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SCANDINAVIAN MONTHLY | BUSINESS
The Startup Kingdom: How Denmark Became an Entrepreneur’s Paradise Text Jean Hartley
The venture capital market in Denmark is relatively young compared to other European countries, but the kingdom has made a strong leap forward over the past 20 years. Local startups compete with each other in attracting investment, and they do so quite fiercely. The article, The Startup Kingdom: How Denmark Became an Entrepreneur’s Paradise, will tell you how to enter the Danish market. H2 Register a startup in 15 minutes? Easy! The Danish government not only supports big companies, but also develops startups, encouraging entrepreneurs to generate new ideas, create innovative projects and jobs.
In Denmark it is possible to register your own company quickly and without start-up capital with just 1 kroner, and it is tax exempt until its working capital exceeds 50 thousand kroner.
years amounted to 128 million euros. The government’s initiative has also stimulated private investors, the amount of investment in startups has already exceeded the state 5 times.
A company can be registered online within 15 minutes by submitting an electronic application and filling in all the required documents.
By the way, Jean Hartley of custom writing service shared, that the Danish government appointed the world’s first “digital” ambassador of the Danish Foreign Ministry to interact with the world leaders of the IT-business, as the Danish government believes that the global IT-companies have become something like new countries and the state should respond accordingly.
Related: Scandinavia Ranking High for Startups in Europe The country’s government provides financial support to the most technologically advanced and innovative start-ups. Thus, assistance to companies over four
The corporations themselves responded positively to the initiative.
Feature image (on top) Photo by Brooke Cagle / Unsplash
