4 important steps to take after forming a new aps company

1st STEP: APPLY FOR NEMID

A NemID is actually a digital signature that you use when logging in to government websites, using online banking systems and many different places online. Your new NemID can be ordered at https://www.medarbejdersignatur.dk/. The website is available only in Danish.

2nd STEP: CREATE A MAILBOX ON "E-BOXES"

All emails that government institutions send to a Danish private limited company are delivered to a digital mailbox – „e-boxes.” Some of the private companies are offering to send their mail just through it. An e-Box works like an Internet mailbox, where you can read email after logging in. You have to log in with your NemID. When you have a NemID for your company, you will have to create a company e-Box.

3rd STEP: ASSIGN "NEMKONTO"

After creating a new account in the bank for your LLC in Denmark, you need to make sure that the bank you have chosen has designated the new company account as a NemKonto. A NemKonto is a regular company bank account that is assigned permission to operate as a NemKonto. If you have a NemKonto it allows you to transfer reimbursements from the government (VAT, tax). When you don’t have a registered NemKonto, refunds will be released for you once the bank account is assigned as a NemKonto, so in other words, if we do not have a NemKonto, we cannot count on tax refunds. To check whether your bank account has NemKonto status, just go to https://www.nemkonto.dk/. You can also contact the bank for a confirmation that your company has an assigned NemKonto.Without a bank account in Denmark, you can apply to use a foreign account as a NemKonto. You will need to submit a special form for this purpose.

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

When you have set up a new account in the bank for your company, your lawyer has the possibility to transfer your equity to your company. This is the bare minimum required initial capital of DKK 20,000, which you deposited in time of the registration process in the lawyer's client account. To do this, ask your lawyer for the transfer. If you face any problems during registration of a traditional account in a Danish bank, it is recommended to use Revolut.