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Well it is cheaper than Denmark. If you want the company to assume liability they have to have at least 160000kr - which is something like $32000. Not all of it
by tomjen2 17y ago
Well it is cheaper than Denmark. If you want the company to assume liability they have to have at least 160000kr - which is something like $32000. Not all of it has to be in cash, but there has to be enough to pay taxes of any income including the initial founds.
Now if you are prepared to assume the liability yourself it gets a lot cheaper, but at that point why start a company.
- bjelkeman-again 17y agoIf it is anything like in Sweden, you start a company even with the full liability (sole trader/enskild firma) because it has tax advantages. It then cost about USD 145 and was dead simple.
- tomjen2 17y agoSure tax gets much simpler that way, but given that I can start a company in the UK for a pound, it feels foolish to do it in Denmark (could also be that I love London more than Denmark).