Denmark offers foreign investors different ways for setting up a company.
Denmark offers …
- A range of corporate forms to set up a company in Denmark
- Quick, informal and cost-efficient incorporation procedures
- Online incorporation of new companies within a few hours
- No resident requirements for managing directors or members of board directors
- Shareholders' and board meetings can be held electronically
- Dividends can be distributed on an interim basis
- No notarial deeds
- Danish company law in conformity with current EU legislation
Joint Venture
A joint venture is a special business vehicle often used by companies of different nationality to carry out specified business activities. If the corporate form of the joint venture is a legal entity which requires registration, such registration must be completed. A joint venture is often established in the corporate form of an A/S, an ApS or a general partnership. There is no separate legislation on joint ventures.
Danish Stock Company – A/S
Geared towards middle-sized and large companies. Only an A/S may be listed on the Copenhagen Stock Exchange.
- Capital requirements: Min. DKK 500,000 ($100,000).
- Liability: Limited to the value of shares subscribed.
- Management: Mandatory two-tier system. A Supervisory Board of minimum 3 persons, and at least one CEO. No requirements apply as to the residency of the members of the Executive Board or CEO and Supervisory Board.
- Tax: Corporate income tax rate of 25%
Danish Limited Liablity Company – ApS
Perfectly suited for small and middle-sized companies. Must still be registered at the Danish Commerce and Companies Agency.
- Capital requirements: Min. DKK 125,000 ($25,000).
- Liability: Limited to the value of shares subscribed.
- Management: Optional one- or two-tier systems with either a Supervisory Board or an Executive Board (CEO), or both. No requirements apply as to the residency of the members of the Executive Board or CEO and Supervisory Board.
- Tax: Corporate income tax rate of 25%
I think it should say limited liability company
Great overview of the different company forms
I wish to establish a JV Co,.in your country.