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Start your company Denmark

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Why Denmark?

EU holding companies routing global subs

Denmark's participation exemption removes corporate tax on dividends and capital gains from qualifying subsidiaries (10% or more ownership for one year, broader categories), and the 80+ DTA network plus EU Parent Subsidiary Directive give clean repatriation. ApS at DKK 40,000 paid in capital or A/S at DKK 400,000 fit different scales.

Participation exemption80+ DTAsEU PSD 0%

Life sciences, pharma, and biotech founders

Denmark anchors one of Europe's largest life sciences clusters (Novo Nordisk, Lundbeck, Genmab, Bavarian Nordic). The Danish R&D super deduction allows 108% of qualifying R&D costs to be deducted (110% from 2026), Innovation Fund Denmark grants seed and growth funding, and the Medicon Valley network spans Copenhagen to Lund.

R&D super deduction 108 to 110%Innovation Fund grantsMedicon Valley cluster

Renewables, wind, and clean tech operators

Denmark is the world's leading offshore wind base (Ørsted, Vestas, Siemens Gamesa, Cadeler). Energistyrelsen runs structured tender rounds, Danish Export Credit Agency (EIFO) finances internationally, and grid build out for hydrogen and PtX is on a 2030 acceleration plan with state co investment.

Offshore wind baseEIFO export financePtX state co invest

Considerations

If you want to minimise paid in capital

A/S requires DKK 400,000 paid in capital; ApS lowers this to DKK 40,000 but is unfamiliar to some institutional counterparties. There is no statutory minimum below ApS. For lower capital and similar EU passport:

A/S DKK 400,000 paid inApS DKK 40,000 paid inNo EUR 1 vehicle

If your team is fully outside Denmark

Erhvervsstyrelsen filings are bilingual but core accounting, tax, and bank documentation work better in Danish. Annual reports must be filed in Danish or English. For lighter Nordic admin with fully digital flows:

Danish accountant requiredMitID for resident filingsHigher operating cost than EU peers
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