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.

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.

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.

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)

Application Costing

Visa Fee

Why to Reach Opulentus Visa Company?

Opulentus Fees, Cost and Refund Policy

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