Denmark Information: Low-Tax and Incentive Regimes

Denmark Tax-News.com Coverage

- 27/04/2012 Canada-EU Trade Talks Entering Final Straight
- 09/04/2012 World Economic Forum Issues Global ICT Report
- 05/04/2012 Ireland Receives Danish Bailout Loan
- 02/04/2012 Liechtenstein's Nordic TIEAs Enter Into Force
- 08/02/2012 FTT Will Hit UK Revenues Even With Opt Out

More Denmark Tax News »

Denmark Tax Treaty Updates from TreatyPro

Treaty Update: Denmark - Various
27/2/2012
According to preliminary media reports, Denmark's TIEAs with Dominica and Grenada entered into force on February 1, 2012, and February 14, 2012, respectively.

Treaty Update: Czech Republic - Denmark
29/8/2011
The Czech Finance Ministry has said that a DTA with Denmark was signed on August 25, 2011. The treaty will replace the 1982 DTA which was signed between Denmark and the then Czechoslovakia.

Treaty Update: Belgium - Denmark
19/7/2011
According to preliminary media reports, the Belgian parliament ratified a Protocol to the DTA with Denmark on July 7, 2011.

More Denmark Tax Treaty Updates from TreatyPro »

Denmark Knowledge Base 

Denmark has high rates of personal income tax and is in the mid-range in terms of corporate tax, and has never been considered a financial centre. However changes to its holding company law in 1999 provided outstanding opportunities for the international investor, and subsequent adjustments to the law have if anything increased its attractiveness.

Historically, 9 onshore European countries (Austria, Belgium, France, Germany, Luxembourg, the Netherlands, Spain, Switzerland & the United Kingdom) have competed and continue to change their fiscal laws in order to make their jurisdiction the most attractive one in which to locate a holding company.

Nonetheless changes to the laws on Danish holding companies which were introduced in 1998-9 revolutionized the market and made Denmark far and above the most attractive location in which to site a holding company, with the twin consequences that the Netherlands' historic dominance of the onshore holding company market has been seriously threatened and other holding company jurisdictions were made to look singularly unattractive.

In Denmark there are also some time-limited tax-saving opportunities for expatriate managers and skilled workers.

- Denmark Holding Company Fiscal Regime
- Denmark Holding Companies
- Denmark Special Expatriate Fiscal Regime

Lowtax Network Comment System

To ask a question or if you have an opinion you want to share: start a new thread, or reply to a thread below:

Topic: Lowtax.net General
Indian Resident: Want to open a trading company in Hong Kong? or UAE?
Hi,
I am from India. I buy goods from China and sell them all over the world. I would like to open a trading company abroad in Hong Kong or UAE so I can directly export from China without bringing goods into India. Can someone advise me how can i go about it? What would the tax implications be for me india. We have very strict Foreign Exchange Management Act (FEMA) here in india. By no means am i trying to evade tax, just it would just be convenient to directly export from China.Jilu81
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Topic: Lowtax.net General
Future of offshore trust industry
How are offshore Trust Companies doing recently with recent development of Obama's track down and Canada Revenue Agency's increased scrutiny. Are they declining in their clients and revenues? Are they consolidating or closing down? Respectively, are they kicking out Canadian and American clients or are they squeezed out from providing anonymous trusts and merely holding onto a fraction service capability as an asset protection device?

Is there a still future for offshore trust companies? Do you see this industry is set to decline permanently?



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Topic: Lowtax.net General
World-Check and similar
Dear Experts,

I am an expatriate doing business within legal scope in different countries of the world utilizing different IBC vehicles for international trading and one European Ltd Company with VAT registration for trading with/within E.C.
Lately I am being confronted with strange situations like bank acc/s in different places of the world where I am BO and/or signatory being closed withing short notice time or banks and revenue departments asking much more questions about supporting documents or nature of business than I am used to. Is there a chance to see whether my name or name of one of my vehicles might have gotten into 'red flag' worldwide databases?
I once heard about databases like WORLD-CHECK or similar who keep records maybe e.g. even about your unpaid speeding fines in Singapore and the Canadian immigration or bank clerk would see that and might nag you for that.

Is there a chance to get a report from these databases?
Maybe I got into such a database by mistake or by false suggestion me to be a Bad Guy?

Thank you for any help.

B R
R.Mr R
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Topic: Lowtax.net General
3 months in 4 countries
Hello. I am currently a resident of Spain, but when I stop work, I plan to spend 3 months in 4 different places (a priori Thailand, Brazil, Morocco, Florida). 3 months because this normally means you do not need much of a visa, you normally do not get to be a tax resident, ...and you don't get bored.
I assume I will have to chose a place to be a tax resident in, but my idea is that it can be a place like Panama or similar where I do not need to reside.
I understand that the pension I would get from Spain might be taxed in origin, but my money which is offshore and which would be my main source of revenue would not be taxed.

Do you think this makes sense ?

Also if you have any view on how one can organise yourself in terms of splitting the year in 4 countries, I will gladly hear it.Madrid
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Topic: Lowtax.net General
Country with no personal income tax on foreign dividends
I have business income from Norway. I currently have a Belize company which owns a UK Holding company which in turn owns the Norwegian companies. I am happy paying the corporate tax of 28% in Norway. I want to move to a country that will not charge personal income tax on any dividends that I receive from the Belize offshore company. I hold a UK passport but have never lived in the UK. Any suggestions would be greatly appreciated. Thanks
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