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The fiscalization requirements in Denmark do not mandate any hardware or technical solutions that have to be implemented. Instead, software functionalities are the prime area of Danish fiscalization regulation. Signing transactions and storing transaction data are at the core of the system.
Denmark
Denmark introduced its first fiscal requirements in 2019. Mandatory POS functionalities have to be implemented by law, while the specifics of the digital signature, electronic journal, and SAF-T are given in the technical documents provided by the Danish Tax Authority.
Type of fiscalization: Software
Latest news for Denmark
See moreDenmark's Cash Payment Limits: What You Need to Know
In Denmark, businesses are prohibited from accepting cash payments of 20,000 kroner (approximately 2,689 euros) or more in a single transaction to combat money laundering, while consumers must report large cash payments of 8,000 kroner or more to avoid tax liability. Read more
Denmark's Cash Payment Limits: What You...
In Denmark, businesses are prohibited from accepting cash payments of 20,000 kroner (approximately 2... Read more
As online shopping continues to grow, the European Union is planning to implement new regulations to protect local e-commerce sellers. One significant change affects consumers who shop on international platforms like Temu or AliExpress. The EU has already taken some steps at the first sign of growing foreign e-commerce sellers, and since July 1, 2021, all goods entering the EU, regardless of their... Read more
EU to protect domestic e-commerce seller...
As online shopping continues to grow, the European Union is planning to implement new regulations to... Read more
One way to validate VAT numbers in the EU is the VAT Information Exchange System (VIES), which is a crucial tool for businesses operating within the European Union. Owned by the European Commission, VIES is a search engine that retrieves data from national VAT databases to verify VAT numbers. Here’s a detailed look at how VIES works and its significance. How VIES Works When a search is made usi... Read more
EU VAT Validation Tool
One way to validate VAT numbers in the EU is the VAT Information Exchange System (VIES), which is a... Read more
The first phase of Denmark’s accounting digitalization has begun
As of July 1, 2024, Denmark's new Bookkeeping Act mandates the digitization of all accounting processes, including invoicing. This marks the beginning of a phased implementation plan introduced by the Danish government in 2022 to modernize and streamline accounting practices across the nation. The Bookkeeping Act requires businesses to adopt either certified digital bookkeeping software approved b... Read more
The first phase of Denmark’s accounting...
As of July 1, 2024, Denmark's new Bookkeeping Act mandates the digitization of all accounting proces... Read more
How are returns processed on the POS in Denmark?
When it comes to managing item exchanges in Denmark, businesses need to ensure proper registration in their digital sales systems. More details are as follows: Read more
How are returns processed on the POS in...
When it comes to managing item exchanges in Denmark, businesses need to ensure proper registration i... Read more
The use of e-invoicing in Denmark
While Denmark has been a pioneer in the implementation of B2G e-invoicing, leading the way since 2005, the introduction of B2B e-invoicing is going slower than expected. Directive 2014/55/EU, fully transposed into Danish law, requires central, regional, and local authorities to receive and process electronic invoices. Economic operators and suppliers to public bodies are also required to submit e... Read more
The use of e-invoicing in Denmark
While Denmark has been a pioneer in the implementation of B2G e-invoicing, leading the way since 200... Read more
Latest document for Denmark
See moreOverview of fiscalization in European countries
This document contains an overview of the presence of fiscalization and its types in all European countries. Read more
Overview of fiscalization in European co...
This document contains an overview of the presence of fiscalization and its types in all European co... Read more
Digital Product Passport
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more
Digital Product Passport
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in th... Read more
Recorded webinar: It’s time to grow together
In this discussion, we have introduced our new partner program and what is essential for international growth, while dealing with topics such as - Success factors for POS applications - What does globalization mean? - How to grow globally? Furthermore, we presented benefits for our partners. Last but not least, we presented our fiscal cloud architecture and its important features. Read more
In this discussion, we have introduced our new partner program and what is essential for internation... Read more
The purpose of this document is to provide an overview of the fiscalization requirements by comparing and contrasting the rules and regulations in Norway and Denmark. The document itself will include all relevant information from the most important laws that regulate this matter and provide insight into the similarities and differences between these two fiscal systems. The reason for comparing these two fiscal systems is that the Danish system is based on the Norwegian fiscal system with few differences, which will be highlighted in the text. Read more
Fiscal law comparison between Norway and...
Legal Q&A – Denmark
Q&A is a crucial document containing answers to common questions when it comes to fiscalization. Its content spares you the precious time you would invest in researching this specific field. This document, prepared by our experienced fiscal experts, unveils answers to questions such as: What is the type of fiscalization in the country? When did it start, and what was the timeline? What does the history of changes look like? What is the law? Which are the other regulations? Where does fiscal law need to be implemented? These examples concern only some general questions, but there are also chapters describing journals, communication with authorities, taxes, VAT, etc., and therefore questions and answers concerning these topics. Read more
Legal Q&A – Denmark
Q&A is a crucial document containing answers to common questions when it comes to fiscalization. Its... Read more
Important characteristics of the fiscalization system – Denmark
This valuable document is a yes-or-no-based analysis that represents the general fiscal requirements in Denmark. It addresses the main characteristics of the elements necessary for successful fiscalization with useful comments. For example: - Is there a hardware fiscal device usage? - Is a POS application certification needed? - Is there direct communication with tax authorities? - Is a layout of receipts defined? Please be free to read or download the document we have carefully prepared for you. Read more
Important characteristics of the fiscali...
This valuable document is a yes-or-no-based analysis that represents the general fiscal requirements... Read more