As an entrepreneur, you are no longer bound by Denmark’s borders. Thanks to the internet and increased transparency, you as a Danish entrepreneur can choose which country you would like to start your business in.
It is still complex to live in Denmark and do business in another country-not least because of the tax complications it entails. But are you willing to move up the tent pegs you have the opportunity to start where the terms of doing business for tax, cheap labor, access to cheap electricity or a completely fourth terms are better than in Denmark.
We guide here to your obvious possibilities.
Estonia’s e-citizen opportunity
Since 2014, Estonia has made it possible to become an ”e-citizen” and start a business in the Baltic country.
Estonia has a digital infrastructure Denmark can look enviously at and low taxes.
Especially IT entrepreneurs have been in mind with Estonia’s e-citizen initiative. Unfortunately, there are no figures on how many entrepreneurs have actually taken on the opportunity besides 4000 applied during the first 18 hours.
It costs almost 400 kroner to apply to become an e-citizen in Estonia.
Germany
In Germany, you have the opportunity to easily establish a GmbH-a company reminiscent of a cross between the Danish limited liability company and the entrepreneurial company.
Only significant complication is, you have to go a day to Germany, since the German authorities require you to be present at a notary while he reads out the company’s statutes and founding documents for you. It is annoying and expensive, but hardly changes for the time being.
Germany with 80 million inhabitants, is a huge and exciting market for Danish companies. Others are moving down because of legislation. Otherwise, the Danish e-cigarette shop Xsmokeholder now in Germany as a result of the strict rules.
Luxembourg
Luxembourg-the small principality in the middle of Europe-has previously been a popular country to settle in for European companies.
This is particularly related to previous rules on sales tax and sales tax. If you sold digital products to Denmark, it was the seller’s country that determined the VAT. In Luxembourg, VAT is low. This means that your product – for example hosting, e-books or other digital – is now cheaper than with your Danish competitors. It offers a great competitive advantage.
However, the ”gap” is closed now and the advantage can therefore not be claimed.
Sweden
Last but not least, Sweden and the possibility of founding a stock company should also be mentioned.
This does not require a meeting in Sweden, but can be handled by a skilled lawyer or accountant.
There are most advantages to registering in Sweden either if you are going to do business for Swedes or you are going to sell many books. Books in Sweden are exempt from VAT in order to make them more attractive to the population – something that is regularly discussed in Denmark.
Summary
Article
How to easily start Company in other country-online
Description
As an entrepreneur, you are no longer bound by Denmark’s borders. Thanks to the internet and increased transparency, you as a Danish entrepreneur can choose which country you would like to start your…
Author
Martin M. Jørgensen & #13;
Publisher Name
IT-Artikler. dk
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Written d. 20 jan 2016 – 1 Comment
