- New digital bookkeeping rules announced by the Danish Business Authority under the Danish Bookkeeping Act
- Companies must use digital bookkeeping systems capable of handling e-invoices starting 1 January 2025
- From 1 January 2026, all VAT-registered entities must comply, including those not based in Denmark with turnovers over DKK 300,000 for two consecutive years
- Entities registered in Denmark after 1 January 2026 must comply once their net turnover exceeds DKK 300,000 for two successive fiscal years based on actual turnover
- Earlier expansion of digital bookkeeping requirements for sole proprietorships and associations with annual turnovers exceeding DKK 300,000 for two consecutive years
- Subsidiaries of financial and insurance companies previously exempt are now included
Source: regfollower.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.
