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How to set up a business in Denmark

Get an introduction on how to set up a business in Denmark. You will also find information on where you can get help and personal guidance.

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Denmark is one of the easiest countries in the world to start a business in. However, it is important that your company fulfill certain requirements and that it is registered correctly.

Here, you will get a brief introduction on how you set up and register a business in Denmark. 

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Residence requirements, before you start

Ukrainian citizens need to fulfill certain residence requirements before they can set up a business in Denmark. For example, it is a requirement to obtain a residence permit and a civil registration number - also known as a CPR-number.

You can find information on how to obtain a residence permit at the website newtodenmark.dk.

Get information about how to obtain a residence permit in DenmarkÅbner link i ny fane

If you need help with getting a CPR-number or if you have other related questions, e.g.  how to get a bank account or how to pay taxes, you can find the information at the website, JobguideUkraine.dk

Learn more about how you get a CPR-number, bank account, etc. Åbner link i ny fane

Step-by-step guide to set up a business

When you are ready to set up your business, it is important that you do it correctly and in accordance with the Danish law. 

At businessindenmark.dk, you can use a step-by-step guide in English that takes you through the process of setting up a business.

Use the guide to set up a business at businessindenmark.dkÅbner link i ny fane

The first step of setting up your business is deciding what kind of company type, you want to register. Ukrainian citizens with a permanent address in Denmark can register various company types.

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What should you consider, when you start a business?

Starting a business does not come with a guarantee of success. All entrepreneurs could therefore benefit from asking themselves these questions before they start:

  • What is my service or product?
  • Why do I believe it is commercially viable?
  • How do I expect to make money on my business?

Start out by describing the essentials of your business – write it down in simple words. This can be done in a business plan.

A business plan should cover basic commercial and financial aspects about your product or service. It is also important that it includes a realistic budget. This is useful because commercial banks etc. often require that entrepreneurs have a business plan before the bank can offer a loan.

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