Since 1992, Denmark has offered the Special Tax Scheme for Researcher and Other Highly Paid Employees, who are recruited from abroad. Until January 1, 2019, these rules have been complicated and costly, and Business Organizations have been asking for more simple and flexible terms, when applying the...

The bill amending the Danish Share Option Act was adopted on December 7, 2018. The amendment of the Act will enter into force on January 1, 2019. This means that there will be a greater freedom of contract between an employee and employer in connection with share option schemes.   The new act w...

On October 31, 2018, the new public property assessments were postponed. Therefore, there will be new indicative property assessments for homeowners in Denmark, in 2019. The legally binding assessments will be issued in 2020. The new property assessments  includes, inter alia, a freezing scheme whi...

On 3 October 2018, the Ministry of Employment submitted a bill to amend the Danish Share Option Act so that employers and employees have greater freedom of contract to agree on the terms of a share option program. The amendment is expected to come into force on 1 January 2019 and will only apply to ...

On 1 July 2018, several amendments to the Danish Companies Act came into force. The new rules mean, among other things, a change in the capital requirement for public limited companies that previously was DKK 500,000 and that it is now possible to force redundancies for certain companies, which do n...

From 1 July 2018, it became possible for the Working Environment Authority to issue daily fines of at least DKK 1,500 to foreign companies that have not yet been registered in the Register of Foreign Service Providers (RUT). Did you remember to register your company and what exactly is RUT? The RUT ...

The Ministry of Industry and Commerce has in January 2018 submitted a bill concerning a new Danish Act regarding the protection of business secrets, which has been adopted and enters into force on 9 June 2018. The purpose of the act is the implementation of an EU directive, which aligns legislation ...

On 27 April 2015, the EU Commission stated that the current Danish Holiday Act is not in compliance with the EU-legislation. According to EU-legislation an employee has to be entitled to minimum four paid weeks of vacation each year. According to the Danish Holiday Act an employee is entitled to a m...

It is no ”news” but on the other hand useful. Below you will find answers to the most frequently asked questions on Danish Employment Law with regard to salaried employees. 1. What are the legal maximum working hours in Denmark? There is no statutory law regarding maximum working hours. Often th...

New rules on the identification and registration of real owners As of 23 May 2017 Danish legal entities are required to report their real owners to the Danish Business Authority. The registration deadline is 1 December 2017. The new rules are based on the fourth money laundering directive. The real...