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Bech-Bruun

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Stricter German rules on late payment

Germany - October 13 2014 In order to counter a general issue of bad terms of payment and late payment both on the part of public authorities and many undertakings, the

Implementation of the Insurance Distribution Directive in Denmark

Denmark, European Union - April 25 2017 The new Insurance Distribution Directive (IDD) is to be implemented in Denmark no later than by 23 February 2018. The Danish Implementation Council

Mandatory registration of beneficial owners

Denmark - May 31 2017 With the adoption of new rules for ownership registration, most Danish legal entities are required to register the ultimate individuals owning them

New rules on severance pay

Denmark - January 27 2015 As of 1 February 2015 all salaried employees, who have been continuously employed for 12 years or more, will be entitled to receive a severance pay

New regulation on foreign insurers’ membership of the Danish Guarantee Fund for Non-life Insurance Companies

Denmark - May 22 2017 Gable Insurance, whose insurances were mediated in Denmark by Husejernes Forsikring, went into bankruptcy proceedings in November 2016. In light of

CJEU Brevola case: Danish tax law may be in conflict with EU law

Denmark, European Union - January 24 2018 According to an opinion by the Advocate General, the Danish rules on the possibilities of deducting losses of permanent establishment situated outside

Bill tabled for new Danish act on trade secrets

Denmark, European Union - January 12 2018 The bill implements Directive 2016943EU of the European Parliament and of the Council on the protection of trade secrets. With this bill, Danish

In 2016, SKAT carried out transfer pricing reductions in the amount of DKK 11.5bn.

China, Denmark - December 22 2017 In September 2017 SKAT published its report on transfer pricing regulations for 2016. The report contains, inter alia, key figures for regulations

New version of the Danish Consumer Ombudsman’s advice to influencers on hidden advertising

Denmark - December 22 2017 The Danish Consumer Ombudsman has just issued revised recommendations for influencers, such as bloggers and YouTubers, to help them comply with the

Beneficial owner registration is now overdue

Denmark - December 8 2017 The deadline for registering the ultimate personal owners (beneficial owners) of companies or other legal entities was 1 December 2017. Failure to