Denmark

Denmark, like its Scandinavian neighbours, has historically been one of the most socially progressive (and highly taxed) cultures in Europe and the world. The Kingdom of Denmark comprises Denmark and two independent constituent countries in the North Atlantic Ocean, Greenland and the Faroe Islands. Danish, the national language is very closely related with Norwegian and Swedish.

Denmark has a large fishing industry because of their geographic location and access to the northern oceans. The manufacturing sector’s main areas of activity include food products, machinery, chemicals, metal products, electronic and transport equipment, beer and paper and wood products. Tourism is also an important activity in the modern, prosperous and developed economic mix.

CXC Global’s local expertise and knowledge of Denmark, allows us to work closely with our clients, assist with Local Tax and Social Security Registration, VAT Registration, including a preparation of a personal income tax return at the end of the tax year.

Contracting in Denmark is not a simple task. The Danish tax system can be quite complex and is not contractor friendly. Denmark is recognised for being a country with some of the highest living standards and taxes in the world. They has entered into Double Taxation Treaties with many countries and do not encourage contracting.

For workers, working in Denmark, it would be wise to consult with CXC Global on the best way to structure, and how best to balance taxation.

  • With our extensive experience and expertise in contractor management, and assisting organisations with their contingent workforce, CXC Global has the resources and solutions to manage the administration process associated with contracting in Denmark, facilitating accounting services and administration, local tax calculations for Denmark, social security registration, tax balancing and preparation of personal income tax return at the end of the tax year

In-country services include

  • Access to Local Accountant
  • Local tax and social security registration
  • VAT registration
  • Preparation of personal income tax return at the end of the tax year