Investors who are looking for a solution to diversify the payment options for their clients can set up a merchant account in Denmark. This is a type of bank account that allows companies to accept and process payments made via a debit or a credit card. Entrepreneurs who are interested in company…
The share capital in Denmark depends largely on the type of business an investor wants to open in this country. The share capital is the contribution amount representing the extent of shareholder liability in the company. The share capital of a Danish company can change over time. Additional shares can be issued and sold by the…
A holding company in Denmark is a common company that owns shares in another company – called a subsidiary – from this country or from abroad. The percentage of share ownership ensures that the holding has voting rights in the respective company or companies and thus it is able to control its activities and policies.…
Denmark is one of the countries with the safest banking systems in the world and the banking fees have a tendency to be quite low. After opening a company in this country, an entrepreneur also has to open a bank account in Denmark. Since the financial services are important to any organization,…
Denmark is a country with a progressive welfare, with significant public services being covered by taxes, like for example healthcare. The taxation system in Denmark is based on the principle of progression, meaning that taxation is higher for a bigger income. As follows, our company formation specialists in Denmark briefly explain the Danish taxation system. The income tax in…
The value-added tax rates are an issue usually taken into consideration by those interested in setting up a company in a foreign country. Denmark has a standard VAT rate of 25% and it was one of the first countries to implement this tax. VAT registration in Denmark is performed as per certain thresholds. Companies that make…
The virtual office is a physical business address that can be used for company formation in Denmark. This type of service will also include additional, office-related services according to a pre-established fee so that clients can benefit from the usual uses of an office space. A virtual office in Copenhagen or Aarhus,…
