Introduction to setting up a Denmark branch
Foreign investment is welcomed in Denmark, although there are particular codes of conduct concerning the establishment of a Danish branch; foreign branches may only be established in Denmark if their domicile country provides equivalent business opportunities for Danish companies, for example, countries in the EU or EEA. This reciprocation links to Denmark’s number of advantageous double taxation treaties.
What are the formalities regarding Denmark branches?
- A registered address in Denmark
- A copy of the parent company’s Certificate of Incorporation
- A copy of Memorandum & Articles of Association of the parent company
- A copy of the parent company’s Certificate of Good Standing
- The statutes of the parent company
- A registered Branch Manager with unlimited Power of Attorney from the parent company
No share capital is required to establish a Danish branch. The above documents are required by the Danish Commerce and Companies Agency for registration of the branch.
All required documentation must be officially notarised and translated into Danish by a certified translator.
What are the accounting requirements for a Denmark Branch?
The branch must register with the Danish Tax Authorities for VAT and registration purposes. VAT and tax returns may be required to be filed monthly.
Audited financial statements are not required to be presented by the branch company, but an annual report must be recorded with the Commerce and Companies Agency.
For further information on accountancy and tax rates in Denmark please contact us.
What office facilities are available when registering a branch?
There are two main types of office available in Denmark:
Virtual offices provide off-site communication, including telephone, fax and mail forwarding facilities, while allowing you to maintain business professionalism
Serviced offices include all necessary business services and are ready for immediate occupation by the branch
Please contact us for a quote regarding your office rental.
Branch formation packages
Our unique one stop solution for all European formation requirements includes branch formation packages. These involve services such as VAT registration and setting up a bank account, meaning that we handle the entire formation process for you.
The benefits of registering a branch also extend to multiple branches. These benefits include obtaining new business from the local area and establishing a global presence. We can use our experience and expertise to guide you through this entire process while you simply reap the rewards.
For further information please send an enquiry or contact us using the form below.