Denmark is a great country both for living and for doing business. This affirmation is supported by a large number of world ranking and awards received by the country in terms of quality of life, resident happiness, ease of doing business and business innovation. Our lawyers in Denmark talk about some of these awards that have been received in recent years.
According to Danish Tax Minister, Karsten Lauritzen, the tax burden will continue to decrease in the coming years. This trend is already visible, as the tax burden downgraded from 47 percent in 2013 to 45 percent in 2017. One of the major changes that have encouraged this shift was the reduction of the corporate income tax.
The Danish Government plans to reduce the tax appeal waiting times. According to a recent statement in this sense from the Danish Tax Minister, the average appeal time could be reduced from 23 months to just 12 months. The change would be welcomed not only for the parties concerned but also in order to improve the overall legal and tax system. Our team of lawyers in Denmark can assist you in all cases involving disagreements in taxation matters.
Exports play a big role in the Danish economy which is why the government is considering expanding export activities. Moreover, the most recent analyses indicate a bright future for Danish companies in the trading industry which could increase their activities of 5.2% by the end of the year. Next year also looks good with a projected growth of 4.5%. Our law firm in Denmark can assist foreign entrepreneurs who want to start export business in this country.
Denmark is one of the most innovative economies in Europe which is why modern technology has found its way in many branches of the services sector. The number of Danish companies using technology to offer online payment solutions or robo-advisory services has increased considerably in the past year which why the government has signed a fintech cooperation agreement with Singapore, one of the most advanced countries in Southeast Asia in terms of financial technology. Our lawyers in Denmark can assist foreign investors who want to open fintech companies here.
The Global Connectivity Index (GCI) which is issued every year by one of the largest telecommunication companies in the world has placed Denmark on the 6th position in this year’s report. Moreover, Denmark outranked most countries in all the five sub-indexes composing the report. Foreign investors who want to open a company and need assistance can request the help of our lawyers in Denmark.
As we all know production needs a lot of energy and Danish companies are starting to increase their production while reducing the costs related to the use of energy for manufacturing their products. In order to reduce energy-related production costs, the Danish government has implemented various green energy schemes which have transformed the country into one of the most competitive states in Europe in terms of energy production and supply. Our lawyers in Denmark can offer details on the Energy Law.
A few years back, the Danish government enabled a new type of structure called the entrepreneurial limited company (IVS) which was designed for small enterprisers. The same business form is appropriate for startups which is why the number of IVS doubled in the last two years. Our lawyers in Denmark can assist foreign entrepreneurs interested in starting a business in this country.
Denmark is one of the most developed economies in Europe thanks a to a series of factors which contribute to its good reputation when it comes to attracting foreign talent. This is how Copenhagen has become the best city in the world in terms of attracting and retaining talent, according to the 2017 Global Talent Competitiveness Index. Our lawyers in Denmark can offer full information on the employment legislation in the country.
Denmark is a country known for using advanced technologies in most of its industries and 2017 comes with a new premiere: the introduction of high-tech programs in the food industry. This started at the beginning of this spring when one of the most appreciated food tech companies entered the Danish market and thus setting a trend for the launch of other similar businesses. Our Danish lawyers can assist foreign investors interested in starting a business in this country.
Denmark is one of the most developed and well-performing economies in Europe. This year it has also managed to obtain the first position in the Digital Economy and Society Index (DESI) as a consequence for the possibility offered to companies to test and develop new technology. Foreign investors interested in starting a business in this country, can rely on the services provided by our lawyers in Denmark.