Setting up a business in Copenhagen

A step-by-step guide on how to set up a business in Copenhagen.

1. Work and residence permits
2. Company registration
3. Tax authority registration
4. Setting up a bank account
5. Engaging an accountant

The sequence of the steps after arrival may vary.

For a more thorough description of the rules and regulations in relation to each of the phases, please consult the factsheet “Business entities”.

Work and residence permits

In order to do business or to work in Denmark, persons who hold foreign passports must have residence and work permits. Depending on your citizenship, different rules apply. >> Read more

Company registration

Every company in Denmark must be registered and acquire a CVR-number (Central Company Register Number). There are three main business entities: Public limited company (Aktieselskab or A/S), private limited company (Anpartsselskab or ApS), and branch office (udenlandsk filial). If you want to establish a representative office (repræsentationskontor), there are no registration requirements. >> Read more

Tax authority registration

When setting up a company in Denmark, your company must be registered for taxation purposes with The Central Customs and Tax Administration (CCTA). The CCTA issues a proof of registration, which will serve as your company’s VAT registration. >> Read more

Setting up a bank account

In order to set up a corporate bank account, a “request for opening a corporate account” form is needed. It is obtainable through any large Danish bank. The form is to be returned to the Danish bank with a reference/recommendation from your local bank in your home country. >> Read more

Engaging an accountant

The authorities require that a state-authorised public accountant audits the annual report. Copenhagen Capacity recommends that you engage an accountant in the early planning stages to be able to comply with the Danish bookkeeping principles. >> Read more

Where to locate

Copenhagen offers a large variety of attractive locations opportunities - sites as well as office space - at very competetive prices compared to other European capital regions. >> Read more

Last updated on: 30-07-2007	<< Back   Top