Should you use the Danish Financial Statements Act, GAAP or IFRS in Denmark?

In Denmark, whether a company uses the Danish Financial Statements Act, GAAP (Generally Accepted Accounting Principles) or IFRS (International Financial Reporting Standards) for its annual reports depends on the size of the company and whether...

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Should you use the Danish Financial Statements Act, GAAP or IFRS in Denmark?
How do you distribute an extraordinary dividend in an ApS in 2024?

How do you distribute an extraordinary dividend in an ApS in 2024?

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...

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What is a holding company?

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...

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How do you prepare minutes from your Annual General Meeting in 2024?

How do you prepare minutes from your Annual General Meeting in 2024?

If you are the director and or shareholder of a Danish limited liability company - either an ApS or A/S - then you will need to approve the annual report for the company once per...

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Corporate income tax, dividend tax and dividends for ApS and A/S in Denmark in 2024

Corporate income tax, dividend tax and dividends for ApS and A/S in Denmark in 2024

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 2024. After corporate income tax is...

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