What information do we need to establish an ApS?


1:

Do you really want an ApS?

Sometimes a sole proprietorship will be a better choice as a start.

Watch our video here and understand the difference between choosing an ApS or a sole proprietorship


2:

Company name (the name should always end with “ApS”).


3:

Company address


If you do not have an address, then read here:

You will need a company address in order to incorporate the LTD.

We have found 5 companies here that you can try, if you do not have your own office at the moment.

Just say that you need an address for the company (a virtual office):

kontorservice.dk
regus.dk
virtuelt-kontor.dk
symbion.dk
turbino.dk


4:

Information and ID on all persons involved in the company (owners and managing director):


Information:

Name
Address


The danish CPR-number

OR (if a person is not a danish resident)

TIN-nummer (tax ID number)
National ID number


ID:

Scan of passport


The yellow danish yellow health insurance card

OR (if a person is not a danish resident)

A utility bill or private bank statement stating the persons name and private address.


5:

Who will be the managing director?


6:

Who will own the company and with what percentages of shares?


7:

Starting date of activities?


8:

Do we need to register the company for VAT?

NB: Usually if the annual sales exceeds 50.000 DKK, then a VAT registration is needed


9:

Do we need to register the company for employees?


10:

Do we need to register the company for import?


11:


Do we need to register the company for export?


12:

Short description of what the company will do.


13:

What fiscal year do you want?

NB: We recommend the calendar year


14:

How much equity will be needed to establish the company?

Minimum equity for an ApS:

A minimum of 40.000 DKK is needed for an ApS.

The required initial equity capital for the ApS is transferred to the lawyers bank account for verification.

The lawyer then will deduct his fee (1.295 DKK + VAT), and the fee for the government (670 DKK) from the initial equity capital.


15:

Also you will need to make a transfer of the registration costs, which totals:


Price for an ApS:

Our fee for registering a new ApS: 2.000 DKK + VAT
Our fee for adding VAT and employer registration to the company registration, and for submitting the mandatory details about ownership of shares into the public registry of owners: 1.000 DKK + VAT
Fee paid to the government: 670 DKK (no VAT added)
Fee for the lawyer: 1.295 DKK + VAT

In total 4.965 DKK + VAT = 6.038,75 DKK

The required initial equity capital for the ApS of 40.000 DKK is transferred to the lawyers bank account for verification.

The lawyer then will deduct his fee (1.295 DKK + VAT), and the fee for the government (670 DKK) from the initial equity capital.

The remaining amount of 37.711,25 DKK will be transferred to the company’s new bank account, once you have opened a bank account in a danish bank. The bank account needs to belong to the new ApS.

You can then start using the remaining initial equity capital for conducting business.

The money can be used to pay for costs etc., and does not have to be deposited into the bank account after the company registration has ended.

However there are rules that needs to be followed, in terms of what costs you can pay for.

F.ex. it has to be company costs – and owners are not allowed to withdraw money from the account.

Our fee is paid directly to us, prior to initiating the company registration, by making a bank transfer:

Amount to transfer to Dania Accounting: 3.750 DKK

Our bank details:

Bank reg. no.: 2252
Bank account no.: 0747431973
IBAN: DK8520000747431973
SWIFT: NDEADKKK


FAQ

Here you will find a series of podcasts we made, that covers the most frequent asked questions relating to incorporating a new LTD in Denmark:

Do you need a danish bank account when incorporating a limited liability company in Denmark?

What is the company income tax and dividend tax rate for limited liabilty companies in Denmark?

What is an ApS?

Do I actually need an auditor to audit my annual report?

How do you pay tax from your employees salaries?

How to submit invoices to us for booking?

How to pay VAT or how to get a VAT refund?

Do you have any questions to establishing your new ApS?

Please send us an email: info@daniaaccounting.com

Listen to our podcasts, watch our videos, or visit us on social media, and learn more about us, tax, vat, how to start a company and much more:

Videos on Vimeo

Videos on YouTube

Podcasts on SoundCloud

Podcasts on iTunes

Follow us on Facebook

Follow us on LinkedIn

Follow us on Instagram

Follow us on Twitter