Background & Purpose

When shipowners use their vessels as collateral for loans, they currently have to pay a stamp duty to the state. This tax can be a heavy financial burden for the Swedish shipping industry.

Proposals & Debate

The government proposed removing the stamp duty on ship mortgages entirely. The goal is to make the Swedish shipping sector more competitive, keep ships registered in Sweden, and boost employment and skills in the industry.

The Decision

The Swedish parliament approved the government's proposal to abolish the stamp duty on ship mortgages.

Does this affect you?

  • Shipowners: Save money on taxes when taking out loans backed by their vessels.
  • Maritime employees: Benefit from a stronger shipping industry with better job security and skills development.

In Practice

  • Shipowners will no longer pay stamp duty when they mortgage a ship in the Swedish register.
  • Borrowing money using a ship as collateral becomes cheaper.
  • The financial pressure on shipping companies operating under the Swedish flag decreases.