There are a lot of things to keep track of when you start up a business. Here you can find information on what you need to do when you start up or make changes to your business.

We have made the webinar below to help you get off to a good start with your business.

You register your business at www.indberet.virk.dk (please note that this site is in Danish)

As a sole proprietorship, you can log on using your NemID.

Enter expected business profits in field 221 or losses in field 435 in your preliminary income assessment, if you are starting a new sole proprietorship. If you do not make an entry, we will assess your profits to be somewhere between DKK 50,000 and 100,000.

Declare profits in field 221 or losses in field 435 in your preliminary income assessment

See the video Your preliminary income assessment when you are running your own business

You need a NemKonto for your business, and you can set one up in your bank. You can choose to use your existing private account as your business NemKonto.

Read more at www.nemkonto.dk

When you have registered your business, you can find your business registration certificate by logging on to E-tax for businesses (TastSelv Erhverv) and selecting 'Profil' and then 'Registreringsbevis' (Registration certificate).

If your business is renamed, it moves, changes industry or business form or if you hire employees, you must register these changes at www.indberet.virk.dk.

Help for new businesses (in Danish):

Loans via the Danish Growth Fund

You can apply for a guarantee which is a loan guarantee that you apply for in your bank when it grants you a loan to start your business. The Danish Growth Fund is special as it offers loans to businesses that involve a certain degree of risk.

See list of major banks in Denmark (finanraadet.dk) (link in Danish)

Your business is automatically assigned a tax account, and you find your tax account by logging on to E-tax for businesses (TastSelv Erhverv). It gives you a general view of your business declarations, charges and payments to and from the Danish Tax Agency (Skattestyrelsen).

Further information on the tax account.

The video below lists important steps to take when you hire your first employee.

Please see our legal guide (in Danish) for further legal information.