- Denmark introduced mandatory fiscalization rules with implementation date of January 1st, 2024
- Rules apply to businesses in specific industries with annual turnover less than DKK 10 million
- Obligation to use a digital sales registration system (DSRS) with specific functionalities
- DSRS must record all actions and transaction data in electronic journal
- Data in electronic journal must be digitally signed for integrity verification during audits
- File from electronic journal must be transferable digitally
- Electronic journal must contain information for each transaction and additional data
- Compliance with legal and fiscal regulations is crucial
- JB Fiscal Consulting provides information and assistance for compliance
- Limitation of liability and copyright information provided by JB Fiscal Consulting
Source: jbfiscalconsulting.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Denmark"
- Updated DAC7 and DAC8 Reporting Rules for Digital Platforms and Crypto-Asset Service Providers
- Denmark’s 2026 VAT Changes: Impact on Education, Fitness, and Mental Sports Activities
- Denmark’s Conservative Party Proposes Removing 25% VAT on Fruits and Vegetables to Lower Costs
- Denmark Finalizes SAF-T 2.0 Consultation, Prepares for Enhanced Digital Accounting Standards
- Denmark Launches Consultation on SAF-T 2.0