Sole proprietorship in Denmark - Personligt ejet mindre virksomhed (PMV) Thinking about starting your own business in Denmark, but not sure if it's the right time? 💭 With PMV - Personligt Ejet Mindre Virksomhed, you can try your hand at business without a lot of costs, without much red tape and without obligations at the start. 🚀 It's the perfect solution....Read More

Briefly and to the point about commuting deductions: If you commute more than 24 kilometers to and from work (i.e., more than 12 kilometers one way), you are entitled to deduct commuting expenses from your taxes (according to the current rates for the year, which are set by the Danish tax authority SKAT) regardless of what mode of transportation you use (car, scooter, bicycle,...Read More

We will try to tell you about B-Skat in an easy way below, along with practical examples. What is B-Skat ? B-skat is a type of tax you pay if you have an income called B-indkomst. B-Skat in the case of a sole proprietorship: ➤ is calculated on the basis of the expected profit (or loss) of the company in a given calendar year, ➤ you pay the tax yourself most often in...Read More

Denmark is known for its high level of taxation. The tax cap in 2024 is 52.07 percent, which is the maximum rate that can be deducted from income. Researchers and highly paid employees can claim permanent taxation on their income under the Tax scheme for researcher (Denmark's Forskerskatteordningen) The program aims to attract international talent....Read More

Many Danes and people residing in Denmark have problems paying their bills on time. This is shown in a semi-annual report by Experian, which owns and operates the RKI registry. As of the end of June 2023, 173,000 people over the age of 18 were registered in the RKI, an increase of about 2,100 since the beginning of the year. The age group, in...Read More

The percentage of women seeking shelter and assistance in women's crisis centers (known as krisecentre) increased again last year. According to data released today by Statistics Denmark, a total of 3,000 women and 2,300 children were housed in women's crisis centers in 2022. This represents a 12 percent increase from 2021. The vast majority of women were housed in centers....Read More

Brief and to the point about family benefits: You are working legally in Denmark, you are entitled to family benefit for children under the age of 18 on the same basis as Danish citizens. The children do not have to reside in Denmark. It is sufficient that one of the parents works in Denmark either seasonally or permanently. How much I am entitled to...Read More

Briefly and to the point about FeriePenge: Feriepenge is otherwise known as vacation pay, which is due to every person working legally in Denmark. An employee receives about 2.08 days of vacation for each month worked. On an annual basis, this makes a total of 25 days, or 5 weeks of vacation. How much FeriePenge am I entitled to? FeriePenge is calculated at 12.5% on gross salary....Read More

Briefly and to the point about traffic fines: We can receive a fine if we commit a traffic offense and the Danish police stop us in the act, i.e., for example, when we drove through a red light or talked on the phone while holding it to our ear while driving, and the police were controlling traffic at that point. Much more often, we can receive a fine....Read More

Briefly and to the point about FeriePenge and Ferielov: Feriepenge is otherwise known as vacation pay, which is due to every person working legally in Denmark. Approximately 2.08 days of vacation are accrued for each full month worked. On an annual basis, this makes a total of 25 days, or 5 weeks of vacation. For more information on FeriePenge, how they are calculated, how to pay them....Read More