Denmark

Ease of Doing Business in

Denmark

This page shows summary Doing Business 2012 data for Denmark. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region OECD high income
Income Category High income
Population 5,565,020
GNI Per Capita (US$) 58,980.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
5 5 0
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 31 27 up -4
Dealing with Construction Permits 10 10 No change
Getting Electricity 13 13 No change
Registering Property 11 29 up 18
Getting Credit 24 21 up -3
Protecting Investors 29 28 up -1
Paying Taxes 14 12 up -2
Trading Across Borders 7 6 up -1
Enforcing Contracts 32 30 up -2
Resolving Insolvency 9 5 up -4

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 31 DB 2011 Rank 27 Change in Rank down-4
Indicator Denmark OECD high income OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
4 -- 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
6 -- 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
0.0 -- 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
25.0 -- 14.1
No. Procedure Time to Complete Associated Costs
1 Obtain a NemID signature 1 day no charge
2 Deposit startup capital at a bank 1 day no charge
3 Register the company with the Danish Commercial and Companies Agency over Webreg system 1 day (20 minutes) for company registration, 3 days for tax registration no charge
4 Register employees with workmen's insurance 1 day no charge

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