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EU MEMBERS > Denmark
Denmark business environment
Doing business in Denmark
KEY FACTS

Denmarks’ thoroughly modern market economy features high-tech agriculture, up-to-date small-scale and corporate industry, extensive government welfare measures, comfortable living standards, a stable currency, and high dependence on foreign trade. Unemployment is low and capacity constraints are limiting growth potential. Denmark is a net exporter of food and energy. Because of high GDP per capita, welfare benefits, a low Gini index, and political stability, the Danish living standards are among the highest in the world. (CIA World Factbook)

Currency: DKK
Key exchange rates:
Interest rate: 1.55%
Current inflation: 3.5%
Inflation target: 2-3%
Tax rate: 25%

Major Danish owned companies:

Moller-Maersk
A worldwide organisation with about 117,000 employees and offices in around 130 countries. As well as owning one of the world’s largest shipping companies, Moller-Maersk is also involved in the energy, shipbuilding, retail and manufacturing industries.
TDC
TDC is the leading provider of communications solutions in Denmark and a strong player in the Nordic business market. TDC has developed from a traditional provider of landline and mobile services into a provider of modern communications solutions.

FIRST STOP
Banking
National Bank of Denmark
The National Bank of Denmark is the central bank, and a non-eurozone member of the Eurosystem. The bank's main three main roles are to maintain low inflation, promote safe payments and maintain a stable financial system.
Danske Bank
Measured by total assets, the Danske Bank Group is the largest financial enterprise in Denmark and one of the largest in the Nordic region. The Group comprises business and resource areas. The Danske Bank provides customers with banking products, insurance, mortgage finance, real-estate brokerage, asset management and leasing services.
Legal
Bech-Bruun
A full-service law firm whose clients include multinationals, public authorities, organisations, small entrepreneurial companies and private individuals.
Fabritius Tengnagel & Heini
The oldest law firm in Copenhagen, Fabritius Tengnagel & Heini specialise in international commercial law.
EUROPEAN BUSINESS ENVIRONMENT OVERVIEW
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Denmark
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Capital: Copenhagen
Official languages: Danish
Government: Constitutional monarchy
EU accession: 1973
Area: 43,094 km2
Population: 5,484,723 (July 2008 est.)
Internet TLD: .dk
Calling code: +45
EUROCHAMBRES
Eurochambres, the European Association of Chambers of Commerce and Industry, is one of the key representatives of business to the European institutions. It voices the interests of over 19 million member enterprises in 45 European countries through a network of 2000 regional and local Chambers represented by 45 national - and one transnational - organisations. More than 90% of these enterprises are small or medium enterprises, with chamber members employing over 120 million employees.

Eurochambres is the sole European body to serve the interests of every sector and size of European business - due to the multi-sectoral membership of Chambers - and the only one so close to business, as a result of the Chambers’ regional focus.
http://www.eurochambres.eu
CHAMBER OF COMMERCE IN Denmark
The Danish Chamber of Commerce is a private company owned and funded by its 20,000 member companies. The DCC assists members in all matters relating to trade, transport and service. Membership is voluntary.
http://www.danskerhverv.dk/OmDanskErhverv/Profil/Danish-Chamber-Commerce/Sider/Danish-Chamber-Commerce.aspx