Which companies should submit ESG reports in Denmark?
With the growing importance of corporate sustainability and transparency, understanding the mandatory ESG reporting requirements in Denmark is important for businesses to ensure compliance and capitalise on the opportunities presented by comprehensive ESG disclosure.
Incorporation
Tax
VAT
Employees and payrolls
Closure
GDPR
Cash report
Accounting
Audit
Transfer Pricing
Controlled Transactions
Reassumption
Forced dissolution
Holding company
Dividend
Accounting software
Corporate tax
Home office
Budget
Sales invoice
General Meeting
Bankruptcy
Shareholder loan
Description of Accounting Procedure
Tax for Sole Proprietors
ESG
Which companies should submit ESG reports in Denmark?
With the growing importance of corporate sustainability and transparency, understanding the mandatory ESG reporting requirements in Denmark is important for businesses to ensure compliance and capitalise on the opportunities presented by comprehensive ESG disclosure.
What happens if you are considered an employee and not a freelancer or sole proprietor?
In this blog, we discuss what can happen if you are considered an employee and not a freelancer or sole proprietor in Denmark. Proper classification of income is important for complying with Danish labour laws,...
Which insurances are mandatory for your business in Denmark?
In this blog, you can learn which insurances are mandatory for your business in Denmark in 2024 and which insurance that are voluntary. Together with your insurer, it is recommended to look at the needs...
How to choose the best accounting software for your business
Accounting software has become a core function in the modern business world, and it’s easy to understand why. Both large and small businesses in Denmark use online accounting software to simplify or automate most key...
Cash flow budget for 2024 – 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...
What shall a sales invoice in Denmark contain?
When you sell a product or service to a client, you always need to issue a normal invoice, a simplified invoice or a receipt as a Danish business. In this blog, we describe what the...
The business tax scheme in Denmark for 2024
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 corporate...
How to open a company bank account in Denmark in 2024?
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...
How to convert your sole proprietorship to ApS in 2024
Learn how to convert your sole proprietorship to ApS in 2024. There can be many reasons why you would want to convert your sole proprietorship to ApS. Very often, it relates to limited liability or...
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...
Can a consultant invoice through an ApS?
Just because you issue an invoice through an ApS for your consulting services does not necessarily make it a company income. In some circumstances, you might have just put yourself at risk of double or...
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...
How to deduct car costs from tax when using a private car for work and business
We look at two types of car costs when considering tax in Denmark: Driving to and from work in a private car and driving on behalf of a business in a private car. The car...
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...
How to deduct your home office from your taxable income in Denmark in 2024
By calculating the cost of using your home office for your business and then deducting this cost from the profit of your business you can lower the profit of your business thus lowering your tax....
How to start a sole proprietorship in Denmark in 2024?
This 2024 guide explains how to start and register a sole proprietorship in Denmark - also sometimes called a "one-man company" or a "sole trader".
What Accounting and Payroll Services do we offer small business owners?
Headquartered in Copenhagen, Denmark, we specialise 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. If you need 1-2...
How do you pay tax in Denmark as a sole proprietor in 2024?
As a sole proprietor, you make partial payments during the year in ten equal instalments. The ten partial payments during 2024 are estimated and not based on your actual profit. We call this a "self-assessment"...
What company structure should you choose in Denmark in 2024?
The 4 most common company structures in Denmark are: Sole Proprietorship, Limited Liability Company, Branch Office and Registration as a Foreign Company. When you decide between the company structures, you must consider your level of...