denmark company formation

DENMARK

(prices quoted exclusive of VAT)

REQUIREMENTS:

  • Registered Office: All Danish companies must have a registered office in Denmark. The statutory books however may be maintained outside Denmark.
  • Officers: A minimum of one director is required. There is no requirement for a Company secretary to be appointed.
  • Shareholder: Minimum of one
  • Share Capital: Minimum paid up share capital of DKK 125,000 (approx £12,000). This amount must be paid into a bank account in Denmark before the company can be incorporated. We can arrange for this.
  • Statutory audit: All companies, regardless of size, must have a statutory audit and only Danish auditors registered with Danish Commerce and Companies Agency can be appointed as auditors. Accounts need to be filed with the Danish tax authorities annually.
  • Statutory books: The statutory books must be held at the Registered office of the company.
  • Statutory Filing: Annual accounts must be filed with the authority by 31 May.


Fee's
Incorporation/Ready Made Company (ApS) £2,000

Registered office (in Copenhagen)

£3,500

Total first year costs

£5,500

Incorporations can be completed in approx. 10 days. Companies are available immediately, off the shelf.
Thereafter annual fees:
Registered agent and registered office £3,500 per annum
No annual Government fees or annual returns (other than for tax purposes)
Nominee services available:
Per Local Director £2,400 per annum
Per Other Director £250 per annum
Per Shareholder
£125 per annum
General Powers of Attorney can be arranged

 

Tax information:

A tax exemption is available from income from foreign subsidiaries if the Danish company owns more than 25% of the stock in the foreign subsidiary.

Moreover, dividends to the Danish company from the subsidiary are exempt from withholding tax or subject to a modest holding tax as regulated by international agreement.

Profits on the sale of shareholdings in other countries are free of tax after 3 years.

Profits on Liquidation are free from Danish withholding tax.

PLEASE NOTE WE REQUIRE ALL CLIENTS TO SATISFACTORILY COMPLETE OUR DUE DILIGENCE REQUIREMENTS AND COMPLY WITH THE MONEY LAUNDERING REGULATIONS 2007.