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Denmark Company Formation

DENMARK

Type of Entity: Private limited company or ApS Public limited company or A/S Partnership – For instance K/S Others The ApS is a very commonly used vehicle.
Type of law: Civil law
Shelf company availability: No real need for shelf-companies, but available
Incorporation time frame: Few hours (online registration) or 2 to 3 weeks ( traditional paper registration)
Minimum Government fees: None
Regular Corporate Income Tax: 22%
Double Tax Treaty access: Yes, Companies have access to 80 tax treaties
Minimum issued share capital : DKK 40,000 (appr. EUR 5,378 ) for an ApS DKK 400,000 (appr. EUR 53,790) for an A/S
Minimum paid up share capital on incorporation: 25 % of the nominal share capital upon formation if the contribution is paid in cash; however, at least DKK40,000 must be paid prior to registration.
Minimum number of Shareholders required: One
Bearer Shares: No
Nominee Shareholders Permitted: Not recognized in Danish law
Minimum number of directors: -An ApS can have only one Director/Manager -An A/S must have either a Board of Directors and a Manager/Management Board or a Supervisory Board and a Management Board
Corporate directors permitted: No
Local directors required: No
Local meeting required : No, but any member of the board of directors may request that a board meeting is held and Meetings may be completed in writing or using electronic communication unless 1 member of the board requires a verbal debate.
Company secretary required : No, There is no requirement for a local corporate secretary in Denmark
General Meetings of Shareholders: Once a year minimum
Local Registered office required: No
Tax residence to benefit from Tax Treaty network: Presumption of Danish tax residence as a result of Danish registered address
Exchange Control: Not existing
Disclosure of beneficial owner to Company Registrar: Yes, The company must publicly disclose information on the beneficial ownership, if the beneficial owner is the physical person(s), who directly or indirectly, holds or controls more than 25% of the share capital or the votes, or who practices control by other means.
Government register of directors: The Managers/Directors are registered with the Danish Agency of Companies (“Company Registrar”)
Annual return: Yes, all companies have to submit their annual report to the Danish Business Authority after the end of their financial year
Audit: Yes, Accounting documents must be kept in a manner ensuring that they can be easily made available for local authorities.
Change of domicile Permitted Within Denmark only

We do our best to monitor the compliance of this jurisdiction with the latest international regulations set by OECD and other international institutions and countries.

At any moment, Damalion may decline any customer demand about this jurisdiction, at its sole discretion and without any obligation to provide any reason.

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