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Danish Krone (kr, DKK)





UTC + 01:00

The economy of Denmark is characterised by a modern mixed economy well integrated into the global marketplace, as well as a high dependence on foreign trade. An established infrastructure and political stability naturally makes Denmark an attractive country for business investment and expansion. The private sector in Denmark is made up of world-leading firms in pharmaceuticals, maritime shipping, and processed foods.

How to build a team in Denmark

Employers need to follow the strict employment guidelines set forth by the local authorities before they could employ in Denmark. This process can be time-consuming as the company first needs a legal entity in the country and it needs to manage payroll, tax, benefits and compliance.

Global payroll solutions make it easy to find and hire top talent in Denmark. With one seamless integration and local legal entity, we take care of the compliance matters so that you can start your globelizing plan immediately.

Compliance risk

Risk of misclassification

Denmark worker classification labour and tax laws distinguish between contractors and full timers. If the individual meets the legal definition of an employee but is classified as a contractor, your company will face penalties.

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