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Shelf Companies in Denmark
Updated on Wednesday 29th January 2020 Rate this article
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Considered one of the most attractive countries for business, Denmark has a transparent, efficient and modern environment with plenty of opportunities for foreign investors. When doing business here, businessmen could choose to open a new company in Denmark or acquire an already opened one, also called a shelf company. It is advisable to perform a thorough due diligence before purchasing shelf companies in Denmark, in order to make sure that they do not have any pending debts or other issues. Our company formation professionals in Denmark can help you when it comes to this type of due diligence.
Advantages of a shelf company in Denmark
When it comes to the advantages of a shelf company in Denmark, the most important one is the amount of time it can save. When a foreign investor purchases a Danish shelf company, there is no need to wait for it to be registered. Also, it already has all the required certificates and VAT number.
Also, a shelf company in Denmark can bring the following advantages:
• credibility: a shelf company already has a track record, which can confer more credibility to clients and business partners;
• contracting government programs: most of the times, government contracts require a proven track record of the businesses involved;
• ability to attract investors: shelf companies in Denmark could attract investors more easily, since they were registered many years before;
• ability to get bank credits more quickly: because they have a history, shelf companies can obtain more rapidly credits from banks.
Shelf companies requirements in Denmark
When under the form of a private limited liability company, a shelf company in Denmark requires only a single member in order to be registered, without restrictions on his or her residence. The members of a Danish private limited liability company are accountable for the debts of the business depending on their contribution to it. Our company registration advisors in Denmark can offer more details regarding the characteristics of a private limited liability company in this country.
The purchase of a shelf company in Denmark enables entrepreneurs to set up a company almost immediately. Just after the purchase, an extraordinary shareholder meeting has to be held to vote for the appropriate changes to the Articles of Association, to establish the new members for the board of directors and to name the auditor.
For more detailed information and to find out the costs involving the purchase of a shelf company in Denmark, we invite you to get in touch with our Danish company formation consultants.
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