How to Understand Your Financial Report Using Financial KPIs
Financial reports are comprehensive documents that provide a detailed overview of a company’s financial position, performance, and cash flows over a specific period, typically a fiscal year or quarter. Financial KPIs in Denmark are essential...
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
How to Understand Your Financial Report Using Financial KPIs
Financial reports are comprehensive documents that provide a detailed overview of a company’s financial position, performance, and cash flows over a specific period, typically a fiscal year or quarter. Financial KPIs in Denmark are essential...
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.
Tax Credit Scheme for Research & Development costs in Denmark in 2025
The Tax Credit Scheme in Denmark is a government initiative designed to improve the cash flow of companies that invest in R&D activities. Under this scheme, companies can receive an advance payment of the tax...
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,...
Why is it important to apply interest on intercompany loans and shareholder loans in Denmark?
In this blog, we examine why it is important to apply interest on intercompany loans and shareholder loans in Denmark in 2025. For loans between related parties, if the interest rate set does not correspond...
How to prepare written Accounting Procedures in Denmark in 2025
In 2025, most companies in Denmark must have written Accounting Procedures in place. The document describing your Accounting Procedures is internal and should not be submitted anywhere unless requested by the authorities. Nevertheless, you should...
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 2025 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...
Transfer Pricing rules in Denmark for 2025
Transfer Pricing rules in Denmark have changed many times over the last couple of years. It is mandatory for larger companies in Denmark to submit Transfer Pricing documentation each year. It was required to prepare...
Cash flow budget for 2025 – 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...
How do you distribute an extraordinary dividend in an ApS
A dividend is part of the profit paid out to a company's shareholders. Capital companies like ApS and A/S can distribute dividends after the first fiscal year ends and the annual report is approved at...
What is a holding company?
A holding company is a limited liability company that primarily owns shares in other companies. The companies that a holding company owns are called operating companies. A holding company in Denmark can be structured as...
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 2025
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 2025?
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 2025
Learn how to convert your sole proprietorship to ApS in 2025. 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...
Why shareholder loans in Denmark are a really bad idea
Shareholder loans can be anything from payments done using the company credit card to pay for a private cost on behalf of a shareholder to salary advances paid to a shareholder when a payslip has...
Corporate income tax, dividend tax and dividends for ApS and A/S in Denmark in 2025
Limited liability companies in Denmark (ApS or A/S) pay corporate income tax on their taxable profits. Denmark's corporate income tax rate is 22% for most limited liability companies in 2025. After corporate income tax is...
How to depreciate tangible and intangible assets in Denmark?
There are two different kinds of depreciation: one relates to accounting rules and the other to tax rules. The accounting rules we follow when we make a financial report. The tax rules we follow when...
What Accounting and Payroll services do we offer large Enterprises?
Our Enterprise clients include both privately held firms and publicly listed entities on NASDAQ and First North. With experience serving over 2.000 clients over 25 years, our team is skilled in addressing a wide variety...
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 2025
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 pay taxes for employees in Denmark in 2025?
As an employer in Denmark, you must withhold tax from the payroll on behalf of your employees. The amount of tax to withhold from the payroll is calculated by the Danish Tax Agency in advance...
How to start a sole proprietorship in Denmark in 2025?
This 2025 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 and Medium-sized Enterprises?
Our clients also include a wide range of Small and Medium-sized Enterprises (SMEs), from startups to established companies across various industries. We specialise in helping clients get their Accounting, Payroll Management, Annual Reports and Tax...
How do you pay tax in Denmark as a sole proprietor in 2025?
As a sole proprietor, you make partial payments during the year in ten equal instalments. The ten partial payments during 2025 are estimated and not based on your actual profit. We call this a "self-assessment"...
What company structure should you choose in Denmark?
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...