Taxation

in Denmark

Denmark has a favourable tax climate with a corporate tax rate of 25 percent and key employees and researchers recruited abroad pay a lower individual tax for the first 5 years. Foreigners living and working in Denmark also benefit from the Danish welfare system.

Corporate taxation

Key advantages of Danish Corporate Taxation rules:

Corporate tax rate of 25 percent, which is below the average in Europe. The effective rate is less, as business expenses and depreciations are tax deductible
Virtually no social security contributions for employers as opposed to many other countries
No capital duty, share transfer duty, nor wealth taxes
Dividends may generally be received/distributed without tax
Unlimited loss carry forward

For more detailed information on Danish corporate taxation rules, please download our factsheet Corporate Taxation in Denmark.

Special taxation for high salaried experts

A special taxation scheme is available is available for high salaried expats. The scheme enables the expat to pay a reduced income tax of 26% for up to 5 years.

Contact us for more information on taxation in Denmark.