Almost there

As mentioned earlier, the intention was to start up Hugin and Munin at the beginning of the year. However we were slightly delayed by the fact that it apparently isn't possible to start a company in Sweden without being physically in Sweden. I could of course have done it using a power of attorney, but that felt too complicated and a bit unnecessary given the fact that we had already planned a trip to Sweden during the school holidays for mid February, so we put everything on hold until then.

February came, and we went to Sweden. No snow unfortunately, to the disappointment of the kids, but otherwise a success. I managed to squeeze in a bank visit to clear the last hurdle during our visit, in-between museum visits and other kids activities, and was finally able to submit everything to Bolagsverket the day after coming back. So now I am just waiting for the administrative process at Bolagsverket to complete, which may take two to four weeks. Hopefully there is no objection with regards to the name. The bank mentioned that Bolagsverket have become more and more restrictive of late, objecting against too generic names or names too similar to existing companies etc. We will just have to wait and see.

Overall I am actually looking forward to the administrative part of running a company, as I think that will be very educational. As I work with both accounting and taxes on a daily basis, it will be interesting to see it from the other side for once, even if it will be from a Swedish perspective. A lot of things a very similar though, due to the harmonization within the EU. I hope to get back to this topic, as I imagine there might be a lot of other people out there who have dreams about starting companies, who would find it very useful.