Offshore Companies

Choose the jurisdiction which best suits your needs

Denmark

Limited Partnerships (K/S)

General Info

Procedures to incorporate

Denmark is one of the countries in Europe that allow for a simple company formation process, with a well-developed infrastructure and a business environment that encourages research and development and innovative business ideas.

Opening a company in Denmark is a simple process that involves a few key steps and starts with choosing the right business structure. Because the country offers an attractive business environment, many international companies have set up their local Nordic headquarters in Copenhagen or other Danish cities. Some of the key areas for investment include the technology industry, the life science sector, or the maritime sector. Of course, investors can find business opportunities in other areas for design to food production as well as the renewable energies sector.

Atrium offers complete services to local and foreign investors who are interested in opening a company in Denmark. We can help investors from the early stages of company formation and once the company is in need of solutions for dispute resolution or other types of legal services.

The Danish Limited Partnership (K/S)
The Danish Limited Partnership (K/S) incorporates the tax transparency and flexibility of a partnership, as well as separate legal identity benefits of a company. Danish corporate tax is avoided completely if there are non-resident partners and if the LP company registered in Denmark trades solely outside Denmark. The limited partnership functions on the basis of a partnership agreement and can be founded by two or more members who can be individuals or legal entities.

Key Corporate Features

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Partners: The Danish Limited Partnership consists of minimum 2 partners: the General Partner, which has management control, shares the profits of the firm in predefined proportions and carries liability for the debts of the partnership. Like shareholders in a corporation, the Limited Partners have limited liability, meaning they are only liable on debts incurred by the firm to the extent of their registered investment and have no management authority. Offshore entities can be used as partners, but at least 50% is to be held by an EU company or offshore company with DTT in Denmark.
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Key advantages: VAT registration in Denmark with non-resident partners is unlikely successful. In case VAT is required for a non-resident K/S, please contact us for Shelf Company with VAT. 0% Danish corporate tax if profits are passed to the offshore partners.
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Capital: Limited Partnerships do not have share capital, rather “capital” that is contributed by the partners (the amount is determined by the partners).
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Management: No need for director, Limited Partnership can be managed by General Partner. If there is planned that Limited Partnership shall be managed by director, Danish director required for successful registration.
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Taxation: In Danish tax law a K/S is not taxable and does not pay corporation taxes. This means that the assets of the K/S is taxed as personal assets of the owners. This is a great advantage if the K/S is having a deficit as this can be subtracted from the taxable income of the owners. A Danish K/S company pays 0% Danish corporate tax if profits are passed to the offshore partners.

Atrium Services

Atrium provides effective and individualized corporate services. We can help you to manage your Danish company’s statutory secretarial needs and assist in securing your company’s compliance with legal and administrative requirements in Denmark. We can act as your single point of contact in Denmark, coordinating the correspondence between the auditors, lawyers, authorities and financial institutions etc.

We can provide you with all administrative services such as:

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Business name registration
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Maintenance of statutory registers and other formal documentation
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Registered office address/ Domiciliation and keeping of mandatory company files
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Opening bank accounts
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Bookkeeping
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Annual Reports
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Payroll administration
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Preparation, attending and/or drafting minutes of annual general meetings, board meetings and other meetings
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Preparation and execution of resolutions
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Preparation and filing forms for any changes in your company
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Handling all incoming and outgoing correspondence
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General corporate/legal assistance
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Ad hoc tasks

Packages and Prices

Denmark

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Standard
Package

The cheapest option company formation, payment government fees, registered office, local registered agent, Client Due Diligence (CDD) full and free tax and legal assistance, and much more, to keep your entity fully compliant.

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Business
Package

A special package with all services as included on the Standard Package, plus our Bank Account opening services with a local bank based in UAE, providing account opening remotely, and offering you online banking, multi-currency account, debit cards and all other major banking services you may need.

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Premium
Package

A package with all services as included on the Business Package plus full Nominee Services (Nominee Members and Managers) providing you the highest degree in terms of confidentiality and anonymity.

How can we help you?

Should you have any question, our Business Development Managers team will be ready to guide and assist you!