Immediately after the Brexit referendum was held, the Brits saw the effect of their voting: the exchange rate of the British pound fell and consequently, purchasing power towards foreign goods decreased. In 2016, Danish companies exported goods worth DKK 40 billion to the UK, hence the effect from Brexit may influen- ce the Danish economy. […]
Britain has been a member of the European Union since the first enlargement in 1973. In a referendum held on 23 June 2016, however, a majority of Britons voted to leave the European Union. Nothing much happened until UK Prime Minister Theresa May triggered Article 50 of the Treaty on the European Union in March […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Mikkel Anker Pedersen of STORM Advokatfirma. Mikkel has joined IR as our exclusive Insolvency Member in Denmark. STORM Advokatfirma is not like many other Law firms. We strive to achieve the best results for our clients. We think innovative and less traditional […]
Foreign private equity funds have awakened to investment possibilities in the Danish market. This is well in line with global M&A trends with markets reaching record levels in Q1 2018. Private equity funds have increased their activities in the Danish market significantly. According to recent figures from the Danish Venture Capital and Private Equity Association […]
There is still a lot of confusion over the new EU data protection law taking affect in May 2018. We shed light on the subject with an extensive special in our February Newsletter on this new legislation. We also offer webinars and workshops with regard to the subject. Contact us if you have any questions! […]
Foreign companies may conduct business in Denmark eitherby establishing a Danish subsidiary or by operating directlythrough a branch office in Denmark. A subsidiary is an independent Danish company. A sharecapital in the amount of DKK 50,000 is needed to establish aprivate limited company (in Danish: “ApS”). The establishmentof a subsidiary will often be the preferred […]
The New Danish Holiday Act In 2015, the European Commission criticised certain aspects of the Danish holiday system. Consequently, a majority of the Danish parliament (“Folketinget”) recently passed a bill to amend the Danish Holiday Act. Under the existing Danish holiday system, holiday with pay earned in one calendar year cannot be taken until the […]
Contracts form a critical part of any commercial operation, allowing businesses to enter into agreements with the suppliers, customers and distributors that drive their operation. Commercial contracts can be complex […]
Read moreIR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Lasse Thore Stjernholm Detlevsen of Gangsted-Rasmussen. Lasse has joined IR as our exclusive Real Estate Member in Denmark. The Law firm Gangsted-Rasmussen of Copenhagen, offer legal advice and representation services to the property industry and to a number of specialist areas within commercial […]
There has been a discernible shift in attitudes to global tax. Transparency has become a buzzword among tax professionals since the ‘Panama Papers’ leak rocked the world in 2016. Ongoing […]
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