Ranked as the easiest place in Europe for doing business, Denmark is transparent, stable, modern and efficient. It has a famously flexible labour market, with business-friendly hiring and firing regulations backed by a welfare safety net. For investors, Denmark is a proven cost-efficient and attractive choice.
The opportunities:
- Highly educated and flexible labour market
- Motivated and happy employees
- World leader in cleantech and life sciences
- Proven test market with world-class IT infrastructure
Setting up a business in Denmark
TMF Group is your trusted partner to help you to set up a new business in Denmark.
- Corporate secretarial services: We manage the legal set-up of new operations and then help you stay compliant, manage your risk and stay on the right side of Danish regulators and filing requirements.
- Ready-made shelf companies: We can provide you with a ready-made company that will make your expansion into Denmark faster and easier. Our set-up includes a registered address, registration with authorities, a bank address and the establishment of the company’s management board.
- Accounting and tax: We take care of Danish tax registrations, bookkeeping, consolidation, and statutory accounts preparation and filing. We can also prepare corporate management reporting as required by Danish or international accounting standards.
- HR and payroll: We provide services for companies of any size by applying and implementing international policies in employment contracts and handbooks, and paying your staff in compliance with local law.
Once registered, we can offer you a flexible and tailored solution to assist you with local back office operations, ongoing accounting, tax, payroll and statutory compliance and filing obligations, as well as your management reporting requirements.
The most common types of business entities when entering the Danish market are:
- Private Limited Company (Anpartsselskab, ApS)
- Public Limited Company (Aktieselskab, A/S)
- Branch office
- Limited Partnership (Kommanditselskab, K/S)
- General Partnership (Interessentskab, I/S)
Several legal documents are required in order to form a company, such as a trading licence, a registered office, a bank account, and several documents related to the shareholders and the company executives or representatives.
Subsequently, the newly incorporated company needs to register with the tax office and, in the case that it has employees, with the social and health insurance bodies.
Are you planning to expand into Denmark? Make an enquiry!