Start your own business

Are you thinking of becoming an entrepreneur or self-employed? Do you have control over all the areas needed to succeed?

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Start your own business

Do you want to start your own business? But are you lacking an overview of the many different aspects in the area? Then you need to read along here.

It can be difficult to navigate through the many options, and it can be a bit intimidating to start a company if you have not done the legwork properly. This legwork consists of research: how to start your company, business plan, economic overview, and much more.

With Startup Central, we work hard to make it easy for you to become an entrepreneur and self-employed.

Here, we provide you with an overview of what you need to be on top of when starting your own business.

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CVR

CVR is short for Det Centrale Virksomhedsregister (The Central Company Register) and is a register containing information about all Danish businesses and companies. All CVR registered businesses have a number of identification, which can be compared to a personal CPR-number. This register contains all the basic information about the company connected to the CVR-number such as name, address, start- and possibly end date, branch, and much more.

As a general rule, all companies in Denmark must have a CVR-number, though there are exceptions for companies with a turnover of less than 50.000 kr. per year, as they are not required to register for a CVR-number.

The advantage of having a CVR-number is, among other things, that partners and customers find the company trustworthy as well as the company being able to deduct its expenses from the taxes.

Get an overview of what CVR costs, how to get one, and much more.

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Company types

A company type is a way to organize your company. There are several different company types; you need to be aware of how you want to organize your company before you choose, as each type has different demands that need to be met.

Overall, a company is an independent legal entity. Generally, creditors can only take outlays in the share capital. Therefore, there is no personal liability for the owners unless they have provided a guarantee for the company.

Startup Central recommends that you contact a lawyer – even though VIRK has a thorough guide, many people do not fill out all the fields correctly. Startup Central has partners that you can get some good deals through.

Get an overview of the company types.

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