Apply for the Danish Business Visa Process
Denmark enjoys one of the most conducive business environments to open and start up a business in Europe. Their government continually support innovative and credible entrepreneurship to grow into well-established businesses. Policies and tax schemes introduced in the country foster business ideas and encourage foreign investors to invest their economy.
REGISTERING YOUR BUSINESS
To start up or establish a business in Denmark such business needs to be registered with the Danish Business Authority. This registration must to be done no later than eight days before any making any move on starting the business. Once the registered is initiated and complete, the business owner gets a Central Business Registration Number (CVR). This number serves as the identity of the business and indicates that the business is authentic and licensed to operate in Denmark. Registering your business can be easily through the Danish Business online portal. It costs 670 DKK to register your business.
KEY FACTS ABOUT SETTING UP A BUSINESS IN DENMARK
1. If the business involves transactions with foreign countries, then the applicant must register such business with the tax authorities.
2. The current minimum wage in Denmark stands at $20 per hour.
3. Applicants need to open a bank account in a Danish bank to facilitate their business transactions.
4. The IT industry is one of the fastest growing sectors in the country attracting and favouring foreign investors.
5. World Bank ranks Denmark as the 7th best country for start-ups.6. Applicants will find learning a thing or two in Danish language quite helpful.
The procedure and the registering scheme to adopt depend largely on the type of business to be established. A quick look at the different types of business reveals:
Danish Sole Proprietorship
Sole proprietors have full liability for the company and business they set up. The business must be registered with the tax authorities to commence trading. Denmark allows anyone to own a business and sole proprietors donâ€™t have to be of Danish origin.
Danish Public Limited Company (Aktieselskab or A/S)
Here, shares can be shared with business partners or traded publicly. It involves a single shareholder and requires a minimum of DKK 500,000 to invest in Denmark.
Danish Private Limited Company (Anoartsseskab or ApS)
This type of business involves only one shareholder who doesnâ€™t have to be a Danish citizen. A minimum of DKK 80,000 is required to open an ApS and the shares here are not negotiable or transferable.
Danish Limited Partnership (Kommanditselskab K/S)
A Danish limited partnership requires at least two partners with at least one of the partners having limited liability for the companyâ€™s or businessâ€™s obligations. All partners must be listed in the Danish trade register.
Danish General Partnership (Interessentskab or I/S)
Visa FeeVisa charge - DKK 4,015
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Opulentus has been very helpful. My case officers are extremely good in helping me in getting this Visa. I am very grateful.
I am very glad to choose Opulentus. Thanks to whole team and specially thanks to my case officer for guiding me through out process. I really apprecia...
The team at Opulentus has been very helpful at every step of the way. They had given the right advice and guidance and I would like to make a special ...
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