Denmark does not have a direct citizenship-by-investment program. Denmark has thrown open its doors to entrepreneurs looking to permanently settle in Denmark. Through the Startup Denmark program. Start-up Denmark is a visa scheme that was launched on 1st January 2015 by the Danish Government to allow talented entrepreneurs to relocate and grow high-impact start-ups in Denmark. An entrepreneur with an innovative business idea, which can contribute to the growth and new employment in Denmark can be granted a residence and work permit in order to operate an independent company in Denmark.
After 5 years of continuous residence, holders of visas are eligible for permanent residency, and after 9 years of continuous residence, they can apply for Danish citizenship.
Start-up Denmark Scheme
Start-up Denmark is a scheme for foreign entrepreneurs allowing you to be granted a Danish residence permit to establish and run an innovative growth company.
Your business idea must be approved by a panel of experts appointed by the Danish Business Authority before SIRI can process your application for a residence and work permit based on the scheme.
The scheme can be used by both individuals and teams of up to 3 people who want to start a business together in Denmark through a joined business plan.
If you apply for a Danish residence permit based on the Start-up Denmark Scheme, you must have sufficient funds to support yourself and any family members in Denmark (Section 9(4) Aliens (Consolidation) Act) for the initial year. This amounts to:
The documentation required for the Denmark Startup Visa for Entrepreneurs includes:
Permanent Residency Permit Eligibilities:
You have to apply for a Denmark Startup Visa on the Danish Agency for International Recruitment and Integration website. Here’s how to apply for a Denmark Startup visa:
Step 1. Create Case Order ID
The first thing you need to do is create a case order ID on the SIRI website. This creates a Profile on your visa application. Choose “Start-up Denmark” as the case type, and provide personal information (name, surname, email, etc.). Wait to receive your case number.
Step 2. Pay the Visa Application Fee
Step 3. Complete the Application Form
Use the SD1 application form to apply for a Startup Denmark visa. Follow the instructions on filling in the application and what documents you need. Make sure your documents are ready in digital form.
Step 4. Register Your Biometrics
Take your photo and biometrics within 14 days of your submission. You can record your biometrics at a Danish diplomatic mission abroad or in one of SIRI’s branch offices.
Step 5. Submit the Required Documents for a Startup Visa
The documents you must submit for your Danish Startup Visa application are:
Step 6. Receive an Answer
The processing time for the Denmark Startup Visa is one month. SIRI will notify you via email or SMS.
After you receive your visa, you can launch your startup in Denmark. There are many public initiatives in Denmark that can assist you in growing your startup. Your first point of contact should be the local Business Development Centre.
Privacy World offers its services to anyone, not only looking to obtain residency and/or citizenship processes but our experts figure out legal ways to:
Privacy World can also help you with incorporating your company in Denmark, assisting in getting you settled in the country, and coordinating with you so that this experience will be less of a hassle.
Want Privacy World to handle your case? Have any questions? Contact us!
Yes. Denmark allows dual citizenship.
Yes. Dependents can be included in the application.
Yes, but you must not give up your Danish address or stay abroad for longer than 6 successive months. A violation will result in the lapse of your permit. This means that you will lose your right to stay in Denmark.
If you need to stay abroad for a longer period of time, you can apply for a dispensation to prevent your permit from lapsing.
No. There are no requirements for an interview.
No. There are no requirements for language proficiency.
Yes. It required you to pass the Danish language test to obtain permanent residency in the country.
No. A Danish residence and work permit do not allow you to work in other Schengen countries. You are only allowed to work in the business that you have been granted a permit to work in.
Individuals who are residents in Denmark are subject to full tax liability (i.e. liable to tax on their worldwide income unless the individual is considered to be a tax resident in another country according to a double taxation treaty [DTT]).
A non-resident of Denmark is a person who does not fulfill the residency requirements, and they are generally assessable only on income derived directly or indirectly from sources in Denmark. Employment income is generally treated as Danish-sourced if it is paid from a Danish source and derived from work performed in Denmark.