ILN: ESTABLISHING A BUSINESS ENTITY: AN INTERNATIONAL GUIDE

[ESTABLISHING A BUSINESS ENTITY IN DENMARK]

160

country which has entered a double taxation agreement with Denmark. The limited companies that do not fulfil the above-mentioned conditions must withhold 22 % of the dividend to the Danish Tax Authorities when distributing dividends, unless Denmark has entered a double taxation agreement, where it is stated that the taxation of divided should be 15 % or a percentage less than 22 %. The company receiving the dividend may in that situation apply for a refund of the overpaid tax from the Danish Tax Authorities. *** This guide is provided for informal purposes and must not be perceived as legal advice. If you have any questions concerning the Establishment of a Business Entity in Denmark, please do not hesitate to contact our office. *** DAHL Law Firm is one of Denmark’s largest law firms with more than 200 employees. We provide first class legal advice to clients of all sizes nationwide, ranging from small businesses to large corporations and government agencies. This is delivered with the unique combination of professional breadth and great expertise, which is one of the features of DAHL Law Firm. Many of our specialists are among Denmark’s leading experts in their respective fields. When dealing with large and complex problems, they cooperate across, and contribute their own, specialist expertise. DAHL Law Firm is therefore a strong legal partner, also in the very largest commercial cases. For further information please visit our webpage www.dahllaw.dk.

ILN Corporate Group – Establishing a Business Entity Series

Made with FlippingBook Ebook Creator