How LLP is Different from LLC, General and Limited Partnership Company?

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Have you ever come across terms like this – ‘Tom & Harry LLP’? Of course, you have unless you have been living under a rock so far. LLP or Limited Liability Partnership is one of the most popular company types as it comes loaded with numerous benefits. Now, before we start discussing about the advantages […]

Why It Is So Tough to Set Up An Offshore Company in China (An Insider Analysis)

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The meteoric rise of China as the Global Economic powerhouse has not gone unnoticed by global investors and business owners but surprisingly only a handful of big corporate giants have managed to make a foray into China’s market.  Small investors have failed spectacularly especially when they decided not to take help from professional offshore company […]

Denmark Company Liquidation

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Page 9. “Denmark Company Liquidation” INSOLVENCY A  limited  company  and  other  legal  entities  can  be declared  bankrupt,  or  may  enter  into  solvent  liquidation. Upon completion of the bankruptcy proceedings  or  liquidation,  the  legal  entity  ceases  to exist. To avoid bankruptcy, a company may seek an arrangement with its creditors. Restructuring A limited company or any […]

Profit and tax in Denmark

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Page 8. “Profit and Tax in Denmark” Corporate taxation Unlimited tax liability A  corporation  is  resident  in  Denmark  for  tax  purposes if it is incorporated in Denmark and registered in the Companies Register as having a Danish place of business. Further, foreign companies having their actual place of management in Denmark are also tax resident […]

Danish Business Environment

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Page 7. “Danish Business Environment” BUSINESS ENVIRONMENT When  doing  business  in  Denmark,  you  would  be subject to general business regulations, such as the Sales of Goods Act, the Contracts Act, the Competition Act  and  the  Data  Protection Act. This  chapter summarises the general principles of these statutes. Principles of contract law Danish  law  would  not  […]

Intellectual Property in Denmark

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Page 6. “Intellectual Property in Denmark” INTELLECTUAL PROPERTY The system for the protection of intellectual property rights is well-developed in Denmark. Business names,  trademarks,  inventions  and  designs  can  be protected  against  competitors  by registration.  The intellectual  property  rights  mentioned  above  may often be licensed, however, there are no specific laws governing licensing. Denmark  is  a  […]

Property and Environment in Denmark

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Page 5. “Property and Environment in Denmark” PROPERTY AND ENVIRONMENT Land  and  property  can  be  either  leased  or  owned according to Danish law. The statutes applicable to leases and purchases of land and property are generally made to protect respectively the lessee or the purchaser of land and property. The operations of a business may […]

Denmark Employment

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Page 4. “Denmark Employment” Denmark Employment The terms of an employment contract in Denmark will be governed by law, collective bargaining agreements  and  individually  negotiated  agreements. Some mandatory provisions are made to protect employees and to regulate e.g. working hours, holidays, dismissals, unfair dismissals and dispute resolution. You may consider the appointment of an agent, distributor […]

Danish business with others

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Page 3. “Danish business with others” Establishing a Danish business with others Rather  than  establishing  a  fully  owned  subsidiary, you may want to establish business in cooperation with  a  local  partner. This  can  be  done  directly  by establishing a joint venture, a limited liability company, a partnership or a limited partnership; or indirectly by the […]

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