ARTICLE · 19 APRIL 2010

New Danish Companies Act

Kromann Reumert

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On 1 March 2010, the first part of the new Danish Companies Act took effect. The new Act regulates public limited companies (in Danish: "aktieselskaber") as well as private limited companies (in Danish: "anpartsselskaber"), and modernises and simplifies the overall regulation of both types of company.

DenmarkCorporate/Commercial Law

On 1 March 2010, the first part of the new Danish Companies Act took effect. The new Act regulates public limited companies (in Danish: "aktieselskaber") as well as private limited companies (in Danish: "anpartsselskaber"), and modernises and simplifies the overall regulation of both types of company.

This newsletter focuses on those simplifications of the Danish company law regime that we find of particular interest to our non-Danish clients.

Listed companies are subject to special regulation which is not described in this newsletter.

It has not yet been published when the second parts of the new Act shall take effect.

GOVERNANCE STRUCTURE

Under the new Act, public and private limited companies may choose between the following alternative governance structures:

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