Aktiebolag

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The Aktiebolag ( AB ), the Swedish form of joint-stock company and the only legal form of a limited company in Sweden.

A minimum capital of 50,000 Swedish kroner (around 4,800 euros ) is required to set up a private Aktiebolag and 500,000 Swedish kroner (around 48,000 euros) to found a public limited company . The organs of the Swedish stock corporation are the general assembly (Bolagsstämma) and the board of directors (Styrelse).

The Aktiebolag is also used by small and medium-sized companies , as Swedish law does not recognize a limited liability company for domestic purposes .

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Wiktionary: aktiebolag  - explanations of meanings, word origins, synonyms, translations