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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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Shelf Company in Denmark

February 15, 2011, 1:56 pm
BridgeWest

Denmark is a powerful country economically speaking, offering entrepreneurs a good business environment. For this reason many entrepreneurs choose to invest in Denmark either by setting up companies, branches or acquiring a readymade company. This company type refers to a business entity already incorporated in Denmark. Usually a Danish shelf company hasn't had any commercial activities and has brand new registers. Acquiting such a company can be done by share transfer.

The process of share transfer requires an accountant and a public notary as there is certain documentation that needs to be verified, and authenticated. The buyer must provide personal documents, such as identification documents. The buyer of a Danish shelf company can be a natural person, or a legal entity. In case the buyer is a legal entity it must provide the registration certificate of the company, from the relevant institution in which the company has been incorporated. Also the company or person who is transferring the shares is able to commit different changes in the company, excluding the date of incorporation. These changes may refer to different object of activity, address, company name, new board of directors etc. All of these changes are supposed to modify the previous Articles of Association of the Danish shelf company. Every change must be brought to the attention of the Danish Companies and Commerce Agency.

A company or legal entity is able to purchase shares from a company that has had activity, which can offer significant advantages, such as already established commercial relationship, and the age factor which becomes an important advantage when it comes to company trust. Therefore it is advisable for the new shareholder to conduct a thorough investigation as to the tax fillings, company assets, activities and debts. This will enable him/her to step on safe ground when the new company will commence business.

Establishing a Danish shelf company presents plenty advantages for the new entrepreneur, as Denmark has no regulations for the resident requirements for company management, including members of the Executive Board, it offers a tax efficient business environment and the languages used in company formation are flexible. On the other hand, the biggest advantage in setting up a shelf company is its immediate use, followed by quick and informal process of share transfer.
 

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]