The cost of setting up a company in Denmark starts from €4800 + VAT.
Why start a business in Denmark?
For any company looking to start a business, Denmark offers an excellent location in Central Europe. Scandinavia’s southernmost country has strong trade links with Central and Northern Europe and easy access to the growing Baltic markets. No other country offers Europe’s 500 million consumers easier access – and it doesn’t matter whether you travel by land, air or sea. It’s a business-friendly country, so setting up a business in Denmark is very rewarding.
According to the World Bank, Denmark ranks first in Europe and third in the world (just behind New Zealand and Singapore) for Business Ease. In addition, magazines such as Forbes have named Denmark the world’s best place for foreign investment.
Preparing for this is essential for a business to run smoothly. If you are unsure about your business opportunities in Denmark, our specialists will give you the advice you need on choosing the best form of company, dealing with documentation, etc.
Currently, one type of business form can be set up in Denmark:
– ApS (limited liability company)
Equivalent to an Estonian limited liability company in Denmark. To set up such a company, you need at least 40 000 kroons (approx. 5300€) of share capital.
How is a company set up in Denmark?
Registering a company in Denmark is more convenient than ever – once selected, we offer our services to clients remotely, with professionals sending all the documents. Registration usually takes about 2 weeks.
The prospective entrepreneur will receive a questionnaire and a list of documents to fill in. We will liaise with the notary and, if necessary, ask you for further details.
The minimum capital requirement for ApS is DKK 50 000, which is approximately €7000.
Setting up a company in Denmark involves several types of taxes:
Income tax rate 22%
VAT is 25%
There are many advantages to setting up a business in Denmark. Businesses are subject to extremely flexible recruitment and dismissal rules. Corruption and bribery are virtually unknown in the country. These indicators help Denmark to consistently achieve the highest positions in international transparency indices.A big advantage of setting up a business in Denmark is that if you are an EU citizen, you do not have to live in Denmark. Starting a business in Denmark gives you a lot of advantages, not only because Denmark is an economically strong country in an important location for the European market.Many investor benefits and other incentives make it easy to do business in this country compared to other European countries.
LCPC aims to provide you and your business with high quality assistance. Setting up a company is one of the first steps in building your business, and we will help you along the way!
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