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

In many fiscalization systems, pop-up stores and so-called street and market sales fall under the same fiscalization obligation as regular stores, while other systems carve out special exemptions for these types of sales. In Denmark, the obligation is tied to the ability to print receipts. In circumstances where printing a receipt is not feasible, businesses are exempt from producing a simplified... Read more

In the following, we explain in detail facts about 15 technical requirements regarding POS systems in Denmark, such as Can the sales registration system generate an X report? Can the sales registration system generate a Z report?Does the sales registration system have SAF-T as the default file format? etc Read more

In March 2024, Denmark plans to lower the cash payment limit from 20,000 to 15,000 kroner (1300 EUR), marking a significant push towards digitalization. This initiative mirrors Denmark's gradual departure from cash, favoring digital transactions, which already dominate retail purchases. By 2023, digital payments will constitute almost 90% of all transactions in physical stores, facilitated by the... Read more

Businesses in Denmark that use cash register systems must record and report their sales transactions to the tax authority in a digital format called SAF-T. To do this, they need an OCES certificate, which is a digital document that proves their identity and authority. But, what else do they need to do? They must sign the transaction data with their OCES certificate, which ensures its authenticit... Read more

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.You can down... Read more

From January 1st, more businesses in Denmark are bound by the fiscalization regulation and have to be able to prove that their digital sales registration systems (POS) meet certain requirements. Let's explore further about this. The Danish Tax Agency has underscored the severity of non-compliance by introducing escalating fines for businesses found to be in violation during routine inspections.... Read more

Denmark, like many countries, has specific regulations concerning the issuance of receipts by businesses. While fiscalization primarily targets certain businesses to ensure transparency and compliance, other companies outside this scope are not exempt from providing evidence of transactions. The pertinent question then arises: Do companies outside of the fiscalization scope have to issue receipts... Read more

Denmark has chosen to center its fiscalization effort around the cash register SAF-T file, as recommended by the OECD. Apart from providing the necessary technical manuals for a compliant POS solution, the Danish Tax Administration has another useful tool for POS providers. To further support the ongoing development of digital sales registration solutions (POS) by suppliers, a crucial tool has bee... 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

If you are a retailer in Denmark, you need to follow some rules on how to display prices for your goods and services. These rules are based on the Danish Marketing Practices Act, which aims to protect consumers from misleading or unfair marketing practices. Here are some of the main rules you should know... You must display the total price of the product or service, including all taxes, fees, an... Read more

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

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

Danish businesses that use electronic cash register systems must comply with a specific standard for exporting data from their systems in XML format. The standard, called SAF-T Cash Register, is part of the SAF-T (Standard Audit File-Tax) project initiated by the Danish Tax Administration, based on a recommendation by the OECD. SAF-T Cash Register contains journal data from electronic cash registe... Read more

 The Danish Requirements and Guidelines for Implementing Digital Signatures in Cash Register Systems is a document that outlines the requirements and guidelines for businesses to implement digital signatures in their cash register systems. The document aims to ensure the authenticity, integrity, and confidentiality of all transaction data. Read more

As established in 2019, the fiscalization system in Denmark is voluntary for all taxpayers, and with the law changes in 2021, the Danish Tax Authority gained the right to order certain companies to comply with the fiscalization rules. The Danish Tax Authority (SKAT) can order a company to switch to a POS system that fulfills all legal obligations if they suspect fraud or tax evasion. In that case,... Read more