Transfer Pricing rules in Denmark for 2022

Transfer Pricing rules in Denmark have changed many times over the last couple of years. It is now mandatory for larger companies in Denmark to submit Transfer Pricing documentation each year. It was required to...

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Transfer Pricing rules in Denmark for 2022
Cash flow budget – and why having one matters for your business

Cash flow budget – and why having one matters for your business

A budget isn’t just an expense-cutting tool; it can help you grow your business by providing you with the structure you need to make smart financial decisions. By creating a cash flow budget, you can...

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Repayment of VAT loans: How to create a repayment plan for up to 24 months without asking the tax office

Repayment of VAT loans: How to create a repayment plan for up to 24 months without asking the tax office

In this blog, we show you how to create a repayment plan for up to 24 months that covers all your existing (Covid-19) VAT loans which are due in April 2022. The repayment plan can...

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What shall a sales invoice in Denmark contain?

What shall a sales invoice in Denmark contain?

When you sell a product or service to a client, you always need to issue either a normal invoice, a simplified invoice or a receipt. In this blog, we describe what the rules are.

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The business tax scheme in Denmark

The business tax scheme in Denmark

The business tax scheme is a particular tax scheme in Denmark you can use as a sole proprietor to lower or postpone your income tax. The business tax scheme enables you to use the company...

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How to open a company bank account in Denmark?

How to open a company bank account in Denmark?

In this blog, we will explain how you can open a company bank account in Denmark for your company. It is getting very hard for companies to get a company bank account in Denmark but...

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How to convert your sole proprietorship to ApS in 2023

How to convert your sole proprietorship to ApS in 2023

Learn how to convert your sole proprietorship to ApS in our blog here. There can be many reasons why you would want to convert your sole proprietorship to ApS. Very often, it relates to limited...

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What is the difference between freelancer, self-employed and employee?

What is the difference between freelancer, self-employed and employee?

What is the risk for you and your client if it turns out you are an employee and not a freelancer or self-employed (sole proprietor)? Well, first of all, your client could face both a...

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Can a consultant invoice through an LTD (ApS)? – and why it can get VERY expensive in tax if you get it wrong!

Can a consultant invoice through an LTD (ApS)? – and why it can get VERY expensive in tax if you get it wrong!

In general, you can say, that just because you issue an invoice through an LTD for your consulting services, that does not necessarily make it a company income. In some circumstances, you might have just...

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How to scan your invoices to e-conomic using the e-conomic app

How to scan your invoices to e-conomic using the e-conomic app

We have made a guide for you here that shows how to scan your invoices to e-conomic using the e-conomic app. It is very helpful for us when you scan your invoices since we can...

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How to deduct your transportation costs from home to work in your taxable income

How to deduct your transportation costs from home to work in your taxable income

To determine whether or not you can deduct transportation costs from your home to your work in your taxable income (this type of deduction is called "befordringsfradrag" in danish), then you need to calculate the...

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What can you deduct in VAT when driving a van for your company?

What can you deduct in VAT when driving a van for your company?

A van used for transporting goods or tools for your company is eligible for VAT deductions when the company is registered for VAT, but the rules are different depending on the maximum payload of the...

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How to deduct a home office in your personal taxable income in Denmark

How to deduct a home office in your personal taxable income in Denmark

First off, in order to deduct the cost of using your home office for your business from your personal taxable income and thereby lowering your personal income tax, you must change the physical appearance of...

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How to start a sole proprietorship in Denmark?

How to start a sole proprietorship in Denmark?

This guide explains the process of how to start and register a sole proprietorship in Denmark - also sometimes called a "one-man company".

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What do we offer small business owners?

What do we offer small business owners?

Headquartered in Copenhagen, Denmark, we specialize in helping customers get their accounting, payroll, annual report and tax returns done accurately and on time, at a fair price, while still being compliant.

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Tax in Denmark as a sole proprietor (B-tax)

Tax in Denmark as a sole proprietor (B-tax)

If you have your own business, a sole proprietorship, you make partial payment during the year in ten equal instalments. The ten partial payments are estimated and not based on your actual profit. We call...

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