Denmark Introduces Digital Bookkeeping Rules for Foreign VAT-Registered Businesses Effective 2026

Denmark introduced a new bookkeeping system on January 1, 2025, mandating electronic storage and SAF-T data exchange, and announced future changes to digital bookkeeping requirements for foreign VAT-registered entities.
From January 1, 2026, non-resident VAT-registered businesses with turnover over DKK 300,000 (EUR 40,000) for two consecutive years must comply with Danish digital bookkeeping rules.
Violations of digital bookkeeping rules can result in penalties of up to DKK 1.5 million (EUR 200,000), with potential audits and qualified opinions issued if systems don’t meet compliance criteria.
VAT-registered foreign entities should prepare systems to handle e-invoices using OIOUBL and Peppol BIS formats and generate SAF-T files containing all necessary data before the new rules take effect.