Denmark

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.

There are two main kinds of business entity in Denmark:

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

The minimum share capital for an A/S is €67,000. The minimum share capital for an ApS is €17,000. 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 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 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.