Private Limited Company (ApS)
Public Limited Company (A/S)
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| General | ||
| Type of Company | ApS | A/S |
| Average timeframe to set up a new company | 1 day | 1 day |
| Average timeframe to activate shelf company | 1 day | 1 day |
| Migration of domicile possible? | No | No |
| Corporate Requirements | ||
| Standard authorised share capital | EUR 16,800 | EUR 33,600 |
| Bearer shares allowed? | No | Yes |
| Minimum number of shareholders | One | One |
| Minimum number of directors | One | Three |
| Corporate directors permitted? | No | No |
| Local directors required? | No | Yes1) |
| Local meeting required? | No | No |
| Company secretary required? | No | No |
| Taxation | ||
| Corporate tax rate | 30% | 30% |
| Ordinary tax base | worldwide income | worldwide income |
| Tax exemptions | Foreign dividends, gain on sale of shares after 3 years - more info | |
| Withholding tax on dividends - tax rate | None | |
| Withholding tax on interest - tax rate | None | |
| Withholding tax on licence fees and royalties | 30% (but not on copyright royalties) | |
| Double taxation treaties | More than 80 - click here for more info | |
| Value Added Tax rate | 25% | |
| Disclosure and Reporting Requirements | ||
| Disclosure of beneficial owner | No | No |
| Government register of directors | Yes | Yes |
| Government register of shareholders | No | No |
| Annual return | Yes | Yes |
| Submission of accounts | Yes | Yes |
| Audit required? | Yes | Yes |
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| Type of company | ApS | A/S | ApS | A/S | |
| Incorporation Fee | EUR 2,000 | EUR 2,000 | |||
| Government Tax | None2) | None2) | Government Tax | None2) | None2) |
| Domicile Fee | EUR 2,500 (4) | EUR 2,500 (4) | Domicile Fee | EUR2,500 (4) | EUR2,500 (4) |
| Annual Administration3) | EUR 4,000 | EUR 4,000 | Annual Administration3) | EUR 4,000 | EUR 4,000 |
| Annual Tax Return3) | EUR 1,000 | EUR 1,000 | Annual Tax Return3) | EUR 1,000 | EUR 1,000 |
| Annual Audit3) | EUR 2,000 | EUR 2,000 | Annual Audit3) | EUR 2,000 | EUR 2,000 |
| Total 1st Year EUR | 12,600 | 13,600 | Total Annual Maintenance EUR | 7,100 | 7,100 |
Note: All fees are quoted in Euro. Currency Converter
1) Majority of directors must be EU residents
2) Or pure holding companies. Click here for more information
3) Package for single holding company with one subsidiary; otherwise administration fees are variable, an hourly rate of EUR 70 applies for administrative work, EUR 175 for senior/director work.
4) Domicile fee includes fee for 1 Danish director.
