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
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,...
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...
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...
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 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...
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...
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 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"...