This thoroughly modern market economy features a high-tech agricultural sector, state-of-the-art industry with world-leading firms in pharmaceuticals, maritime shipping and renewable energy, and a high dependence on foreign trade. Denmark is a member of the European Union (EU); Danish legislation and regulations conform to EU standards on almost all issues. Within the EU, Denmark is among the strongest supporters of trade liberalisation.
Quick, informal and cost-efficient establishment procedures
Danes enjoy among the highest standards of living in the world and the Danish economy is characterised by extensive government welfare measures and an equitable distribution of income
Denmark is a net exporter of food and energy and enjoys a comfortable balance of payments surplus but depends on imports of raw materials for the manufacturing sector
No notaries’ deeds
Flexible language requirements
Dividends can be distributed on an interim basis
It is tax efficient to establish your business in Denmark compared to other Nordic countries.
REQUIREMENT TO OPEN A COMPANY
Minimum 1 Director and 1 Shareholder (any nationality).
Minimum Capital Requirement DKK 50,000.
Registered Local office address is required.
List of proposed names.
For Individual Shareholders: Copy of passport and identification documents.
For Corporate Shareholders: Copy of Certificate of Incorporation, AoA, MoA and PAN card or similar document, Shareholding pattern and address proof.
For Proposed Directors: Copy of passport and identification documents.
Certificate of deposit of capital.
Name search and name reservation.
Preparing relevant resolutions, incorporation documents, AoA, MoA and company setup.
Obtaining Tax registration.
Assistance in opening a bank account.
Providing a registered office address.
Book keeping and Preparation of Financial Statements.
Filing tax and annual returns.
It usually takes 2 weeks to set up a business in Denmark.