Types of Danish Companies
/ Denmark Companies
In Denmark, there are primarily two forms of
companies with limited liability:
Private limited companies (in Danish "Anpartsselskab").
Public limited companies (in Danish "Aktieselskab").
Denmark is a peninsula located just
north of Germany. Denmark is bordered by the
North Sea and Baltic Sea in Northern Europe.
Sjaelland and Fyn are two of its major islands.
The capital city is Copenhagen.
Danish Private Limited Companies
The minimum capital requirement for a private
limited company is DKK 125,000 equivalent to
approx. USD 20,000. This means that the minimum
required amount must be deposited into a bank
account that has been set aside for the company.
Private limited companies are typically used
as holding companies or in connection with the
operation of small-sized companies.
It is not a requirement that a private limited
company has a board of directors, however, in
such case the company must have at least 1 managing
director.
Public limited companies and private limited
companies are basically governed by the same
rules and regulations.
Danish Public Limited Companies
The minimum capital requirement for a public
limited company is DKK 500,000 equivalent to
approx. USD 80,000. This means that minimum
required amount must be deposited into a bank
account that has been set aside for the company.
Companies of a reasonable size are normally
run as public limited companies.
The board of directors of a public limited company
must be comprised by at least three members.
Speed of Registration:
We are linked to the Danish Commerce and Companies
Agency. The Agency is the national authority
who solely handles the registration of public
and private limited companies – from birth
to death.
Consequently, we are able to make day-by-day
registrations of companies, however, provided
that we are in possession of the signed formation
documents as well as documentation that the
share capital has been transferred as required
by Denmark corporation law.
On request, we are able (on our own) to found
companies to be resold, referred to as “shelf
companies” or “aged companies.”
Before transferring a shelf company we need
to receive information regarding the new directors
and management, including the necessary personal
data.
Denmark Background
Denmark was once the home of Vikings who raided
foreign lands. Later it became a major power
in northern Europe. Denmark is a modern, affluent
nation that is a part of the financial integration
of Europe, joining the EEC, now the EU in 1973.
Denmark is almost twice the size of Massachusetts,
is bordered to Germany to the south and has
a temperate, humid an overcast climate with
moderate, windy winters and cool summers.
The country features technologically advanced
agriculture, modern small-sized and larger corporate
businesses, a large government welfare system,
respectable standard of living, and a stable
currency. It is very dependant on foreign trade.
The nation exports food and energy and is on
the positive side of the import/export balance.
The largest exports are machinery and instruments,
meat and meat products, dairy products, fish,
chemicals, furniture, ships and windmills. Major
imports include machinery and equipment, raw
materials and semi-manufactures for industry,
chemicals, grain and foodstuffs as well as consumer
goods.
Denmark has a strong and growing economy. The
government has succeeded in meeting, and even
surpassing, the economic convergence conditions
for participating in the third phase (a common
European currency) of the European Economic
and Monetary Union. The country has a high gross
domestic product per capita, welfare benefits,
stable government and a standard of living enjoyed
by few other countries.
To establish a corporation in Denmark, please
click
here.
