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open your company in Denmark |
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 Denmarks 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. For more information on opening a company in Denmark.Please contact us for further details today. What is the most common type of company in Denmark?There are two main kinds of business entity in Denmark:
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?
How much share capital is required to establish an ApS?The minimum share capital for an ApS is 17,000.What other requirements are there for an A/S?
What other types of company are there?
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. We can help you with recruitment, please click here.What is the regulatory environment like?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 tax planning, please get in touch.Are there financial incentives available 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 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?Please contact us and we will be pleased to discuss matters in greater detail. |
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