Denmark Company Formation

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Denmark

Company Formation and Related Services

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Buying a European shelf company with VAT number

Whenever you need to start doing business immediately in a European country and you need a company with a VAT number, you don’t have to wait for the bureaucratic procedures.

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Partner Law Firms

We encourage you to contact our partner law firms in Bucharest: Rolegal and E&C, both part of our legal network.

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Tax Minimization Structures

BridgeWest is specialized in special corporate structures designed for tax minimization. No matter where you want to incorporate your company, you will need to consider how you can legally minimize costs.

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Setting up a Joint Stock Company (A/S) in Denmark

November 14, 2011, 1:27 am
BridgeWest

A joint stock company in Denmark is a public limited company also known as Aktieselskab or A/S. It is usually chosen by entrepreneurs who want to set up a large company and who want to be listed on the Copenhagen Stock Exchange. The formation agreement of a joint stock company in Denmark must be signed by the founders and contain the articles in drafts, name and location of the company or other information. It is important to register a joint stock company with the Danish Commerce and Companies Agency within a period of six months, since the procedure itself may take half a year.

Capital

The minimum share capital required for the establishment of a joint stock corporation in Denmark is 500,000 DKK which must be fully paid prior to registration. If the initial capital exceeds this amount, then it can be paid in half in the first six months and the rest no later than twelve months. At least three share certificates must be issued when incorporating a joint stock company in Denmark.

Shareholders

At least one founder is required for setting up a joint stock company in Denmark. If there are more shareholders, there should be at least one with a Danish residency or European national. It is not compulsory for the shareholders to subscribe to the share capital.

Management

A joint stock company in Denmark must have a board of directors of at least three members. The Board must appoint one manager, who can be a member of the board but cannot be the chairman too. All members of the board of directors must register with the Danish Commerce and Companies Agency and they also must submit a notification of their power to sign as it is mentioned in the articles of the company.

Control

It is mandatory for a joint stock company in Denmark to have a Supervisory board of at least three members and an executive board or a CEO, with no further requirements on the residency of the members.  Anyway, a joint stock company in Denmark must prepare financial statements, reports and profit and loss statements annually. It is mandatory that a registered or state authorized accountant audits the financial statements.

Other requirements

A joint stock company in Denmark is similar in many ways to a limited liability company, therefore a corporation can easily change its status from a A/S to a ApS or the other way round. Besides, both types of companies are subject to the same taxes, which makes the modification even less complicated for an entrepreneur.

BridgeWest offers Company Formation in Denmark as well as related services such as Danish shelf companies, VAT Registration and Virtual Office Services in Denmark. All the basic information regarding the requested steps for starting a business in this country was put together in a YouTube video: How to Open a Company in Denmark. We hope you will enjoy it and share it with your professional network.

 




Open Business in Denmark
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Company Formation in Denmark

Copenhagen

Denmark is one of the best locations in the world for opening a company, being ranked among the easiest countries in Europe for doing business.

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Lawyers in Denmark

Copenhagen

BridgeWest provides a wide range of legal services in Denmark through our affiliated Danish lawyers and Law Firms in Copenhagen and other major cities in Denmark. We are mainly specialized in the main aspects of Danish Commercial Law, including Co ... [More]