JD Supra Denmark

- Publisher:
- JD Supra
- Publication date:
- 2019-04-29
Publisher
- JD Supra (53)
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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.
- 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”).
Featured documents
- GDPR Update February 2019: Camera Surveillance
In a recent case between the owner of a plot with a number of business premises and the local residents the Dutch Data Protection Authority (the DDPA) ruled that the owner is allowed to protect its property with camera surveillance. The DDPA’s decision provides (practical) insight on the...
- Littler Global Guide - Denmark - Q1 2019
The Danish Stock Options Act has been amended with effect from January 1, 2019, repealing the freedom of contract in relation to employee share schemes. In the previous Act, the reason for termination of employment impacted employees’ rights....
- Denmark DPA Rules on How GDPR Applies to Voice Recordings
The Denmark Data Protection Authority (DPA) ruled on April 11, 2019 that affirmative consent is required when companies record customer telephone calls. ...
- Denmark Order on Nano Products Register Enters Into Force
On June 18, 2014, Denmark’s order concerning a nano products register entered into force. The order imposes annual reporting requirements on manufacturers and importers concerning mixtures and products containing nanomaterials....
- Descendants of Danish well-known scientist could not prevent the use of his name by a large Danish based stated-owned energy company
The descendants of a well-known Danish scientist could not prevent the commercial use of the name ØRSTED as a trademark, domain and company name by the Ørsted Group (former Dong Energy A/S)....
- 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...
- Furniture Store Fined Under GDPR For Failing To Delete Personal Data
If you retain personal data indefinitely, or have not given thought to your retention schedule – now may be the time to take another look. The Danish Data Protection Authority has fined a furniture store 200,000 EUR for failure to delete personal data, not having a data retention schedule and...
- 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 - Q2 2019
Amendments to Concept of Industrial Accidents to Cover “Temporary” Injuries - New Legislation Enacted - The Danish Parliament recently amended the Danish Workers’ Compensation Act for the purpose of, among other things, easing the requirements for when an injury can be recognized as an...
- 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...