danmark

 REGISTERING A COMPANY IN DENMARK  

Danish ApS company format

Registration
price

7100 EUR

Extension price

4600 EUR

Opening a bank account

1000 EUR


 
Advantages:
  • an ApS company is legally similar to Russian ZAO, British Ltd, or German Gmbh – i.e. a joint stock company with limited liability;
  • minimal paid-up capital, which from 2014 is 6800 EUR (50000 krone), can be used for the needs of the company after it has been registered;
  • no requirement to use a Danish bank;
  • the company may engage in international trade as a third-party agent from any jurisdiction – the so-called blacklists do not exist in Denmark;
  • the director may be a client representative (a non-resident of Denmark), nominee (a resident of the European Union), or two people: a resident and a non-resident of Denmark.
Country specifics:
  • companies must fulfill an audit report once a year;
  • the company is covered by the agreement on avoidance of double taxation and may provide a Tax Residency Certificate from the Danish taxation offices;
  • no requirement to use a Danish bank.
To register a Danish ApS company you must:
  • Select and confirm the availability of the company name.
  • Upon establishing the company’s name and its operational activities, the following statutory documents must be prepared:
    - the charter;
    - minutes of the first meeting of founders;
    - if the client’s company has a director, you must provide a copy of his/her passport and proof of address (a copy of their official residence registration or a receipt of payment for a utility bill at their place of residence).
  • Authorized capital of the company (6800 EUR) must be transferred to the account of a Danish attorney at law indicating that it is a “Charter capital for “New Company Name” ApS/under incorporation” payment.
  • Immediately after registering your company and opening a bank account, the attorney at law will transfer your authorized capital to your new bank account. The authorized capital may be used to pay for the needs of the company.
  • To complete this banking transfer it is sufficient to provide a copy of a letter to the client from the bank, indicating the details of the newly opened bank account.
  • Provide Minutes of Meeting of Shareholders;

To prepare the share register you must provide copies of the shareholder(s) following documents:

- Certificate of Incorporation;

- for a business – proof of address;

- for an individual – a copy of his/her passport and proof of address (a copy of their official residence registration or a receipt of payment for a utility bill at their place of residence).

If a corporate shareholder has been registered more than 6 months prior to the registration of the Danish company, you will need to provide a copy of a recent Certificate of Good Standing.