What is an ApS (private limited company)?

In short

An ApS (anpartsselskab) is a private limited company with limited liability and a DKK 20,000 capital requirement. Owners generally only risk their contribution.

In practice

In return come more duties: an annual report to the Business Authority, a general meeting and 22% corporate tax — and the owner is taxed only when taking out salary or dividends.

Go deeper: Sole proprietorship or ApS: which should you choose?

Related terms

• Enkeltmandsvirksomhed (sole proprietorship)
• Holdingselskab (holding company)
• See every term in the dictionary

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