Setting up a Danish company

Establishing a company in Denmark has a lot of advantages, the main one being a very simple and short registration process. Towards foreign investment Denmark is characterized by openness and non-discrimination. Entrepreneurs prefer to open mostly public and private limited companies.

Preliminary activities before registering public and private limited companies in Denmark
Prior to registering the company within the Danish Commercial and Companies Agency, it is necessary that the managing members of the limited companies provide the articles of association. These must contain information about the company's name, the location of the registered office, the objective of the company, the share capital, and the names and addresses of the managing members. Obtaining a digital signature must be completed before registration, a qualified Certification Authority from the Electronic Authority for Public Administration. Also it is necessary that the minimum deposit or the shares of the business's partners is deposited in the bank account, and to obtain a certificate.

Registering public and private limited companies with the Danish Commercial and Companies Agency
In Denmark, entrepreneurs who wish to register their companies use an online system called Webreg which enables a simplified registration process. In order to obtain registration entrepreneurs must complete an online form and send electronically the articles of association and the bank deed, which certificates your capital and fee payment to the bank. When the new company is registered, the business and tax registrations are automatically centralized and completed in a short time period.

Registering employees with a private insurance company                                                                                             Every company who has employees must register them within a private insurance company, which the employer is free to choose. It is a simple process that requires filling a form and submitting the employer's information.

Setting up a Danish company from abroad
Both Danish and foreign investors may configure their companies obeying the same regulations. Furthermore, there is no need for managing directors or members of board directors to be residents. A foreign entrepreneur is free to open a company in Denmark, without being necessary for physical presence in the country, as he or she can choose between acquiring a shelf company, or a ready made company, or online registration, from anywhere in the world.

How long does it take to found a Danish company?
The whole process is simplified with the help of the new online system. Every procedure that completes the process takes about one day, including registration with the Danish Commercial and Companies Agency over Webreg system. In a maximum of four days a Danish company is registered and functioning