Establishing A Business In Denmark

OVERVIEW

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.

To live and work in Denmark requires a work permit or a permanent residence status as a foreigner. However, nationals of countries in the European Union (EU), and European Economy Area (EEA) may live, work, and establish their businesses in Denmark without a work permit or any special authorisation. Nationals of Switzerland also enjoy this privilege. Getting a work permit or becoming a permanent resident in Denmark requires a straightforward procedure, although sometimes it may be time demanding.

Program Details

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.

After the registration with the Danish Business Authority (DBA), the business owner must proceed at once to register with SKAT (Danish Customs and Tax Administration) which is in charge of taxation in the country. This body provides valuable advice on taxation to businesses and companies.

Benefits of Program

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.

Visa Process Types

BUSINESS TYPES

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 don’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 doesn’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 company’s or business’s obligations. All partners must be listed in the Danish trade register.

Danish General Partnership (Interessentskab or I/S)

This also requires a minimum of two partners. Although all partners here must be registered with the Danish trade, not all may be fully liable for the company’s or business’s obligations.

Application Costing

Visa Fee

Visa charge - DKK 4,015

Why to Reach Opulentus Visa Company?

Opulentus is leading immigration consultant in India, we undertake visa services to for work, PR, study, Investor, Dependent visa and many other visas to Canada, USA, Australia, UK, Denmark and several countries as per client requirements. Opulentus is Best Visa Company with Denmark Immigration experts to assist on Denmark Visa process.

Opulentus Fees, Cost and Refund Policy

As Immigration Consultants, Opulentus offers competitive fee which is rated top in the immigration industry. We process over 5000 active cases from all over the world at a given time, thanks to our state-of-the-art processing center. With Opulentus, you get the best hands at the best prices. Standard prices are charged across all our offices. We assure you that besides company offers and campaigns, you will not be asked to pay a higher or lesser price. The company determines the price and this remain the same for all of our clients.

Opulentus Services

  • Expert guidance on the complete process
  • Documentation (this defers from country to country)
  • Document checklist at every stage and help with requisites and choices after a copy of the signed service agreement has been received
  • Provision of documents samples
  • We also act as correspondence on your behalf whenever there is a need for it.
  • Help you to fix an interview date with the embassy
  • Post landing services

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