What is virksomhedsordningen (the business tax scheme)?

In short

Virksomhedsordningen (VSO) is a tax scheme for personally owned businesses giving full deduction of interest costs and the option to retain profit at a provisional 22% tax.

In practice

VSO resembles company taxation without an ApS — but demands strict separation of private and business finances and more advanced bookkeeping. Get help with it.

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

Related terms

• Enkeltmandsvirksomhed (sole proprietorship)
• B-indkomst (untaxed income)
• See every term in the dictionary

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