Selecting Denmark as the home of your new business seems almost too good to be true. In fact, the process is so easy it can be done entirely online and can be completed in less than a day. In this article, I will cover the essential first steps to build your thriving business in Denmark. The topics to be covered will include the following:. Before the registration process, you will need a work permit in order to register and run a business in Denmark. However, they should obtain an EU residence document click here to apply.
In order to start a sole proprietorship, you must:
This is probably because it is very easy to register and if there is no greater risk to run the company, many believe that you might as well make your business operations legal. This guide is only for foreigners already living in Denmark and who have got a residence and work permit. After you click OK, you are the owner of your own sole proprietorship business. Yes, it is that easy. If you do it anyway you will lose your financial support from the government. Generally it is the case that if one receives public assistance it requires a special permit also to start a business. Do you get SU student support or do you not get any public assistance feel free to establish your own business. You are a free person. The benefits of being a sole proprietorship instead of an entrepreneurial limited company or private limited company include:. Disadvantages when having a sole proprietorship company in relation to a private limited company :.
Putting the Start in Startup – Danish Company Types
It is done online and takes about 15 minutes, given that you know which type of business you want to register. If you are starting a company and not a personally owned business you also need to have the necessary documents ready. When you register a business, your business will receive a CVR-number Central Virksomhed company Registration number , which is the number your business will be using as identification. This document was made in May
To register a sole proprietorship, you must choose a business name and describe the business you intend to run. You can find what the requirements for starting a sole proprietorship are, and how to proceed with the registration of the enterprise here. Register of Legal Entities Act on entities that must be registered in Norwegian only.