- Overview: Denmark
- Global PEO and Payroll
- Global HR Compliance
- Work Permit for Hiring Expats via Global EOR
- Expand without a company set up
- Contractor vs. employee: which is better?
Global Employer of Record in Denmark
What Is a Global Employer of Record?
The Global Employer of Record is the perfect solution for companies looking to expand their business by hiring employees worldwide. The Employer of Record is an innovative talent engagement model that helps companies reduce operational costs and maximize efficiency. With a Global Employer of Record, businesses can tap into an extensive talent pool, grow and succeed in today’s competitive marketplace.
Due to the ever-changing regulatory environment, companies are held accountable for compliance with employment and tax regulations across multiple jurisdictions and seek to understand their global employment risk and how to mitigate it. This means that to be successful in the worldwide employment markets, companies must focus on using efficient global HR models, such as Global EOR, that ensure compliance with complex legal requirements, eliminate risk, and support the needs of their business.
How Global Employer ff Record Solution Can Help Danish Startup Ecosystem?
Global Employer of Record (EOR) companies can play a significant role in building and developing the Danish tech startup ecosystem by helping startups access talent worldwide.
One of the main challenges Danish tech startups face is finding the right talent to help them grow and succeed. Denmark has a small population compared to other countries, so a limited pool of skilled workers is available. Global EOR companies can help address this issue by providing startups access to talent from other countries.
By working with a Global EOR company, Danish tech startups can expand their talent pool and hire skilled workers worldwide. This can help them build diverse, high-performing teams that drive innovation and growth.
Global EOR companies can provide startups with support and expertise in HR, payroll, labour, tax, and immigration compliance. This can help them navigate complex regulations and adhere to local laws.
Global EOR companies can help Danish tech startups expand into new markets and scale their operations globally. They can provide startups with the infrastructure and support they need to establish a presence in new countries, including legal and regulatory compliance, payroll and tax management, and local employment law expertise.
By partnering with Global EOR companies, Danish tech startups can access the talent, expertise, and resources they need to succeed in a highly competitive global market. This can help them build and develop the Danish tech startup ecosystem and produce more unicorns to drive economic growth and innovation in Denmark and beyond.
Employer of Record (EOR) Solution in Denmark
Global Employer of Record is an integrated solution in Denmark that usually provides strategic guidance and a wide array of high-quality, cost-effective services tailored to your specific requirements that can help your company grow and scale up safely. Here are some of them:
- Human resources administration, including payroll, taxes, and benefits administration; employee training and development; recruitment; employee relations; compliance training; background or education checks; timekeeping services in Denmark.
- Regulatory compliance assistance, including payroll tax law and reporting requirements;
- IP protection and offboarding;
- Hiring and HR compliance services, helping you navigate local regulations and avoid prohibited HR practices, including discriminatory job listings, Illegal criminal background checks, misclassified workforce, inaccurate payroll, and tax payments;
- Human resource support;
- End-to-end talent management, including recruiting, onboarding, engagement, performance management, and termination (upon employer approval);
- Liaison with legal counsel on employment issues such as discrimination, wrongful termination, sexual harassment, whistleblower protection, non-compete agreements, severance agreements, and other employment law matters.
- You need a business visa and work permit to employ expatriate personnel in Denmark.
A Global Employer of Record solution means Acumen International can employ the selected candidate or candidates on your behalf in Denmark in record time. We become your trusted partner in Denmark and guide you through local labour laws, thus eliminating any employment risks for you and freeing you from the necessity to go into all legislative specificities or set everything up by yourselves. Also, we will resolve all local labour issues for you, allowing you to focus on your primary business objectives.
Part of the benefits of using our international Employer of Record and payroll outsourcing solution in Denmark is that we can organize work permits and business visas in Denmark required for expatriates’ immigration.
Acumen International offers a global Employer of Record and payroll solution to handle all payroll details while ensuring full compliance with in-country labour and taxation laws.
Global Employment Services in Denmark
Global Employment Journey — Recruitment. Onboarding. Management. Retention. Termination
Compliance and legal guidance at every step of the Global Employment Journey. 24/7 local support.
1. Recruitment |
2. Global Mobility |
3. Checks |
4. Onboarding |
5. Payroll Administration |
6. Working Time & PTO Processing |
7. Benefits Administration |
8. Tax Administration & Reporting |
Offboarding |
| Talent skilled in highly-specialized areas | Employee Work Visa and Work Permit sponsorship | Health checks | Employment Agreement drafting | In-country registration with statutory bodies | Working hours | Mandatory Benefits | Tax Reporting frequency and requirements; | Employment agreement termination: |
| Executive search | Dependent Visa | Criminal record checks | Compliant worker onboarding on your behalf | Day-to-day payroll management | Overtime | Health insurance | Employer taxes & contributions | Dismissal – by the employer |
| Contingency workforce | Visa extension | Background checks | Account setup in the payroll and HR system | Monthly pay slips or other pay frequency | Public holidays | Workers’ compensation | Employee taxes & contributions | Resignation – by the employee |
| Application for a sponsor license for a foreign national | Education checks | Employee data entry and records maintenance | Accruals | Annual leave | Unemployment insurance | Withholding tax | Termination by mutual agreement | |
| Relocation assistance | Managing probation periods | Allowances | Parental leave | Voluntary Benefits | Local tax payments and reporting to local authorities | Notice period handling | ||
| 13th and 14th salary | Sick leave | Share plans for executives | End of financial year reporting | Final settlement & severance payments | ||||
| Additional leave | Bonuses & Equipment provision | De-registration with statutory bodies | ||||||
| Expenses reimbursement & business trip processing | ||||||||
| Health insurance, dental treatment |
Acumen International – Your Single Point of Contact and Global Employment EOR in Denmark
- 100 % compliant, quick, easy market entry. Acumen Global EOR is your local legal entity, helping you reduce the cost and time associated with incorporating.
- Immediate global employment service coverage in 190 countries
- Both a single point of contact and a dedicated account manager for your project for all target countries.
- Compliant and secure global employment operations. We help you adhere to all local laws and regulations in 190 countries.
- A single contract for all in-country services (employment, immigration, legal, etc.)
- A single Global Employer of Record service provider assumes full responsibility for your international employees in multiple countries.
- Payments are made within the UK or to the UK bank company account
- Fully compliant with standardized procedures and reporting systems
- You can delegate to Acumen Global EOR all HR responsibilities. Payroll & benefits administration, background checks, and HR helpdesk
- Standard payroll breakdowns for all target countries
- As soon as we receive your request for a project in any country, we will send you a payroll breakdown and offer within 2 working hours
- Full 100% fee money-back guarantee for the employee or contractor payment delays.
- Tailored and 100% compliant employment contract drafts
- With Acumen in your corner, you can quickly and efficiently onboard and compensate your employees without the risk of legal repercussions
- Acumen Global Employer of Record protects your company’s Intellectual Property rights.
Global Payroll Calculator by Acumen International
Looking to streamline your payroll process? Check out our Global Payroll Calculator. You can say goodbye to manual calculation’s tedious and error-prone task with automated cost calculations. Let our calculator do the work for you!
- Quickly estimate global employment & payroll costs from your desk in real time.
- Empower your teams with advanced functionality to make better and faster hiring decisions.
- Determine the most cost-effective countries and adjust your employment budget accordingly.
- Budget your global expansion moves accurately in real-time. GPC has done the global payroll and tax math and compliance for you.
- Calculate and compare total employment costs in 190 countries.
- Estimate costs for a local and foreign workforce.
- Remove inaccurate manual calculations from your payroll, and cut payroll budgeting time.
- Get instant detailed breakdowns of in-country taxes, contributions, and statutory benefits.
- Eliminate inaccuracies, and save time and money that would otherwise be spent on manual calculations or waiting for quotes from local providers.
- Get complete quotes for a comparison of 190 countries in one click.
- Achieve 100% global employment and payroll compliance.
Spotlight on Denmark:
- Location – Located in Europe and shares borders with Germany.
- Capital – Copenhagen.
- Population – 5.587 million.
- Labour force – 3 million (2021).
- Currency – Danish Krone (DKK).
More and more global companies are seeing the value of hiring international employees in Denmark to have a presence in this market. With local legislative peculiarities, the challenge is to engage the global workforce risk-free and cost-effectively.
With this in mind, Acumen International has designed global employment, aka International Employer of Record (EOR) payroll solution, to help companies like yours expand their international reach or engage the brightest global talent with their projects. Suppose you seek to reinforce your internal team with the expertise of a global talent based in Denmark. In that case, if you have already selected a candidate and want him to work for you remotely from Denmark in a legally compliant way, our global employment solution is the way for you to go.
Like every other country, Denmark has its employment nuances, which must be fully observed to ensure 100% compliance. Trust us to handle the global employment and HR side of your workforce management in Denmark so you are sure that none of these nuances are missed and that your employees are employed and payrolled properly and compliantly.
Comprehensive Employer of Record Solution in Denmark
Global Employer of Record is an integrated solution that is designated to help you rise to the daunting challenges of hiring and managing your remote employees in Denmark, which includes:
- familiarizing with the country’s employment legislation
- onboarding of employees
- payrolling employees on a monthly basis in local currency/ies
- and arranging for visa and work permit if you need to employ expatriate personnel in Denmark
A Global Employer of Record solution means Acumen International can employ the selected candidate or candidates on your behalf in Denmark in a record time. We become your trusted partner and guide you through local labour laws, thus eliminating any employment risks for you and freeing you from the necessity to go into all legislative specificities or set everything up by yourselves. Also, we will resolve all local labour issues for you, allowing you to focus on your main business objectives.
Part of the benefits of using our international Employer of Record and payroll outsourcing solution in Denmark is that we can organize work permits and business visas in Denmark required for expatriates’ immigration.
Recent Employment Tax Updates in Denmark
Some of the recent employee and employer tax updates in Denmark include:
- Personal Income Tax Rates: In 2021, the tax rates for personal income tax in Denmark will range from 8% to 55.8%, depending on the income level.
- Social Security Contributions: In Denmark, social security contributions are paid by both employees and employers. As of 2021, the employee social security contribution rate is 8% of the gross salary, while the employer contribution rate is 8%.
- Employment Tax Credits: Denmark has several employment tax credits that can reduce the tax burden on employers. For example, in 2021, employers could receive a deduction of up to DKK 11,300 per employee for certain expenses related to the employee’s job, such as transportation or work-related education.
Tax laws and regulations can change frequently, so it’s always a good idea to check with a local tax advisor or the Danish tax authorities for the latest updates and guidance.
