Doing business in Denmark
How quickly can I set up a business?
Within 1 week.
What is the minimum investment needed?
Minimum is DKK 40.000.
How can I raise finance?
Investor must contribute the entire capital.
What are the legal requirements for setting up my business?
Limited Liability Partnership (LLP)
What structure should I consider?
There are advantages and disadvantages to all of them, and there is no one correct answer. It is all dependent on the specific business circumstances and needs.
What advice can you give me in regards to payroll and taxation requirements?
Taxable income including capital gains is subject to a flat rate corporate tax of 22%.
Unfortunately, we are famous for our high-income tax on personal income. Tax rates on personal income varies from 38%-53% depending on the level of income. On top of that we have a labour market contribution tax of 8%.
Our firms in Denmark
How can Kreston grow your business?
Select your business type:
The International Accounting Bulletin’s (IAB) latest piece delves into our network’s perceptions of technology and its role in the future […]
Below is the International Accounting Bulletin’s (IAB) latest piece discusses the post-pandemic options for developing countries in relation to tax, […]
HMRC recently published its long-awaited ‘Cryptoassets manual’ signalling that the wait-and-see era might be over when it comes to accounting […]