On 19 May 2022, the Danish Parliament passed a new bookkeeping law – Lov om bogføring – introducing requirements for companies to use a digital bookkeeping system.
Section 16 of the Law requires many Danish companies to use a digital bookkeeping system and make their bookings electronically. The final deadline is yet to be announced but is expected to be July 2024, with the Danish Business Authority announcing they will give businesses enough time to comply with the e-bookkeeping requirements.
Source: SOVOS
Latest Posts in "Denmark"
- Danish Tax Agency Revises VAT Refund Rules: New Flexibility and Safeguards for Businesses
- Denmark Updates VAT Refund Guidance for Suppliers and Customers
- Conservatives Propose Removing VAT on Fruits and Vegetables to Reduce Shopping Costs
- CJEU to Rule on Danish VAT Group Ownership Law Compatibility with EU Directive
- National Tax Court Denies Input VAT Deductions for Pre-Formation Advisory Services in Denmark
