4 Crucial Actions to Follow Once Establishing a New APS Enterprise

1st STEP: APPLY FOR NEMID

To access various government and online banking websites in Denmark, you need a digital signature called a NemID. You can apply for one on the https://www.medarbejdersignatur.dk website.

2nd STEP: CREATE A MAILBOX ON „E-BOXES”

Government institutions and some private companies send emails to a digital mailbox called "e-boxes." You must create a company e-Box with your NemID to access it.

3rd STEP: ASSIGN „NEMKONTO”

You must designate your company bank account as a NemKonto to receive reimbursements from the government for taxes and VAT. To check if your bank account has NemKonto status, go to https://www.nemkonto.dk/ or contact your bank.

4th STEP: TRANSFER THE COMPANY’S EQUITY FROM THE LAWYER

After creating a new account for your Danish private limited company and obtaining a NemKonto, your lawyer can transfer the required initial capital of DKK 20,000 to your company’s bank account. If you face issues opening a traditional account, using Revolut is recommended.