Company Formation

1.1 Types of Business Enterprise
A foreign investor may conduct business in Denmark through a limited liability company or through a branch of a foreign company. A limited liability company may be formed either as a public or a private limited company. The activities may also take place through a representative in Denmark on an agency basis. Other forms of business associations are discussed in section 1.5 below.

1.2 Public Limited Company
1.2.1 Formation of a Public Limited Company
A public limited company (Aktieselskab, A/S) can be incorporated by one or more founders. At least one of the founders must be a resident of Denmark or of another EU country unless founders are exempted from this requirement by the Minister of Industry. The founders must sign a formation agreement. It is not necessary that any of the founders subscribe capital. The company may be owned by a sole shareholder. The articles of association must include the name and objectives of the company; the