JD Supra Denmark

Publisher:
JD Supra
Publication date:
2019-04-29

Publisher

Latest documents

  • Establishing a Business Entity in Denmark (Updated)

    1 TYPES OF BUSINESS ENTITIES - There are several forms of business entities in Denmark and there are a wide range of possibilities for establishing a business entity in Denmark. The most suitable entity depends on a variety of factors, such as nature of the business, the expected activity level, the extent of liability and tax matters. The following will review different possibilities of establishing business entities in Denmark.

  • Establishing A Business Entity In Denmark (Updated)

    1 TYPES OF BUSINESS ENTITIES - There are several forms of business entities in Denmark and there are a wide range of possibilities for establishing a business entity in Denmark. The most suitable entity depends on a variety of factors, such as nature of the business, the expected activity level, the extent of liability and tax matters. The following will review different possibilities of establishing business entities in Denmark. Please see full Chapter below for more information.

  • Establishing A Business Entity In Denmark (Updated)

    1 TYPES OF BUSINESS ENTITIES - There are several forms of business entities in Denmark and there are a wide range of possibilities for establishing a business entity in Denmark. The most suitable entity depends on a variety of factors, such as nature of the business, the expected activity level, the extent of liability and tax matters. The following will review different possibilities of establishing business entities in Denmark. 1.1 Limited Companies - The limited companies are characterised by the shareholders liability is limited to the capital invested in the company. The shareholders will not be liable for the obligations of the limited company. The shares in the Public Limited Company (Aktieselskab – A/S) may be offered to the public. It is only the Public Limited Company which can be listed on a regular or alternative market. The Public Limited Company is also the most regulated entity in Denmark. The nominally share capital in the Public Limited Company must be at least 400,000 DKK and the nominally share capital in the Private Limited Company (Anpartsselskab - ApS) must be at least 40,000 DKK. The Private Limited Company is quite similar to the Public Limited Company, but it is less regulated, and the company cannot be listed on a regular or alternative market. The limited companies are the most common entities for foreign investors. Please see full Chapter below for more information.

  • Data Transfers from Europe: New Draft SCCs Published and Regulator Guidance Issued on Schrems II Privacy Shield Decision

    The EDPB has issued recommendations concerning how organisations may lawfully transfer personal data from Europe to “third countries” (e.g., the U.S. and currently the UK from 1.1.2021) in light of the recent Schrems II judgment. The European Commission has also now finally released new draft SCCs bringing them up to date with the EU General Data Protection Regulation (GDPR). Since the Schrems II decision, businesses have been in a quandary as to what to do regarding international data transfers.

  • 2020 Global Cannabis Guide Chapters - Denmark

    A. Is there any pending legislation that could materially alter applicable statutes or regulations? On January 1, 2018, a four-year medicinal cannabis pilot program (the Programme) was introduced. The Programme is governed by the Danish Act no. 1668/2017 on the Medicinal Cannabis Pilot Programme, as amended (the Act). Parallel to the Programme, a four-year development scheme was also introduced.

  • Supreme Court of Denmark Holds Employer Cannot Set Off Sickness Benefits Reimbursement Against Worker’s Salary

    The Supreme Court of Denmark has decided a case in which an employer was unable to claim a refund of sickness benefits from the municipality because the employee had failed to complete forms required by the municipality.

  • High Court of Denmark Rules on Compensation for Loss of Commission During Holidays

    The Maritime and Commercial High Court in Denmark ruled on the approach that employers can take when calculating compensation for loss of commission during holiday.

  • Implementing China’s New Foreign Investment Law, Part One: Reporting Requirements

    The first installment of a series of alerts focusing on practical issues relating to China’s new Foreign Investment Law. The law institutes new reporting requirements for foreign investors.

  • DENMARK: Salary Compensation Scheme and Alternatives to Dismissals in Light of COVID-19

    On March 14, 2020, the Danish Government and the social partners reached an agreement on partial salary compensation for Danish companies, which are or will be temporarily releasing their employees from work with full pay (the “Salary Compensation Scheme”).

  • Danish Data Authority Issues Guidance On COVID-19 Data Disclosure

    Danish Data Protection Authority Datatilsynet weighs in on the Coronavirus and GDPR: What an employer can ask the employee to disclose and what the employee is obliged to disclose are issues that are governed by employment law rules and any public law rules on health, etc...

Featured documents

  • Guideline Published for the Danish Inventory of Nanoproducts

    In August 2014, the Danish Environmental Protection Agency published the Guideline for the Danish Inventory of Nanoproducts, which is intended to explain how manufacturers and importers of products for consumers should use the new Inventory. The Guideline describes who has a duty to report; which...

  • Littler Global Guide - Denmark - Q2 2018

    Amendment to Working Environment Act Encourages Employees to Speak Openly - New Legislation Enacted - As of July 1, 2018, the Danish Working Environment Act will permit the Danish Working Environment Authority to meet with employees outside the presence of their employer....

  • Picture Picture On The Wall: Danish DPA Takes New Position On The GDPR Legal Basis For Posting Online Photos

    The Danish Data Protection Authority has changed its position regarding the legal basis for posting pictures online under the General Data Protection Regulation (GDPR). Rather than a distinction between "situational" and "portrait" pictures, Datatilsynet now requires a case-by-case analysis....

  • Establishing A Business Entity In Denmark (Updated)

    1 TYPES OF BUSINESS ENTITIES - There are several forms of business entities in Denmark and there are a wide range of possibilities for establishing a business entity in Denmark. The most suitable entity depends on a variety of factors, such as nature of the business, the expected activity level,...

  • Site Inspection in Denmark

    If you need a site inspection at a location in Europe (Denmark, for example) to document evidence in a case, a skilled videographer is essential for an effective recording. Europe is a popular destination, and while researching vacation spots and historical sites can be fascinating, the idea of...

  • Littler Global Guide - Denmark - Q3 2018

    Act on Protecting Trade Secrets- New Legislation Enacted- The new Act on Protecting Trade Secrets is based on an EU-directive, which aims to streamline and strengthen the effort on trade secrets within the EU....

  • Cell Phone Geolocation Evidence May Be Off the Mark (At Least in Denmark): eDiscovery Trends

    If you watch Dateline, 20/20, 48 Hours or any other news program that covers notable crime stories, one trend has become more and more common – the use of cell phone/mobile device geolocation data to put alleged criminals at the scene of the crime (or at least very close to it). We consider these...

  • Establishing a Business Entity in Denmark (Updated)

    1 TYPES OF BUSINESS ENTITIES - There are several forms of business entities in Denmark and there are a wide range of possibilities for establishing a business entity in Denmark. The most suitable entity depends on a variety of factors, such as nature of the business, the expected activity...

  • Brussels Regulatory Brief: September/October

    On 11 September, TeliaSonera and Telenor have abandoned the proposed merger of their business units in Denmark. The contemplated transaction would have resulted in the establishment of a joint venture active in the provision of mobile telephony, fixed telephony and broadband internet services in...

  • 2018 Global Employee Equity at a glance: Denmark

    Welcome to the Denmark page of our Global Employee Equity at a glance series. Stock Option Plans: Employment - Labor Concerns - The Danish Stock Option Act (the "Act") generally allows an employee whose employment is terminated by the Subsidiary for any reason other than misconduct to...

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