4 important steps to follow after your new ApS is incorporated

4 important steps to follow after your new ApS is incorporated

In this blog, we discuss 4 important steps to follow after your new ApS is incorporated:

Step 1: Apply for a “MitID”;
Step 2: Create a mailbox on “e-Boks”;
Step 3: Allocate a “NemKonto”;
Step 4: Transfer the deposited share capital from the lawyer.

Step 1: Apply for a “MitID”

You will need a “MitID” for your company.

The “MitID” is a digital signature, which is used when you log into government websites like SKAT Erhverv, use internet banking systems and access other places online.

If you are a Danish resident, with a Danish CPR number, you will normally already have a personal MitID which can be used for the company also.

This applies if you are the sole shareholder and director in the ApS.

You can start setting up “MitID” for the company here, if you have a Danish CPR number

If you do not have a Danish CPR number, we can help you set up the MitID for the company.

We charge a fee of 2.000 DKK + VAT for this assistance.

Should you need our assistance, we will need the following information from you:

Director:

Full name;
Date of birth;
Scan of passport;
Scan of utility bill;
Mail;
Mobile phone;
Employment contract as director – OR –
A link to the company website showing the name of the director.

Administrator of the MitID users and permissions:

Full name;
Date of birth;
Mail;
Mobile phone.

Step 2: Create a mailbox on “e-Boks”

All mails from the government to the company, are sent to a digital mailbox called “e-Boks”.

Also, some private companies will offer to send their mails here.

It works like a webmail, where you are able to read the emails after login in.

You log in using the “MitID”.

Once you have the “MitID” for the company, you will need to create the company “e-Boks”.

Create a mailbox on “e-Boks”

Please let us know if you need our help to create the “e-Boks”.

Step 3: Allocate a “NemKonto”

Once you have created a new bank account for the company, then we need to make sure, that your bank has appointed the new company bank account as the company “NemKonto”.

A “NemKonto” is basically just the normal company bank account, that gets allocated permission to act as “NemKonto”.

Having a “NemKonto” will enable refunds from the Danish Tax Agency (VAT and tax).

Without a registered “NemKonto”, refunds will wait for a bank account to be allocated as “NemKonto”.

In other words:

No “NemKonto” = No refunds of VAT or tax.

You can contact your bank, and ask them to confirm, that your company has a “NemKonto” allocated.

If you do not have a Danish bank account, you are able to apply to using a foreign bank account instead (f.ex. Revolut).

Apply to use a foreign bank account as NemKonto

Please let us know if you need our help to check if the company has a “NemKonto” allocated.

Step 4: Transfer the deposited share capital from the lawyer

Once you have created a new bank account for the company the lawyer can transfer the deposited share capital to the company.

The share capital is the minimum 40.000 DKK required initial share capital you deposited during the incorporation process to the lawyer’s client account.

Please send us this information about the new company bank account:

Bank name;
Sort code;
Account number;
IBAN;
SWIFT.

We also will need a scan of the agreement you made with the bank that shows the owner of the account and the bank account details.

Once this information is received, we will ask the lawyer to make the transfer of the share capital.

If you have a foreign bank account, the share capital can be transferred here also.

But the bank account always has to be registered in the company name.

Should you have problems registering a traditional Danish bank account we recommend using Revolut:

Link to the Revolut website

Please let us know if you need our help getting the share capital transferred.

Did you apply for a VAT registration?

If you applied for a VAT registration, please be aware that the Danish Tax Agency often request additional information before they approve the VAT registration.

If the Danish Tax Agency request additional information before they accept the VAT registration, they will typically ask these questions

Even though your company is incorporated, and you already have received the CVR number, you still will need to wait until the company is registered for VAT before having VAT applicable sales.

You can check here if the company has been successfully registered for VAT

(Last update of this blog: 9.11.2024)