4 ms·
It's quite expensive to start a company in Denmark. You need ~10k eur for a limited liability company (ApS) and to be stock-based you need ~70k eur (A/S). The
by grk 16y ago
It's quite expensive to start a company in Denmark. You need ~10k eur for a limited liability company (ApS) and to be stock-based you need ~70k eur (A/S).
The startup scene is growing, there's a lot of pressure from the government to create new companies. See: http://venturecup.dk/ http://venturecup.dk/ http://www.vf.dk/?sc_lang=en http://www.vf.dk/?sc_lang=en
- davidw 16y agoItaly has the same problem with limited liability companies. I created a modest initiative to attempt to get things fixed: http://www.srlfacile.org/ http://www.srlfacile.org/ I'd be more than happy to link to sister initiatives in other countries!
- Be_Silly 16y agoBut if you have a EU company in one state, another EU country is required to recognise that entity. Sorry i'm not up to navigating the EU legislation search, but there was a recent decision in the German supreme court, which allowed that English Ltd companies could form part of a & Co KG, instead of a local GmBH. Rolls Royce and others promptly made use of that form. i.e. they had to be treated as local naturalized entities. You still have to comply with local regs, normalize your branch status etc etc, but the principle is there. Oh, i'm pretty sure some states will have a paper mountain waiting for you to fill in, but in theory you can register a GBP20 expense (filing fee) Ltd company and trade anywhere. You can also choose your tax domicile accordingly i believe. Not surprisingly this is where i always seek advice, even though once i could reel off the applicable law, statute and case, treaties and quirks. But even expensive advice is rarely that expensive. Certainly not compared with some EU state incorporation procedures which are plain expensive in terms of time.