Denmark is a country with a very favorable investment climate. Top advantages for investors include ease of doing business and a favorable business climate, high education levels and high quality of life and a good position in Europe that facilitates access to surrounding markets.
Investors looking for specialized aid when opening a company in the country can request the services offered by our agents who specialize in company registration. Company Formation Denmark.com
provides all the necessary instruments for company incorporation in Denmark
such as drafting the Articles of Association and other documents design for the incorporation of the Danish company
, setting up a bank account for the Danish company
, recommending an accountant and offering a Registered Office in Denmark
. In case you need specialized accounting and auditing services in Malta
, we can put you in touch with our partners.
Types of business entities in Denmark
Only a single member is required to form a Danish Private Limited Company (Anpartsselskab - ApS)
without restrictions on his residence. The minimum share capital necessary in order to incorporate a Limited Liability Company in Denmark
is 80.000 DKK which is divided into shares not negotiable, and not transferable. The members of the Danish ApS are held liable to the company's debts to the extent of their contribution.
For large amounts of capital and a limited liability of the members, it is advisable to open a Danish Public Limited Company or stock corporation (Aktieselskab - A/S). A Joint Stock company incorporated in Denmark requires at least one founder and a minimum share capital of 500.000 DKK. The capital is divided into shares which can be offered to the general public. Just like in the case of the private limited liability companies, the liability of its members is limited to the extent of their contribution to the capital.
For small investments and usually for the business with a personality not distinct from their owners, the Danish and foreign entrepreneurs are advised to opt for opening the main form of business an individual can establish in Denmark which is the sole proprietorship. In this case, the single member of the business entity is not a separated entity from its business and it is fully liable to the company's debts.
Another type of Danish business
where the personality of the members is not distinct from its owners is the Danish General Partnership (Interessentskab - I/S)
. Unlike the companies, the members of the partnership are fully liable to the company's obligations to the extent of their own personal assets. The structure, the roles and the rights of the partners are regulated by the partnership agreement.
Another type of partnership is the Danish Limited Partnership (Kommanditselskab - K/S) which is formed by a general partner and a limited liability partner, called silent partner. Only the general partner can decide the entity’s business strategies and all the major decisions. The silent partners are liable for the company’s debts in the limit of their contribution to the capital.
Also, investors might take into consideration the idea of entering the Danish market through a branch
or a subsidiary
. Our specialists in Danish companies formation are here to advise upon the benefits and requirements of each of them.
Company formation in Denmark
Before drafting the incorporation documents, the Danish or foreign entrepreneurs willing to open a business in Denmark must verify the uniqueness of their name at the Danish Registrar. The articles of association of an entity established in Denmark are the main documents standing at the base of each business. It states the internal regulations of the Danish company and all the details related to it such as the company's name, the location of the registered office, the purposes its establishment, details related to the share capital, the names and addresses of the managing members. These articles of association must be notarized before being used for registration.
A particularity of the company registration in Denmark is that each business must receive a digital signature known as NEM id. After taking this step it is necessary that the minimum share capital is deposit in a bank account which will issue a certificate of deposit.
The registration at the Danish Business Authority
is made through an online system. The entrepreneurs must complete an online application and send electronically the articles of association and the bank certificate. Due to the centralized system, the companies are registered in maximum one day at the Danish Business Authority and three days at the tax authorities.
Companies that will hire personnel must handle an additional step. These entities must register their employees with a private insurance company, a process that lasts approximately one day.
Danish companies in selected business fields will need to apply for additional special permits and licenses once there are registered and have their business permits. These are sector-specific licenses and are obtained from relevant authorities. If you want to open companies in other countries such as Seychelles
we can put you in touch with our affiliates.