| LLC | PLC | LLP | Branch Office | Rep Office | |
|---|---|---|---|---|---|
| Local Name | Anpartsselskab | Aktieselskab | Kommanditselskab | Filial | Repræsentationskontor |
| Company Setup Time | 5 days | 5 days | 5 days | 10 days | 10 days |
| Bank Account Opening | 10 days | 10 days | 10 days | 10 days | 10 days |
| Government Grants Available | Yes | Yes | Yes | No | No |
| Government Contracts Bidding | Yes | Yes | Yes | No | No |
| Limited Liability | Yes | Yes | Yes | No | No |
| Client Required to Travel | No | No | No | No | No |
| Inquiry | Inquiry | Inquiry | Inquiry | Inquiry |
Corporate Structure Explained
Denmark limited liability company (aka Anpartsselskab)
- This type of business entity is the most common choice for doing business. The owner does not have to be a Denmark resident. The requirements are at least one shareholder, one director, both can be of any nationality. The paid-up share capital is DNK12,500 (approx. € 400).
Denmark stock corporation (aka Aktieselskab)
- The prerequisites for its formation are at least one shareholder and one director. The minimum amount of paid-up share capital is DKK800,000 (about € 110,000). Audited final financial statements must be submitted annually.
Branch offices
- These business entities are 100 percent foreign-owned. This entity can carry out trade activities here as per scope set by its parent company. The branch offices in Denmark are allowed to generate income through commercial activities. A license to conduct industrial activities must be obtained.
Representative offices
- Our clients can opt for the option of the representative office if they wish to promote the business of a parent company. A representative office in Denmark is 100 percent foreign-owned and is not allowed to conduct business directly. These legal entities can also conduct market research and related activities. A registered agent must be appointed in Denmark.