Here you will find podcasts that contains guides and information to our clients. All podcasts are related to danish accounting, tax and VAT rules. Read more on our website: http://www.daniaaccounting.com
Transfer Pricing rules in Denmark for 2023
Transfer Pricing rules in Denmark have changed many times over the last couple of years. It is now mandatory for larger companies in Denmark to submit Transfer Pricing documentation each year. It was required to prepare the Transfer Pricing documentation in the past, but it was only submitted within 60 days upon request from the tax office. Transfer Pricing should now always be submitted 60 days after the tax return deadline when exceeding certain thresholds. You can read more here: https://www.daniaaccounting.com/slider/transfer-pricing-rules-in-denmark-for-2023/
Audit requirements in Denmark for annual reports in 2023
Audits of annual reports are not mandatory for most companies in Denmark. In general, larger limited liability companies need to be audited, and smaller companies do not need to be audited. The difference between “smaller” and “larger” is defined by thresholds for revenue, amount of employees and assets. However, new audit rules will be introduced in 2023. You can read more here: https://www.daniaaccounting.com/slider/audit-requirements-in-denmark-for-annual-reports-in-2023/
Cash flow budget – and why having one matters for your business
A budget isn’t just an expense-cutting tool; it can help you grow your business by providing you with the structure you need to make smart financial decisions. By creating a cash flow budget, you can get an accurate snapshot of where your business stands financially at any given time and use that information to make adjustments accordingly. You can read more here: https://www.daniaaccounting.com/slider/cash-flow-budget-and-why-having-one-matters-for-your-business/
How can you reassume a company faced with a compulsory dissolution?
When a limited liability company (in Denmark, most often ApS or A/S) fails to submit the annual report on time, the Danish Business Authority will request the Danish Maritime and Commercial High Court to dissolve the company after a while. We call this a compulsory dissolution. Sometimes, it is possible to reassume a company faced with a compulsory dissolution when specific requirements are met. You can read more here: https://www.daniaaccounting.com/slider/how-can-you-reassume-a-company-faced-with-a-compulsory-dissolution/
How can a non-resident company pay a salary to an employee in Denmark?
How can a non-resident company pay a salary to an employee in Denmark? Sometimes a non-resident company wants to hire just a single employee in Denmark. Due to the very low scale of activities, it is sometimes not feasible to incorporate a new resident company or to create a branch office. Listen to our podcast and read more here:
How do you distribute an extraordinary dividend in an ApS?
A dividend is part of the profit paid out to a company's shareholders. Capital companies like ApS and A/S can distribute dividends after the first fiscal year ends and the annual report is approved at the annual general meeting. Extraordinary dividends are distributed during the year, not at the annual general meeting.
Good information for people having or planning to have a company in Denmark
These podcasts contain really good information for people having or planning to have a company in Denmark. They contain information about tax, VAT, how to start companies, tax deductions and also information and DIY tricks for the top 3 popular accounting software, that is used in Denmark: e-conomic, Dinero and Billy's Billing.