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Denmark Local Employment Solution

Denmark Local Employment Solution
Capital Copenhagen
Population About 5.5 million
Language Danish. English and German widely spoken.
Time Zone GMT +1 (Summer Time GMT +2)
Currency 1 Krone (DKK) = 100 ore

* Click here for the latest rate of exchange.

No Entry Visa for EU/EFTA nationals.

Nationals of EU/EFTA Member state requires a Residence Certificate for a stay longer than three months.

Click here for latest IATA travel requirements for Denmark.

EU and EFTA nationals are free to work in Denmark without a work permit.

Non EU/EFTA nationals can be sponsored through our local company, AFSS Denmark ApS to obtain the necessary work permit.

All foreign workers must have a Danish personal identification number (CPR) issued by the local municipality. Upon registration, a tax card is also issued showing the amount of tax and social security payable every month.

Non Residents, working in the country for less than six months days in the financial year, are liable only for their Danish income.

Residents, working in the country for six months days or more, are liable for their income worldwide.

Tax Rates for Qualifying Contractors

Expatriate Tax Regime: flat 26% rate on salaries above DKK.70,600/year.

Tax Rates for Non-qualifying Contractors

Municipal tax: 24.9%
Health tax: 5%
State tax: 6.83%
Top tax: 15% of gross income exceeding DKK 449,100/year
Labour market contributions: 8%

Obligatory. Employers and employees contributions total an average of DKK 927/month.

52-67%

The income retention depends amongst others on the duration of the assignment, contract rate, marital status and taxation and social security agreements between Denmark and the foreign nationals' country.

Please contact Access Financial for more information.

Tel: CH +41 22 365 4620 | UK +44 7017 3110 | CYP +357 25 820 640

E-mail: info@accessfinancial.com

Access Services

Employments through Access Financial Denmark ApS to work for the end client.
Payroll with monthly salary and payslips showing all due contributions.
Application of local allowable deductions and credits and of international taxation and social security treaties.
Withholding of due tax, social security, pension and all other work-related contributions and payment to the relevant authorities.
Contract-End and Year-End returns.
De-registrations.
Optional provision of additional insurances and policies to comply with additional statutory or voluntary work-related requirements.

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