Company Formation Denmark

OPEN A COMPANY IN DENMARK TODAY!

Introduction to Denmark incorporation

Denmark’s liberal approach to life in general is mirrored in its attitude to companies coming in from abroad. The business climate is benign, notwithstanding high labour costs. Opening a company in Denmark is straightforward, thanks to a streamlined regulatory regime and more than 2,500 foreign companies already operate in the capital, Copenhagen. Denmark has double-taxation treaties with more than 80 countries. If you are considering company formation Denmark please contact us, for more information on how we can help you to open a company in Denmark,.

What is the most common type of company formation Denmark?

There are two main kinds of Denmark incorporation:

	public limited company - Aktieselskab (A/S)
	private limited company – Anpartsselskab (ApS)

How much share capital is required to establish an A/S?

The minimum share capital for an A/S is €67,000.

What other requirements are there for an A/S?

	three directors required who must be citizens in the EU
	company must also employ at least one manager who must be an EU citizen
	audited annual accounts required
	a local serviced office is advisable, click here for details

How much share capital is required to establish an ApS?

The minimum share capital for an ApS is €10,000.

What other requirements are there for an A/S?

	audited annual accounts required, using a registered auditor
	neither directors nor managers need be domiciled in Denmark
	a local serviced office is advisable, click here for details

What other types of Denmark incorporation are there?

	European public limited company (SE) – minimum share capital €120,000 – subject to national company law but possible to change the nationality of the company without liquidation and re-formation
	European Economic Interest Grouping (EEIG) – a cross-border partnership comprising partners from European countries – no capital required, no requirements for separate financial accounts, partners taxed individually
	Joint venture, often established in the corporate form of an A/S or ApS
	Sole trader, no capital requirements - must submit financial reports to the tax authorities – these reports need not be audited

Denmark Incorporation

How easy is it to recruit staff?

The Danish labour force is highly skilled and well educated. Unemployment is currently running at around 6%. Salary levels are high by EU standards but are in line with those elsewhere in the Nordic region. Recruitment can be achieved in consultation with the government employment offices or through the services of the various commercial employment agencies that exist. If you are considering Denmark Incorporation, we can help you with recruitment, please click here.

What is the regulatory environment like for those considering company registration Denmark?

Denmark has a liberal business climate and this is reflected in the regulatory environment. In general there are no restrictions on investments and capital and earnings can be freely repatriated. Price and exchange controls concern inter company charges and affairs in the transfer-pricing system. The corporate rate of tax is 28%, much lower than personal taxation – although expatriates may qualify for a much-reduced personal tax rate of 25%. For more information about effective tax planning for those seeking company registration Denmark, please get in touch.

Company Registration Denmark

Are there financial incentives available for those wishing to open a company in Denmark – and what about banking facilities?

Full banking services are available which offer a complete range of commercial banking facilities, including those related to acquisitions and the raising of capital. Foreign investors considering company formation Denmark are treated on an equal footing with domestic investors as far as financing is concerned. Read more about how we can help you to open a bank account in Denmark.

There are limited financial incentives for businesses setting up in regions of Denmark that are designated by the EU as special development zones. In certain circumstances, incentives are also available to small and medium sized enterprises for research and development, export and skills development and clean environmental technology.

How can I get more information on company formation Denmark?

Please contact us and we will be pleased to discuss your company registration Denmark issues in greater detail and how we can help you to open a company in Denmark.