That create ApS is one of the most important decisions for entrepreneurs in Denmark. But what does it really cost? In this guide, you get a complete overview of all costs - both the visible and the hidden ones - so you can budget correctly from the start.

Overview: Total Costs

Minimum costs for APS creation:

• Direct creation: From DKK 20.670
• With professional help: From DKK 21.165
• First year of operation: From DKK 60,000-80.000

Let's dive into each cost.

1. Mandatory creation costs

Registration fee to the Danish Business Authority

DKK 670 - This is the official fee for registering your ApS with the Danish Business Authority.

What does the fee cover:

• Digital registration in the CVR register
• Assignment of CVR number
• Disclosure of company information
• Processing of incorporation documents

Capital Requirement - DKK 20,000

DKK 20.000 - From February 27, 2025, this is the new minimum initial capital requirement.

Important details:

• The capital must be deposited into the company's bank account
• The money belongs to the company, not you personally.
• Can be used for operation after registration
• Must be documented with capital declaration

Who can certify the capital declaration:

• Bank
• Auditor
• Solicitor

Business address - From DKK 188/month

From DKK 2,256 Annually - All ApS must have an official business address registered in the CVR.

Your options:

• Private address: Free, but exposes your home
• Virtual office: From DKK 188/month (Flexum Coworking)
• Physical office: From DKK3,000/month

Advantages of virtual office:

• Protecting your privacy
• Professional image
• Mail and parcel management
• Meeting facilities (discount)

2. Legal costs

Founding documents

Required documents:

• Incorporation document
• Statutes
• Shareholder list
• Capital statement

Three ways to get the documents:

Option 1: Do-it-yourself

Price: DKK 0
‍Time consumption: 5-10 hours
‍Risks: High - legal errors can be costly

Advantages:

• No direct costs
• Full control

Disadvantages:

• Requires legal knowledge
• Risk of errors and delays
• No guarantee of correctness

Option 2: Online services

Price: DKK 2,000-5.000
‍Time consumption: 1-2 hours
‍Risks: Medium

Advantages:

• Relatively cheap
• Fast process
• Basic legal certainty

Disadvantages:

• Standard solutions
• Limited customization
• Minimal personal advice

Option 3: Lawyer or Accountant

Price: DKK 10,000-25.000
‍Time consumption: 2-5 days
‍Risks: Low

What you get:

• Tailor-made documents
• Legal advice
• Personal sparring
• Full liability insurance

Option 4: Flexum Coworking + Simple Law

Price: Free with Virtual Office Purchase
‍Time consumption: 1 weekday
‍Risks: Low

Complete package includes:

• All legal documents
• Registration with the Danish Business Authority
• Professional business address
• Mail and parcel management
• Ongoing support

3. Bank account and financial costs

Business Account - Comparison of Banks

According to Samlino.dk's analysis, the cost of business accounts varies considerably between Danish banks.

The cheapest business accounts (first year):

Monthly Business Simple:

• Creation: DKK 995 (from 28 June 2024)
• Annual Fee: DKK 2.890
• Total first year: DKK 3.885
• Cheapest solution on the market

Broager Savings Bank:

• Creation: DKK 2,500 (free if you have a loan with them)
• Annual Fee: DKK 1.800
• Total first year: DKK 4.300

Nykredit Simple:

• Creation: DKK 3.000 (minimum)
• Annual Fee: DKK 1.428
• Total first year: DKK 4.428

Danske Bank Basis:

• Creation: DKK 5,000 (DKK 2,000 for existing customers)
• Annual Fee: DKK 1.428
• Total first year: DKK 6.428

Nordea Business Base:

• Creation: DKK 4,800 (DKK 2,400 for private banking customers)
• Annual Fee: DKK 1.980
• Total first year: DKK 6.780

Sydbank Favourite:

• Creation: DKK 3.895
• Annual Fee: DKK 1.860
• Total first year: DKK 5.755

Workers' Landsbank:

• Creation: DKK 3.000
• Annual Fee: DKK 3.000
• Total first year: DKK 6.000

Jyske Bank:

• Creation: DKK 4,000 (estimated)
• Annual Fee: DKK 2,600 (DKK 650 per quarter)
• Total first year: DKK 6.600

Møns Bank:

• Creation: DKK 3,500 (DKK 2.625 for plus customers)
• Annual Fee: DKK 2.800
• Total first year: DKK 6.300

Fynske Bank:

• Creation: DKK 5.000
• Annual Fee: DKK 2.388
• Total first year: DKK 7.388
• Most expensive solution

Conclusion: Lunar is the cheapest business account with total costs of DKK 3,885 in the first year - a saving of up to DKK 3,503 compared to Fynske Bank.

Nemid/Mitid Professions

Price: DKK 0-100 annually (depends on bank)

Necessary for:

• Digital communication with authorities
• Bank transactions
• Signing of documents

4th. Ongoing annual costs

Bookkeeping and accounting

Do-it-yourself with software:

• Price: DKK 1,200-3,600 annually
• Popular solutions: Billy, Dinero, e-conomic
• Time consumption: 2-5 hours/month

External bookkeeper:

• Price: DKK 20,000-60,000 annually
• Depends on: Transaction volume, complexity
• Advantages: Professional handling, time saving

Annual Report

Class B companies (most APs):

• Do-it-yourself: DKK 0 (if you have the skills)
• Accountant/Bookkeeper: DKK 5,000-15.000
• Deadline: 5 months after the end of the financial year

Audit (only if required)

When is revision required:

• If two of the following three conditions are met for two consecutive years:
  • Balance sheet amount > DKK 4 million
  • Net sales > DKK 8 million
  • Average number of employees > 12

Audit costs:

• Small APs: DKK 15,000-30,000 annually
• Medium-sized APs: DKK 30,000-60,000 annually

Most new APs are NOT auditable.

Assurances

Liability insurance:

• Price: DKK 2,000-10,000 annually
• Covers: Corporate responsibility, product liability
• Recommended for: All APs with customers

Business Insurance:

• Price: DKK 3,000-15,000 annually
• Covers: Inventory, IT equipment, operating losses

Memberships and subscriptions

Typical costs:

• Business organization: DKK 2,000-5,000 annually
• Software (CRM, project management): DKK 3,000-12,000 annually
• Website/Hosting: DKK 1,000-5,000 annually

5. Total Cost Summary

First Year Cost - Minimum Scenario (Lunar)

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Note: The initial capital of DKK 20,000 is not a cost, but an investment in the company.

First Year Costs - Professional Scenario

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Subsequent year costs

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6th. How to save money on APS creation

Tip 1: Choose the right bank

Savings: Up to DKK 3,503 annually

Lunar is the cheapest business account on the market with total costs of just DKK 3,885 for the first year. Always compare several banks before choosing.

Tip 2: Start with virtual office

Saving: DKK 33,744 annually

• Virtual office: DKK 2.256/year
• Physical office: DKK 36,000+/year

Tip 3: Use digital tools

Modern accounting software:

• Automatic Bank Reconciliation
• Integration with banking
• Save 50% of the time

Recommended solutions:

• Billy (beginners)
• Dinero (medium)
• e-conomic (advanced)

Tip 4: Take advantage of Flexum Coworkings offers

Complete package:

• Free APS creation with virtual office purchase
• All legal documents included
• Professional address from DKK 188/month
• Fast process: 1-2 days

Total savings:

• Legal assistance: Save up to DKK 15,000
• Professional address included
• Ongoing support at no extra cost

Get started with Flexum Coworking

Free Consultation: Call 70 555 255 for personalized advice on APS creation and costs.

Flexum Coworkings offers:
‍✅ Free APS Creation when buying a virtual office
✅ Professional address from only DKK 188/month
✅ Legal security Through Simple Law
✅ Fast process - 1-2 days
✅ Ongoing support as your business grows

Visit flexum.dk/company creation or call today to get started with your ApS.

Disclaimer

This article is written for informational purposes and does not constitute legal, tax or financial advice. Prices and rules can change, and individual circumstances vary considerably.

We strongly recommend that you consult qualified professionals - including lawyers, accountants or tax advisers - before making decisions on company form and company creation.

Flexum Coworking assumes no liability for any loss or damage that may arise as a result of using the information contained in this article.

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