From 1 January 2026, Denmark’s Bookkeeping Act will require VAT-registered businesses with turnover above DKK 300,000—including foreign VAT-registered entities—to use compliant digital accounting systems instead of paper-based records. These systems must support structured e-invoicing (OIOUBL/Peppol BIS), digital archiving, and SAF-T generation, with non-compliance subject to supervision by the Danish Business Authority and fines of up to DKK 1.5 million
Denmark: Digital accounting obligations from 2026
Public
Denmark
Author: Ivana Picajkić
Category:
Fiscal subject related
General information
Views:
46
Content accuracy validation date:
04.02.2026
Content accuracy validation time:
08:11h
Denmark has introduced new digital accounting rules under the Danish Bookkeeping Act. These rules are being introduced in phases and will fully apply to certain businesses from January 1, 2026.
From January 1, 2026, the rules apply to:
- All VAT-registered businesses with a net turnover above DKK 300,000 (EUR 46,740) for two consecutive years,
- Danish companies and foreign companies that are only VAT-registered in Denmark but carry out taxable activities there.
Businesses must:
- Use digital accounting systems instead of paper or manual records,
- Record, store, and manage accounting data electronically.
The accounting system must be able to:
- Issue and receive electronic invoices in structured formats such as OIOUBL and Peppol BIS,
- Store accounting data digitally in line with Danish rules,
- Generate SAF-T (Standard Audit File for Tax) when requested by the tax authority
(there is no obligation to submit SAF-T regularly).
Penalties and supervision:
- Non-compliance can lead to significant penalties,
- Fines can reach up to DKK 1.5 million (approx. €200,000) for serious or repeated breaches,
- Compliance is supervised by the Danish Business Authority, working together with the Danish Tax Administration.
If a business is VAT-registered in Denmark and meets the turnover threshold:
- Paper-based accounting is no longer allowed,
- A compliant digital accounting system is mandatory,
- The system must support e-invoicing, digital archiving, and SAF-T generation,
- These rules also apply to foreign VAT-registered businesses.
Other news from Denmark
Denmark: OIOUBL 2.1 – Schematron version 1.17.0. 1.17.0. RC
Public
Denmark
Author: Ivana Picajkić
Denmark
Author: Ivana Picajkić
Denmark has released OIOUBL 2.1 Schematron v1.17.0 (Release Candidate), introducing stricter tax code consistency checks, enhanced Peppol VAT code alignment, and mandatory currency validation on amount fields. The final version is expected in mid-February 2026, with mandatory implementation by 15 May 2026, giving businesses additional time to test and adapt their invoicing systems. The Danish Busi... Read more
Denmark Moves Forward With Digital Bookkeeping as OIOUBL 3.0 is Cancelled
Public
Denmark
Author: Ivana Picajkić
Denmark
Author: Ivana Picajkić
In 2026, Denmark completes the final rollout of its Digital Bookkeeping Act, extending mandatory electronic accounting and invoicing to around 118,000 additional businesses from 1 January 2026, with in-house systems granted a transition period until 1 July 2026. At the same time, the planned OIOUBL 3.0 e-invoice format has been formally cancelled, creating short-term technical uncertainty as autho... Read more
New document was uploaded: EV-chargers from the Fiscalization Perspective in Denmark
Denmark
Author: Ivana Picajkić
The purpose of this document is to explain rules regarding the treatment of EV chargers for electric vehicles in Denmark in relation to fiscalization. The document will explain whether they are subjects of fiscalization or not, whether there are some special rules and regulations, or if there are some special rules. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
Denmark Proposes Major Tax Reform: Chocolate and Coffee Taxes to Be Abolished
Denmark
Author: Ivana Picajkić
Denmark has proposed a broad tax reform under the 2026 Finance Act that would abolish the chocolate, confectionery, and coffee taxes, introduce zero VAT on books, and simplify the tax system to reduce everyday costs and support social and economic priorities. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
Denmark’s Economic Council Rejects Lower VAT on Groceries
Public
Denmark
Author: Ivana Picajkić
Denmark
Author: Ivana Picajkić
Denmark’s Economic Council advises against lowering VAT on food, citing high costs, management difficulties, and minimal benefits for needy households. They recommend direct financial support for low-income families and subsidies for healthy food instead, emphasizing the simplicity of Denmark’s current single VAT rate of 25%. Denmark’s top economic advisers have warned against lowering VAT o... Read more
Denmark Introduced New Coins Featuring the Current Monarch
Public
Denmark
Author: Ivana Picajkić
Denmark
Author: Ivana Picajkić
Denmark introduced redesigned coins on December 2, 2025, featuring King Frederik X through updated portraits and monograms, along with a new symbol inspired by the octagonal layout of Amalienborg Palace Square. The new designs apply to the 20-, 10-, 5-, 2-, and 1-krone coins, while all existing coins remain legal tender and continue to circulate. Danmarks Nationalbank introduced new Danish coins i... Read more