Denmark has clarified its VAT exemption for authors and artists, effective January 2025, while introducing limitations on certain intellectual property transactions. While artistic services like live performances and creative outputs remain VAT-exempt, the exemption no longer applies to copyright transfers, patents, trademarks, or licensing fees from third parties. Denmark has announced a clarific... Read more

Starting January 2025, Denmark’s next phase of the Bookkeeping Act will require businesses to maintain digital bookkeeping, issue and receive e-invoices, and provide SAF-T format data upon request. These mandates will apply to companies using non-certified accounting systems and will expand to all businesses with an annual turnover exceeding DKK 300,000 by July 2026. Read more

Starting March 1, 2025, Greenland will mandate digital invoicing for all goods and services provided to public authorities, requiring compliance with automated processing standards. Public authorities must register with the NemHandelsRegister and provide specific contracting details, while smaller entities may qualify for exemptions based on annual turnover thresholds. This initiative reflects Gre... Read more

Denmark will implement the OIOUBL 3 Invoice Package for e-invoicing, introducing enhanced compliance, interoperability, and alignment with European standards starting November 15, 2025. Key updates include clearer business and message-level responses, mandatory two-way profiles, and field adjustments to support structured data like environmental metrics. A phased migration plan ensures a smooth tr... Read more

Denmark's Tax Council has clarified that one-time payments received by public authorities for concession agreements on charging station operations are subject to VAT. Read more

As of January 1, 2025, Denmark will implement new digital bookkeeping regulations as part of the Danish Bookkeeping Act. The Danish Business Authority has announced that all companies will be required to adopt a digital bookkeeping system capable of processing and storing electronic invoices, managing relevant documents, and supporting the SAF-T (Standard Audit File for Tax) format for data exchan... Read more