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Secure future outcome– FDI, Tax Changes, and Financial Models in Focus as Livingstone Visited Setterwalls

Livingstone Stockholm recently visited Setterwalls Law Firm, one of Sweden’s most established business law firms with deep expertise in transactions and corporate law. The evening had a clear purpose: share knowledge to create the best possible conditions for our clients.

Setterwalls began with an overview of two current regulations that will impact business transactions going forward:

  • The FDI Act – requires that investments in sensitive operations be reported and approved before execution, which affects timelines and structure in M&A processes. Timing of the application is therefore crucial and can significantly influence how the process is planned and carried out.
  • The new 3:12 rule – simplifies taxation for privately held companies starting in 2026, with an increased basic amount and removal of salary requirements, creating new opportunities for ownership planning.


“The regulations we discussed, such as the FDI Act and the new, so called, 3:12 rule, not only affect the structure of a deal – they also impact timing and process planning to achieve the desired outcome. Having the opportunity to analyze these together with our industry colleagues is essential to stay ahead and create solutions that work in practice,” says Isac Stenborg, Partner at Livingstone Stockholm.

Livingstone then presented how we work to create value in complex transactions. Among other things, we explained the impact of Enterprise Value and Equity Value bridge – a balanced dynamic designed to secure value for both buyers and sellers. We also reviewed settlement models such as Locked Box and Completion Accounts, to give insight into how we handle pricing adjustments and processes. Through our in-depth analysis and structured methodology, we ensure that every solution is tailored to the client’s long-term goals and business strategy.

The evening concluded with networking, where conversations and the sharing of experiences offered valuable insights into navigating an increasingly complex business environment. Understanding each other’s approaches is beneficial for creating efficient and successful deals. By coming together, we build a shared knowledge base that enables us to plan and execute transactions with precision and confidence.

We look forward to continuing to create forums for meetings – opportunities that strengthen understanding and provide our clients with the best possible conditions for successful deals, from initial analysis through to completed transactions.