Transfer Pricing rules in Denmark for 2022

Transfer Pricing rules in Denmark have changed many times over the last couple of years. It is now mandatory for larger companies in Denmark to submit Transfer Pricing documentation each year. It was required to...

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Transfer Pricing rules in Denmark for 2022
Transfer Pricing rules in Denmark for 2022

Transfer Pricing rules in Denmark for 2022

Transfer Pricing rules in Denmark have changed many times over the last couple of years. It is now mandatory for larger companies in Denmark to submit Transfer Pricing documentation each year. It was required to...

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Controlled transactions in 2022 – What is your obligation as a majority shareholder?

Controlled transactions in 2022 – What is your obligation as a majority shareholder?

Majority shareholders which are physical persons and who are limited or fully tax residents in Denmark must submit a special declaration each year to the Danish Tax Agency regarding controlled transactions.

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How do you distribute an extraordinary dividend in an ApS?

How do you distribute an extraordinary dividend in an ApS?

A dividend is part of the profit that is paid out to the shareholders of a company. Capital companies like ApS and A/S can distribute dividends after the first fiscal year has ended and the...

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What is a holding company?

What is a holding company?

A holding company is defined as a limited liability company that primarily owns shares in other companies. The companies that are owned by a holding company is called operating companies. A holding company in Denmark...

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What shall a sales invoice in Denmark contain?

What shall a sales invoice in Denmark contain?

When you sell a product or service to a client, you always need to issue either a normal invoice, a simplified invoice or a receipt. In this blog, we describe what the rules are.

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The business tax scheme in Denmark

The business tax scheme in Denmark

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 company...

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What is the difference between freelancer, self-employed and employee?

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...

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Can a consultant invoice through an LTD (ApS)? – and why it can get VERY expensive in tax if you get it wrong!

Can a consultant invoice through an LTD (ApS)? – and why it can get VERY expensive in tax if you get it wrong!

In general, you can say, that just because you issue an invoice through an LTD for your consulting services, that does not necessarily make it a company income. In some circumstances, you might have just...

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Why shareholder loans in Denmark is a really bad idea

Why shareholder loans in Denmark is 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...

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Company income tax, dividend tax and dividend for limited liability companies in Denmark in 2022

Company income tax, dividend tax and dividend for limited liability companies in Denmark in 2022

Limited liability companies in Denmark (ApS or A/S) pay company income tax on their taxable profits. The company income tax rate in Denmark is 22% for limited liability companies (2022). After company income tax is...

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How to depreciate tangible and intangible assets in Denmark?

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...

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What do we offer corporate clients?

What do we offer corporate clients?

Dania Accounting provides accounting services, payroll services, and other services to corporate clients based in Denmark. We ensure your accounting remain efficient, accurate, streamlined and compliant. We work together with most of the major audit...

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How to deduct your transportation costs from home to work in your taxable income

How to deduct your transportation costs from home to work in your taxable income

To determine whether or not you can deduct transportation costs from your home to your work in your taxable income (this type of deduction is called "befordringsfradrag" in danish), then you need to calculate the...

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How to deduct a home office in your personal taxable income in Denmark

How to deduct a home office in your personal taxable income in Denmark

First off, in order to deduct the cost of using your home office for your business from your personal taxable income and thereby lowering your personal income tax, you must change the physical appearance of...

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Tax in Denmark as a sole proprietor (B-tax)

Tax in Denmark as a sole proprietor (B-tax)

If you have your own business, a sole proprietorship, you make partial payment during the year in ten equal instalments. The ten partial payments are estimated and not based on your actual profit. We call...

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