Sweden is an Eden-like country for tech startups and that’s no news. If you want to start an innovative business, the land of Nobel Prize, Volvo, and Ikea offers top-notch infrastructures, simple regulations, and a smart tax legislation. The corporate tax rate is as low as 22 percent yet income taxes are relatively high which makes Sweden doubly appealing for new business ventures. On the one hand, the government doesn’t cannibalize your company’s profits while, on the other, it has the financial resources to guarantee extensive welfare packages that constitute a much-needed safety-net for groundbreaking yet risky business ideas. In…
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