Denmark

Starting a Business in

Denmark

Listed below is a detailed summary of the bureaucratic and legal hurdles an entrepreneur must overcome in order to incorporate and register a new firm, along with their associated time and set-up costs.  It examines the procedures, time and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economy's per-capita gross national income (GNI).

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in June 2011.

  • Standardized Company

  • Legal Form: Anpartsselskab (ApS)
  • City: Copenhagen

About This Topic

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No. Procedure Time to Complete Associated Costs
1 Obtain a NemID signature

The NemID can be obtained from www.nemid.dk. The new NemID was launched in July 2010 as an improvement on the previous Digital Signature.
1 day no charge
2 Deposit startup capital at a bank

A private limited company (ApS) must have a startup capital of at least DKK 80,000.00. An amount equal to 25 % of the share capital, but not less than DKK 80,000.00, must be paid up at all.
1 day no charge
3 Register the company with the Danish Commercial and Companies Agency over Webreg system

The DCCA provides a one-stop centralized service for business and tax registrations when a new limited liability company is registered. The website www.webreg.dk captures new and updatedcompany information and is connected to a database that automatically validates the input data. The registration form may be completed and submitted electronically with the Memorandum of Association and the Articles of Association. The entire process takes place online, without the involvement of any agency official.
For online registration, the registration is immediate. To secure payment of the startup capital, lawyers, accountants or bank employees may log on to the Capital Information page on www.webreg.dk and confirm the type and amount of capital by using their NemID (digital signature). On completion of the
registration process, the client receives a registration receipt by email, stating a unique business identification number (CVR) and confirmation that the registration is visible at www.cvr.dk, where the National Gazette is published electronically.
1 day (20 minutes) for company registration, 3 days for tax registration no charge
4 Register employees with workmen's insurance

Employees must be insured against industrial accidents and occupational illnesses. The chosen insurance company must complete a form and register the insurance policy with the DCCA. If the new business has a car, motor insurance must also be purchased. More information on insurance companies can be
found at www.forsikringogpension.dk.
1 day no charge
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