Company registration in Denmark

Registration fee is from 7000 €

Registration period — 3 weeks

Minimum authorized capital - 40 000 DKK

Remote opening — yes

Financial statements — yes

The Kingdom of Denmark is an independent country in Northern Europe, part of the commonwealth of the Kingdom of Denmark together with the Faroe Islands and Greenland. The country's territory also includes the large peninsula of Jutland and the 409 islands of the Danish archipelago.

Since 1973, Denmark has been a permanent member of the European Union, but is not part of the Eurozone. Also, Denmark is a founding member of NATO and the Organization for Economic Cooperation and Development. The capital is the city of Copenhagen.

For Ukrainians interested in doing business in Denmark, Maira Consult recommends using a company registered in Denmark for activities in the field of logistics and transportation, shipping, for the development of innovative and IT technologies, biotechnology and in the pharmaceutical industry. There is a special regime for holding companies in Denmark.

Denmark has concluded treaties on avoidance of double taxation with more than 80 countries, in particular, with Ukraine.

Our specialists know how to start a business in Denmark and will help you with all the nuances, providing highly qualified advice. We will provide full support in the process of registering a company in Denmark, making business in Denmark affordable and easy for Ukrainians.

Denmark advantages

1

Possibility to open an account in Danish banks

2

High reputation and stable banking system

3

The best way to access the Scandinavian market

4

EU guarantee of bank deposits up to 100 000 EUR

General Information

Registration Features

Danish legislation allows two types of companies: a limited liability company - Anpartsselskab (ApS) and a joint-stock company- Aktieselskab (AG). Some activities require licensing or special permits.

Company Name

The company name must end with a word, phrase or abbreviation that indicates the form of the company, such as “ApS” or “AG”, which is a mandatory requirement when starting a business in Denmark.

Authorized Capital

To register an ApS company, a minimum authorized capital of 40,000 DKK is required, which is equivalent to approximately 5,300 EUR.

Director

At least one individual is required, and there are no residency requirements.

Shareholders

A minimum of one individual or legal entity is sufficient for registration, and there are no restrictions on residency, which allows non-residents to easily become owners of an organization.

Financial Reporting

All companies are required to submit annual financial statements. Under some conditions, they are required to be audited.

Taxation

The standard rate of income tax is 22%. Starting from 2024, the corporate tax rate for financial companies will increase from 22% to 26%. Financial companies include banks, credit institutions, investment management companies and insurance companies. The standard VAT rate is 25%.

Confidentiality

The state register is open to everyone, providing access to public data on directors, shareholders and the amount of the company's authorized capital.

Stages of company registration

01

Choosing the name and form of the company

The optimal form for doing business in Denmark is a limited liability company (ApS). Before registering, you need to submit a request to the company register to check the availability of the name. Once the name is confirmed, the preparation of corporate documents begins.

02

Preparation and collection of documents

Each founder of the company is required to provide a copy of his or her passport and a document confirming the address of residence (for example, a utility bill). At this stage, information on the amount of the authorized capital of the ApS company is also provided.

03

Identification of company participants

Before registering a Danish company in the register, a shareholders' meeting is held in the presence of a notary, where all the necessary constituent documents are signed.

04

Formation of the share capital (if necessary)

At this stage, a company bank account is opened in Denmark, to which the authorized capital is deposited. After the bank confirms the transfer of funds, the documents for registering an ApS company are submitted to the state register.

05

Company registration

The process of company in Denmark registration generally takes 2 to 3 weeks from the date of receipt of the required set of documents and depending on the workload of the register.

06

Receiving of corporate documents

Once you open a business in Denmark and register the company, the registry will issue ready-made corporate documents with marks.

07

Legalization of documents (if necessary)

If necessary, the documents of the Danish company are submitted for legalization and apostille.

08

Delivery of corporate documents

The original corporate documents of the company in Denmark are sent by courier service. This is an important step after completing the company registration process in Denmark, ensuring reliable delivery of all the necessary paperwork to legally conduct business in Denmark.

Answers to the Most Common Questions:


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40B Ivan Franko St., office 207

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