NewsCase StudiesEvents

Accounting and Payroll in Denmark

Denmark

Accounting and Payroll in Denmark

Denmark Business Experts

Related forum posts

 

  1. Starting a new business in India

    I run a UK business and my fellow Director is an Indian National (I am a British citizen).We now want to launch our company in India and I am struggling to make any progress with the Indian High Commission. Can anyone help me with the process. I have twice visited the commission in London and wasted hours of time due to their complete lack of organisation.I will appreciate any help to make

    Total Posts: 2 Last post by cchicken

  2. SET UP YOUR OWN COMPANY IN DUBAI

    ALL KINDS OF LICENSES WITH SERVICED OFFICES AND COMPLETE ADMINISTRATIVE SUPPORTAt Serene Business Services we provide range of Company Formation & Business Setup Services that you require setup your business in Dubai. We provide all kinds of Licenses and required documentation in setting up your business from start to finish also assisting you with Commercial Licences, Trading Licenses, Touri

    Total Posts: 5 Last post by cchicken

Accounting in Denmark

It is recommended, and probably in your best interest, to employ an accountant in Denmark. They'll nearly always save money, and more importantly, will make your business the most financially efficient it can be. Used wisely, accountants can make your business in Denmark more profitable than ever.

Accountants in Denmark provide a range of services. They can look after everything financial, from fundamental book-keeping to more expert advice. You could hire accountants in Denmark simply to prepare financial statements for your tax return, or you may require them for other added-value services such as auditing. Accounts must be audited each year, unless the company or region you are based in is exempt.

It is essential to choose an appropriate accountant for your circumstances. If you just want an accountant to take care of your book-keeping, then a small firm will probably suffice. However, if you require astute financial and planning advice, a larger, more reputable company might be needed. Check they're chartered / registered with a recognised accounting body. It is important to lay out exactly what you want them to do for you and what the charges will be.

Keeping a sound financial record is essential. Apply yourself. Have a good system in place and then the time that you do spend on accounts won't be so burdensome. Ensure you retain receipts for everything you buy. It is recommended that you keep a ledger or book with the details of what the receipt is for. Keep a record of all sent and received invoices too. These will keep you informed that you've been paid or have money owing, etc.

Ultimately, applied and diligent record-keeping will keep your accountancy costs low when running a business in Denmark.

Click here to Ask an Expert about Accounting and Payroll in Denmark

Organisations that can assist with Accounting and Payroll

  • > U Turn Tax Refund LLC

    U Turn Tax Refund (UTTR) is an International Professional Services Company Headquartered in Dubaiís financial hub (Dubai International Financial Center) with over 40 offices across Europe, Middle East, Africa, Asia and USA. UTTR specialises in VAT Refunds,

    More Details Visit Website
  • > Accountancy Or Tax Issues?

    Do you need an accountant or tax advice in this country? Helping foreign companies with local tax regulations.

    More Details Visit Website
  • > TMF Group

    TMF Group helps companies expand and invest seamlessly across international borders.

    More Details Visit Website

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.