To the outside world IKEA seems the ultimate example of simplicity – as straightforward as the Billy bookcase. But behind the scenes lies a complex ownership and tax structure. Paradoxical, given how strongly IKEA values simple design. Insiders understand very well what is happening here.

International structuring
Income and assets are structured internationally. There is a Dutch foundation with an underlying Dutch company that operates IKEA stores worldwide. In addition, there is a Liechtenstein foundation with an underlying Dutch company that owns the trademark rights and receives franchise fees, as well as a Swiss company engaged in financial activities, private equity and real estate. This makes IKEA a Dutch company whose financial flows run through Switzerland.

Protecting the legacy
According to founder Ingvar Kamprad this corporate and legal structure is necessary to protect the IKEA legacy. It is a structure that we also advise on and facilitate.

Date: August 3, 2025
Source: Het Financieele Dagblad