Taxation in Denmark - introduction to the Danish tax system
Denmark has a favourable tax climate: a corporate tax rate of 22%, an extensive network of tax treaties and attractive tax rules for expatriates. Let us provide you with an overview.
Denmark has a favourable tax climate with a corporate tax rate of 22%, an extensive network of tax treaties and attractive tax rules for expatriates. Other tax incentives include full deduction of patents and know-how in the year of acquisition and the possibility to deduct R&D expenses. Should R&D costs result in tax losses, companies are entitled to a cash reimbursement of 22% of losses related to those costs – up to a maximum tax value of DKK 25 million.
If these beneficial conditions have raised your interest, download our fact sheet to read a brief introduction to the Danish tax regime in its entirety.