Home → Forum → General Chat → taxes for an APS Startup
 The Worktrotter Forums
Forum Homepage
Latest Posts

Welcome Guest
To join in you log in or sign up to the right!		 Your avatar
 Subject: taxes for an APS Startup... 24/03/11, 10:08 
sunone
Newbie
Joined: 05/02/10, 10:13
Posts: 1
Location: 
Hi everybody
I have the following question:
I have a startup company, for several reasons I'm going to register it as an APS but probably I won't have return in short time mainly because
I am busy with other stuff. What kind of taxes do I have to pay even in an idle period ?
Or I will pay taxes in the moment I start having some return ?
Please let me know.
Alex
 Subject: Re:taxes for an APS Startup... 02/05/11, 22:13 
AllanJ
Newbie
Joined: 02/05/11, 22:03
Posts: 2
Location: 
You won't be liable for annual corporate income tax until you show a profit in a fiscal year. And there is some opportunity to roll over a loss year into a profit year, but your accountant can tell you about that.

However, you will have to file quarterly VAT returns, and pay any VAT owed on that quarter (and, of course, if it is a negative VAT quarter, you would get money back).

The tax department does not care if you set up an ApS and do nothing with it... they do care if it runs with losses and little positive cash flow. So if your "startup" is getting little sales and little outside investment, yet is filing a negative VAT quarter every quarter, you will attract tax scrutiny.

But if you are doing a start up, I am sure you have good accounting and legal advice lined up, right?
Page # 


Forum Rules and Disclaimer | Powered by ccBoard

Subscribe to our newsletter 

Share with your friends



Denmark seen with international eyes

Entertaining presentations about Denmark

The Worktrotter books

Business-Dances with Danes. Decoding Danish work cultureBusiness-Dances with Danes

For those working with Danes and those trying to find work in Denmark.
This book is also aimed at those Danes who want to become conciously aware of the Danish workplace culture.

Find out how to decode Danish work culture, avoid pitfalls and know how you can bring your messages across when working with Danes. 

The Worktrotter's Guide to Denmark

For current and future newcomers to Denmark.

A practical step-by-step guide about living and working in Denmark. Save time, nerves and money. Be smart and do things right - right from the start.


No shipping fees worldwide!

Follow on Google+

Our Partners

The Worktrotter web site was developed by
jfb Webdesign, who provide web design and developement services

Foreigners in Denmark is a social network for foreigners / expats living in Denmark, cooperating closely with Worktrotter

 Photojournalist and event photographer Matthew James Harrison