The most usual types of limited liability companies are the limited company (aktieselskab – A/S) and the private limited company (anpartsselskab – ApS).
|Limited Company||Private Limited Company|
|Minimum capital||DKK 500,000||DKK 50,000|
|Board of directors required||Yes||No|
|Residence in Denmark/EU required for management or board of directors*||Yes||Yes|
NB. 1 EUR is approx. DKK 7.45.
* In a limited company the manager and half of the board of directors must be residents of Denmark or of the EU.
The share capital can be paid-in as cash funds or be provided by contributions in kind, such as goodwill, fixed assets, stocks, debtors etc. Contributions in kind must be evaluated by qualified experts, for instance by an auditor.
No registration fee is payable; however, the Danish authorities have notified that financial businesses and institutions in the future might pay a registration fee if the capital of a private limited company equals or exceeds the minimum capital of a limited company, DKK 500,000.