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Denmark
has high rates of corporate and personal
income tax and has never been considered
a financial centre. However changes
to its holding company law in 1999
provided outstanding opportunities
for the international investor, and
subsequent adjustments to the law
have if anything increased its attractiveness.
Historically,
9 onshore European countries (Austria,
Belgium, France, Germany, Luxembourg,
the Netherlands, Spain, Switzerland
& the United Kingdom) have competed
and continue to change their fiscal
laws in order to make their jurisdiction
the most attractive one in which to
locate a holding company.
Nonetheless
changes to the laws on Danish holding
companies which were introduced in
1998-9 have revolutionized the market
and have made Denmark far and above
the most attractive location in which
to site a holding company, with the
twin consequences that the Netherlands'
historic dominance of the onshore
holding company market is now seriously
threatened and other holding company
jurisdictions are beginning to look
singularly unattractive.
In
Denmark there are also some time-limited
tax-saving opportunities for expatriate
managers and skilled workers.
Denmark Knowledge Base
- DENMARK
HOLDING COMPANY FISCAL REGIME
- DENMARK
HOLDING COMPANIES
- DENMARK SPECIAL
EXPATRIATE FISCAL REGIME
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