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 to reassume a company faced with a compulsory dissolution

How to reassume a company faced with a compulsory dissolution

When a limited liability company (in Denmark, most often ApS or A/S) fails to submit the annual report on time, the Danish Business Authority will request the Danish Maritime and Commercial High Court to dissolve...

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What is the bankruptcy procedure for an ApS in Denmark in 2024?

What is the bankruptcy procedure for an ApS in Denmark in 2024?

Almost every person that has ever tried to start their own company, knows the fear of running out of money. When you have a company, the technical term for that, is to go "bankrupt" -...

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