Valuation of Assets
If you plan to make an in-kind contribution to establish your private limited company (Danish LLC), you should be aware that an asset valuation report is required. An independent accountant typically prepares this report. It’s important to note that preliminary studies conducted by suppliers, manufacturers, or car dealers are not adequate for asset valuation. However, such studies can aid the accountant in preparing the final valuation report for the assets.
Valuation Report and Liability:
The valuation report must be included with the incorporation document. Nevertheless, it's essential to remember that if you use in-kind contributions to establish your ApS, you're liable for the assets you contribute.
In the case of carrying out significant administrative procedures, due to the high risk of errors that may result in potential penalties or legal consequences, we recommend consulting an expert. If necessary, we encourage you to get in touch.
