Establishment and registration of companies
A company is established by signing a memorandum of association containing the company’s articles of association. The company’s foundation must be registered in the Danish Business Authority’s IT system or notified for registration no later than 2 weeks after the foundation document has been signed. Otherwise, registration cannot take place.
The deposit in companies can be cash or values other than cash. Deposit limits for the company forms are:
Registration and deadlines
You register a company digitally via “Start company” on virk.dk. The digital registration must be done within 14 days after the signing of the founding document. It is also possible to use the company form, which must be received by the Danish Business Authority no later than 14 days after the signing of the memorandum of association.
Requirements for founders
The founder is the person or persons who sign the founding document. Founders of a company can be either natural or legal persons. Natural persons must be of legal age at the time of foundation (18 years and not under guardianship or joint custody). The founder may not be the owner of a company that is undergoing reconstruction or bankruptcy. The founder is not obliged to contribute any capital but must have permanent residence either in Denmark or abroad. There are no special requirements for nationality. Legal persons can be partnerships, companies (ApS, A/S, P/S), associations or business foundations.
A company incorporated as a founder may not itself be incorporated. The Danish state and Danish municipalities can also be included as founders. Legal persons included as founders have no obligation to inject capital. Sole proprietorships cannot be incorporated as legal founders. A sole proprietorship can, however, be invested as capital by a natural person (but not in entrepreneurial companies) and then closed, but they cannot as a company act as a founder. Sole proprietorships that are invested in a company must not be under reconstruction or bankruptcy.
What must be registered?
When registering a company, state the following:
When registering the company, attach:
At “start business” on virk.dk/indberet, you can invite your accountant, lawyer, or bank to approve capital by entering their email under “Approve Capital” (godkend kapital) in business registration.
Documentation in entrepreneurial companies
Entrepreneurial companies that are established with a share capital of DKK 25.000 or less can submit a declaration from the founders that the capital is present as proof of cash payment of the share capital.