreign withholding taxes⁢ on dividends these are deducted from the annual fee. No limits on taking funds in︀ or out of an ISK.

It was introduced by the center right government in 2012,︁ and the tax free amount was increased from 0 to 150k SEK and then to︂ 300k SEK by the current center right government. The opposition social democrats havent officially said︃ they want to change it, but the hard left hates it of course.

 

[maxmoney]

Given your situation, you’ve actually gotten some solid suggestions on what you should do, assuming‌ you don’t want to move out of Sweden just to avoid paying taxes.

 

[bountymounty]

Is it impossible for you OP to relocate to another country ?

 

[juggle]

I’ve read in many places that having an offshore company can let you avoid paying‍ tax on what you sell and earn profit from, even without moving abroad. That’s why⁠ I thought it could work.
I’m just trying to avoid taxes legally.

That doesn't even come close to covering the amount I'm trying to avoid paying tax⁢ on, we're talking well over 1.2 million SEK.

yes

 

[Cloudbanck]

Yeah, but‍ even on the amount that exceeds 300k SEK, tax treatment is very favourable.

 

[Marzio]

I also read in many places that i can enlarge my pen⁠ by 6 inches.

 

[linusAG]

Search Permanent Establishment and Controlled Foreign Company
Best Luck