Please note that there will be a money laundering procedure for the founders in accordance with the legislation.

What is a limited liability company/ ApS?

A limited liability company (ApS) is a popular form of business in Denmark that offers many advantages for both new and established companies. This article will delve into what an ApS is, what is important to know about establishing and founding an ApS, what you should be aware of, and the advantages of choosing this form of business.

An ApS is a form of business where ownership is divided into shares. It is a form of company where the owners are not personally liable for the company’s debts. This means that if the company goes bankrupt, the owners’ personal assets are protected. To establish an ApS, a minimum capital of DKK 40,000 is required.

When establishing an ApS, there are several important aspects to be aware of. First and foremost, you must prepare a founding document and articles of association for the company. These documents must contain information about the company’s purpose, name, registered office, capital and management. It is also important to register the company with the Danish Business Authority within 2 weeks of establishment. In addition, an owner’s register must be prepared, which must be updated regularly if there are changes in the ownership.

There are several things to be aware of when establishing an ApS. Firstly, you must ensure that you have the necessary capital to establish the company. Secondly, you must be aware that there are certain requirements for the management of an ApS. Thirdly, you must be aware that there are certain rules for how the company’s profits can be paid out.

The advantages of establishing an ApS are many. Firstly, it provides a high degree of flexibility in relation to the company’s structure and management. Secondly, it is a good way to protect the owners’ personal assets, as they are not personally liable for the company’s debts. Thirdly, it can be a good way to attract investors, as it is easy to transfer shares in an ApS.

Ultimately, the choice of business form is an important decision that can have a major impact on the company’s success. It is therefore important to make clear what you want with your company before making this decision. An ApS may be the right choice for many, but it is important to consider all aspects before making your decision.