Companies, income

Private and public companies in Denmark (ApS and A/S) are liable to corporation tax of their income in Denmark, if international group taxation is not chosen.

Tax credit for foreign tax paid is available. Income from foreign sources may be exempt from tax if there is a double tax treaty. Denmark has tax treaties with about 90 countries.

Foreign companies are also liable to corporation tax in Denmark if the seat of management is in Denmark.

The tax rate is 22 % on all taxable income and gains. There are no local taxes on income.