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Selling on - Denmark

Updated 12/2012

Legal requirements

When  taking over a new business, the new owner generally assumes all the liabilities, including any relating to employees. They immediately assume the rights and responsibilities in force at the time of takeover in relation to collective wage agreements.

Taking over an existing company is a worthwhile alternative to setting up a new business.

Administrative procedures

There are no actual procedures in place for selling a business in Denmark.
There is freedom of contract, which means that the parties can enter into agreements on terms they define themselves. However, these must comply with company law in areas such as non-discrimination, etc.

Business transfer procedures

You must notify the Danish tax authorities of all purchases and sales of shares, etc.

  • SKAT dansk

Any changes to conditions that affect the company's statutes must be reported to the Danish Commerce and Companies Agency.

  • Changes to statutes dansk

Resources

The Virk.dk website gives access to reports and business-related information issued by public authorities.

  • Virk.dk dansk

Check also the legislation on this topic in:

  • References

    Legal texts

    • Ministry of Employment legislation dansk
    • The Danish Business Authority's legislation dansk

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The Enterprise Europe Network provides businesses with information and advice through its local contact points. 

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Further help

There is an incubation unit in each of Denmark's five regions, where you can obtain advice.

  • Incubation unit dansk

The basic registration of companies is done at the Danish Commerce and Companies Agency. This is where a company is set up or founded.

  • The Danish Business Authority dansk
  • SKAT dansk