Government measures in key jurisdictions 5th edition - Flipbook - Page 46
Denmark
Company
law matters
•
The Danish Tax Administration has emphasized that some businesses must pay tax for
the contributions they received in relation to the compensation schemes. This is
assumed to apply for the following compensation schemes, but is currently being
clarified by the Danish Tax Administration:
- Compensation for loss of turnover (self-employed, freelancers, artists and
cultural institutions),
- Compensation for cancelled events (event organizers),
- Compensation for expected fixed costs (i.e. rent),
- Salary compensation for employees,
- Compensation for freelancers with B-income, and
- Compensation for freelancers with mixed A- and B-income.
•
As a response to Covid-19, the Danish government has multiple times introduced
restrictions on large gatherings. As per 6 January 2021, the restrictions on large
gatherings has decreased from ten to five people, which until further notice remains in
force until 5 April 2021.
Have any measures
been put in place
•
to accommodate
social distancing
(such as remote
general meetings)?
46
A new Executive Order applicable throughout 2021 has been implemented, which
prolongs the possibility introduced in 2020 to hold general meetings partially or
completely electronically, irrespective of the fact that the company’s articles of
association may not provide for this.
•
The Executive Order does not postpone the deadline for submitting the annual report
of 2020, as was the case for the annual report of 2019.
•
Earlier, general meetings was exempted from the restrictions of large gatherings due
to it being an activity where people are mostly seated. However, as per 6 January
2021, this exemption no longer applies, which means that general meetings must
comply with the restrictions on gatherings of a maximum of five people..
•
For additional information about the company law related measures put in place to
accommodate social distancing see (in Danish), please view here.
Government measures in key jurisdictions
