Cost of Establishing a New APS Company
- The government fee is 670 DKK, and it does not include VAT.
- The fee paid to the lawyer is 1,295 DKK, and it includes VAT.
- A specialist company can also be hired to assist in creating a new ApS company, and the fee for their services is approximately 3,000 DKK.
THE INITIAL CAPITAL IS TRANSFERRED TO THE COMPANY AFTER REGISTRATION
To register an ApS company, an initial capital of DKK 40,000 must be transferred to the lawyer's bank account for verification. The lawyer's fee (DKK 1,295 + VAT) and the government fee (DKK 670) will be deducted from the initial equity, and the remaining amount of DKK 37,711.25 will be transferred to the new ApS company's bank account once it is opened. The new ApS company must have its own bank account.
YOU CAN SPEND YOUR EQUITY FOR BUSINESS EXPENSES
After completing the business registration, the equity can be used to cover business expenses and is not required to be kept in a bank account. However, there are rules to follow regarding the expenses incurred. Only actual company expenses can be covered, and owners are not allowed to withdraw money from the company account for personal use unless they are reimbursed for company expenses they have paid. In such cases, they may receive a salary or dividend.