I asked my auditor a few years ago since I also was interested in starting an AB instead of a small business company. He recommended me to get back to him when I have a revenue about 100 000 us dollar/year. Until then there ain’t not a really big reason to switch, but that was just what he told me.
He said it would cost me a lot more for the paper work for the tax administration.
It was also something with the sickness benefit, I think you should check. How that will work?
One advantage of AB is if you get sued then you will not be personal responsible.
Yes I agree the paperwork and all that would get expensive, especially since I would prefer to hand everything over to the accountant firm so that I can focus on the actual business.
I am thinking more about if I want to grow the business, it might make sense to make it AB right now, even if I don’t make that much revenue yet.
Of course I will have a discussion with my accountant, but it’s nice to hear from you all as well. Especially in your case being Swedish so you already know our tax system etc.