- New digital bookkeeping rules in Denmark start on 1 January 2026
- Applies to businesses with annual revenue over DKK 300,000
- Includes foreign businesses registered for VAT in Denmark
- Part of the third phase of the Danish Bookkeeping Act
- Act aims to modernize and digitalize VAT reporting
- Businesses must use an approved or compliant bookkeeping system
- Systems must handle e-invoices in Danish and international formats
- Must export data via a Standard Audit File for Tax if required
- Additional requirements include process description, storage, IT security, and backups
- Uncertainty exists about the scope for foreign businesses
- Deloitte Denmark is seeking clarification from authorities
Source: taxathand.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.
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