All aktiebolag are divided into two categories: private limited companies and public limited companies. The name of a private limited company may not contain the word publikt ("public") and the name of a public limited company may not contain the word privat or pvt. ("private").[1]
Public
A public limited company (publikt aktiebolag) is legally denoted as "AB (publ.)" in Sweden or "Abp" in Finland. A Swedish public limited company must have a minimum share capital of 500,000 Swedish kronor and its shares can be offered to the public on the stock market.[1] The suffix "(publ.)" is sometimes omitted in texts of an informal nature, but according to the Swedish Companies Registration Office, "the name of a public limited company must be mentioned with the term (publ.) after the business name in the articles of association and elsewhere", unless it is clearly understood from the company’s business name that the company is a public limited company.[1]
Private
For a private limited company in Sweden (privat aktiebolag), the minimum share capital is 25,000 Swedish kronor.
The main Swedish statutes regulating limited companies are The Companies Act (Aktiebolagslagen (ABL) 2005:551) and The Limited Companies Ordinance (Aktiebolagsförordningen 2005:559). The law provisions in ABL stipulate that parent companies and subsidiaries are separate legal persons and legal entities.[2]
The term aktiebolag is also used in Finland Swedish, alongside the Finnishosakeyhtiö; the choice and ordering of terms tends to indicate the company's primary working language.