4 Crucial Actions to Undertake Following the Establishment of a New APS Enterprise

1st STEP: APPLY FOR NEMID

A NemID serves as a digital signature that you can use to access government websites, online banking systems, and various other online platforms. To obtain a new NemID, you can order it through https://www.medarbejdersignatur.dk/, which is only available in Danish.


2nd STEP: CREATE A MAILBOX ON „E-BOXES”

In Denmark, government institutions send emails to a company's digital mailbox called "e-boxes." Some private companies also offer to send mail through this mailbox. A company's e-Box functions like an internet mailbox where the user can read their emails after logging in with their NemID. If a company has a NemID, they need to create a company e-Box to access their digital mail.


3rd STEP: ASSIGN „NEMKONTO”

When creating a new company account with a bank in Denmark, it's crucial to ensure that the bank designates it as a NemKonto, which is a regular company bank account authorized to operate as a NemKonto. Having a NemKonto enables the transfer of government reimbursements such as VAT and tax. If a company doesn't have a registered NemKonto, refunds will only be released after the account is assigned NemKonto status. To check if a bank account has NemKonto status, visit https://www.nemkonto.dk/. Alternatively, you can contact the bank for confirmation. If a company doesn't have a bank account in Denmark, they can apply to use a foreign account as a NemKonto by submitting a special form.


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

After setting up a new account for your company in a bank in Denmark, your lawyer can transfer the minimum required initial capital of DKK 40,000 to your company from the client account where you deposited the money during the registration process. To initiate the transfer, you need to request it from your lawyer. If you encounter any issues during the traditional bank account registration process, it's advisable to use Revolut.


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