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Business-Friendly Environment:
Denmark offers a corporate tax rate of 22%, which is lower than the OECD average, and a special tax scheme of 27% for foreign professional and research personnel, making it very attractive for businesses in terms of taxation.
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High-Quality Talent Pool:
Denmark has one of the best talent pools in the world, with 96% of the population receiving secondary education and 47% completing higher education. Additionally, their English proficiency ranks in the top three globally, making it easy for foreigners to do business in Denmark.
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World-Class Innovation and Technology:
Denmark has some of the most advanced infrastructure in the world, with highly advanced transportation systems, buildings, and commercial facilities, as well as a stable supply of electricity and water resources. Furthermore, Denmark is rich in renewable energy sources, providing over 40 attractive strategies for the "clean technology" initiative.
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Low Operating Costs:
The cost of operating businesses in Denmark is low, with the lowest employer costs and social security contribution rates in Europe. Additionally, indirect costs such as office rents are much cheaper compared to other trading cities in Europe. The corporate tax rate is also very low, at only 22%.
Tax Info
Enter Dynamic Page- General CIT Rate
- 22
- CIT Return Due Date
- In general, six months after the end of the fiscal year.
- CIT Payment Due Date
- By 20 November of the year after the income year.
- CIT Estimated Payment Due Date
- Two equal installments, paid by 20 March and 20 November of the income year. Extra tax can also be paid by 1 February of the year after the income year.
- Resident Withholding Tax (Dividend/Interest/Royalty)
- 0/22/22
- Non-Resident Withholding Tax (Dividend/Interest/Royalty)
- 27/22/22
- General VAT Rate
- 25
- General Capital Gain Tax Rate
- Capital gains are constrained by the normal corporate income tax rate.
- Composite Effective Average Tax Rate
- 20.36%
- Composite Effective Marginal Tax Rate
- 14.22%
Administrative Regions
- 81 - North Denmark Region
- 82 - Central Denmark Region
- 83 - Region of Southern Denmark
- 84 - Capital Region of Denmark
- 85 - Region Zealand
Belonging Jurisdiction
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DK - Denmark
Kingdom of DenmarkLearn MoreKingdom of Denmark -
EEA - European Economic Area
European Economic AreaLearn MoreEuropean Economic Area -
EU - European Union
European UnionLearn MoreEuropean Union -
WORLD - Global
EarthLearn MoreEarth
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