Business Environment in Denmark

Denmark – the optimal location for your business activities

Top 5 Reasons for choosing Denmark

 

• A natural gateway to the Scandinavian countries and the Baltic area - Copenhagen Airport is the main hub in Northern Europe and Europe’s most efficient airport; a high-quality motorway network means swift and easy access to all markets in the Northern European region
• One of the world’s top 3 flexible labour markets
• One of the most advanced telecommunication infrastructures in Europe with world leading use of PC, Internet and Broadband
• A company tax rate of 25% and expatriates can benefit from a special tax regime
• A well-educated population with a high proportion of university graduates and excellent language skills

 

Infrastructure

Denmark has a well-developed network of motorways. The high-quality motorway  network means swift and easy access to all markets in the Northern European region. Through the opening of the Øresund bridge in July 2000, the only bridge in the world connecting two countries, Denmark is now the gateway to the Scandinavian countries and the Baltic area. There is direct access from Copenhagen to the city of Malmø in Sweden either by train or car via the Øresund bridge. The train ride merely

takes 20 minutes.


A small country with four international airports…

Copenhagen Airport is the main hub in Northern Europe. It is SAS’ principal airport and it has been retained by DHL as its Northern European hub. In 2005, the Air Transport Research Society named Copenhagen Airport the best airport in Europe.

The airport is located only 8 km from the city centre and Copenhagen Central Station can be reached in 15 minutes. 63 airlines operate from the airport and serve all together 125 destinations. Besides Copenhagen, Denmark has three other international airports, Aarhus, Aalborg, and Billund, all located in the peninsula of Jutland.

Highly developed ICT infrastructure…

Denmark has one of the most advanced telecommunication infrastructures in Europe and the network is fully digitalized. Denmark’s penetration of mobile telephone subscriptions is ahead of the average European level.

Denmark is characterised as a top-ranked country with regard to penetration rates for PCs and household Internet (broadband) access. Denmark is in the global Top 5 what regards computers per capita, Internet Users and Broadband Subscribers (IMD 2007).

 

 

Taxation

Denmark has a favourable tax climate thanks to a corporate tax rate of 25%, an extensive network of tax treaties and attractive rules for expatriates. Taxation obligations for physical goods ordered via the Internet, as with any other transaction, require payment of VAT (currently at 25%) and, if the goods are imported into the EU, import duties.

 

 

Europe’s most flexible labour market

The Danish workforce is among the most productive in Europe and no restrictions apply regarding overtime work, allowing companies to operate 24 hours a day, 365 days a year.
   Contrary to most European countries, basic practices in the Danish labour market are mainly founded on collective agreements between the employers’ and the employees’ representative organisations, thus ensuring a high degree of consensus in the labour market. Most of the working conditions are negotiated at company level in accordance with each company’s specific needs. Together, employers and employees reach mutually binding agreements on labour issues and as a result, Denmark has a low frequency of strikes. In Denmark most people are insured against unemployment and thereby guaranteed a high level of social security, which results in a relatively high