Denmark isOne of the most entrepreneurial countries in Europe, with its open business environment, stable economy and good welfare system, has attracted entrepreneurs from all over the world. However, it is not easy to pass theSuccessful startup visa (Startup Denmark)immigrantsand establishing a business is not an easy task. In this article, we will explain in detail the startup visa application process, the key points for success and the practical challenges of starting a business in Denmark, to help you get started on your European entrepreneurial journey!

I. What is the Danish Entrepreneurial Visa?

Startup Denmark was introduced by the Danish governmentbusiness migrantProgram that aims to attract promising entrepreneurs from around the world to establish innovative businesses in Denmark. Applies toNon-EU/European Economic Area (EEA) entrepreneurs, especially in the fields of technology, green energy, digital economy, biomedicine, etc.of the project.

✅ Basic requirements for applying for a start-up visa::

1. Innovative Business Plans: Your business venture mustUnique and marketableThe Danish economy and society can be added value to the Danish economy and society.
2. Number of founders: Maximum allowed 3 co-founders Joint application.
3. economic independence: You must prove that you have enough money to support yourself and your family in Denmark, and it is usually recommended to prepare at least DKK 150,000 - 200,000 (approx. 150,000 - 200,000 RMB)The
4. Industry Priorities: Sectors such as technology, sustainability, healthcare, education, artificial intelligence, and fintech are more popular.
5. full time commitment: Entrepreneurs need to be fully engaged in the operation of the business, not just as an investor or part-time operator.

Second, how to apply for a Danish entrepreneurial visa? (Detailed process)

1. Submission of a Business Plan

This is the most crucial step that you need to take to theStartup Denmark JurySubmit a detailed business plan (BP) including:

• Project Overview: Product/service introduction, market analysis, business model.
• competitive analysis: Target market, competitors, your competitive advantage.
• financial plan: Start-up capital, projected revenue, financial planning for the next 3-5 years.
• Team Introduction: Your background, entrepreneurial experience, and technical skills.

💡 Key Tip:
✅ Highlighting Innovation: Your business model or technology must be competitively differentiated from the existing market.
✅ Demonstrating Market Potential: There is a clear market need, user pain point and commercial viability.
✅ Emphasizing the contribution to Denmark: such as creating jobs, promoting scientific and technological innovation, and attracting international investment.

2. Review and approval (3-8 weeks)

After submitting your BP, a panel of judges will assess the viability of your business plan, usually3-8 weeksThe response will be given within the period of time. If approved, you will receivePreliminary Approval Letter (Approval Letter)The

3. Applying for a Residence Permit

Once you have the approval letter, you need to submit it to **Immigration to DenmarkBureau (SIRI)** to apply for a residence permit to start a business, submitting documents including:

• Letter of approval from the Jury
• Passport and Personal Information
• Proof of funds (proof that you can afford to live in Denmark)
• Proof of accommodation (proof that you have a residence in Denmark)

Approval timeApproximately 1-3 monthsThe visa will allow you to travel to Denmark once you have been approved.

III. How to build a successful business? (Strategies for landing operations)

1. Incorporation (CVR number application)

• Recommended choice of company type ApS (private limited company), requires a minimum **40,000 DKK (approximately 40,000 RMB)** registered capital.
• application (form etc) CVR No.(commercial registration number), which is equivalent to a domestic business license.
• Applications are available online and usually1-2 weeksCompleted within.

2. Opening of enterprise bank accounts

• Choose the right bank (e.g. Danske Bank, Nordea, etc.).
• CVR number, business plan and company registered address are required.
• Account Approval1-4 weeksThe business can be officially launched after the approval.

3. Application for tax registration

• Register with the Danish Tax Administration (SKAT) and obtain aValue added tax number (VAT number)The
• If the expected annual income exceeds 50,000 DKK, it is subject to the payment of25% VATThe

4. Employment of staff (if applicable)

• Local or international staff can be hired, and are required to provide a legal contract and pay social security.
• Employee salaries are higher and need to be consideredhigh taxation(40%-55% Personal Income Tax).

5. Marketing and business development

• network marketing: Promote your brand through Google Ads, LinkedIn, social media.
• Local Cooperation: Join a business incubator, attend business fairs, and find investors.
• Expansion of business: Using Denmark as a springboard to expand into the entire European market.

IV. EntrepreneurshipImmigration to Denmarkand recommendations of the Committee on the Elimination of Discrimination against Women

⚠️ Key Challenges

❌ high taxation: 221 TP3T in corporate profits tax and up to 551 TP3T in personal income tax.
❌ Entrepreneurial financial stress: The high cost of living in Denmark makes cash flow management critical in the early stages of business.
❌ Limited market size: The population of Denmark is only about6 millionThe company needs to consider how to expand into the European market.
❌ speech impediment: Although most Danes speak English, Danish is still required for some business and legal matters.

✅ Practical advice

✔️ Utilizing government resources for entrepreneurship: There are several business incubators in Denmark, such as Copenhagen FinTech Lab,AcceleraceThe company can provideOffice space, mentorship, access to financingetc.
✔️ Application for government subsidiesAs InnoBooster(Innovation and Entrepreneurship Grants) can provide up to 500,000 DKK support.
✔️ Building Local Networks: Participate in Danish Chamber of Commerce, Entrepreneurship Salon, etc. to increase industry exposure.
✔️ Do your financial planning: Reserve enough money up front to ensure that your business doesn't fail in the early stages due to cash flow problems.

V. Summary:Denmark Business ImmigrationIs it for you?

Suitable for people::
✅ High-tech, innovative business entrepreneurs(IT, environmental technology, fintech, etc.)
✅ Entrepreneurs with experience in overseas markets
✅ Entrepreneurs willing to accept high taxes and high cost of living

unsuitable people::
❌ People who simply want to obtain residence status but do not want to run a business
❌ Tax-sensitive entrepreneurs with limited capital
❌ People with poor language skills who have difficulty adapting to the European business culture

In summary, Denmark'sHigher threshold for start-up visas, but if your business plan is competitive enough and can be adapted to the local entrepreneurial environment.Denmark will be a highly promising destination for startups!