Company Due Diligence in Denmark

Company Due Diligence in Denmark

Updated on Thursday 19th October 2017

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Company-due-diligence-in-DenmarkStarting a company in a foreign country is not easy, however when reaching an agreement with another company and setting up a joint venture seems simpler. Before going into business with another company, it is advisable to have it verified. This process is called company due diligence and it is very common in Denmark.

During the last several years, Denmark has become an attractive investment destination and the number of foreign companies asking for company due diligence procedures have increased as a consequence of the merger and acquisition transactions taking place.

If you are interested in opening a new company in this country, you can rely on the services provided by our law firm in Denmark.

What are the steps of a correct company due diligence process in Denmark?

No matter the reason an individual or company has asked for company verification in Denmark, there are a few steps which must be completed in order to have a full, but of all correct picture of the situation. The steps to follow when asking for company due diligence related to a Danish business are:

  • -          seeking for assistance in the right place, like a law firm or specialized company;
  • -          verifying the information with the Danish Trade Register;
  • -          verifying the information based on its relevance for the case.

In the case of mergers and acquisitions, one must also make sure the legal requirements are complied with. Also, spending time in the Danish company to be purchased can help in the company due diligence.

Documents to be revised when asking for company due diligence in Denmark

Choosing to verify a Danish company is easy, however, the company due diligence procedure can be lengthy and hard unless one knows from the start what to look for. This is why requesting assistance from Danish lawyers, for example, can be of great help.

Among the documents our attorneys recommend having verified when conducting company due diligence in Denmark are:

  • -          the company’s incorporation documents;
  • -          the financial records;
  • -          the assets and debts of the company;
  • -          the contracts signed by the company, when and if possible;
  • -          the history of the company.

For company due diligence services, please feel free to contact our lawyers in Denmark. You can also rely on us if you want to set up a company in Denmark.