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  • Your Escape Plan

10 Good Reasons to Invest in Denmark

  • BY EA Editors
  • October 24, 2014
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10 Good Reasons to Invest in Denmark

1. The safe choice

With bribery practically unknown, Denmark has earned top rankings in the international transparency index for years. The extremely low level of corruption makes Denmark an attractive location for business activities.

 

2. Lucrative market access

Easy access to the entire European Union and next day delivery reach of 100 million of the wealthiest consumers in the world.

 

3. The most flexible labour market

The Danish “flexicurity” model offers a high flexibility in hiring and firing practices. The Danish workforce is among the most productive in Europe and no restrictions apply regarding overtime work, allowing companies to operate 24 hours a day, 365 days a year.

 

4. Highly qualified and motivated talent pool

96 percent of young people complete a secondary education program and 47 percent a tertiary one. English proficiency is in the world’s top three. 4 out of 5 speak English and half the Danes speak German.

 

5. The perfect hub

Copenhagen Airport – the most efficient airport in Europe – is the main hub in the Nordic and Baltic region with 57 operating airlines serving altogether 132 destinations and handling approximately 380,000 tons of airfreight each year with the shortest goods transit times of all European airports.

 

6. Easy business set-up

Denmark is one of the easiest places in the world to do business says the World Bank. Set up a business in one day and have residence and work permits issued in 5 weeks. Foreign companies will benefit from an easy plug ‘n play registration when setting up a business in Denmark.

 

7. World leader in cleantech, ICT and life sciences

20 percent of the electricity used in Denmark is generated by Danish wind power. Danish companies control one third of the global wind market and are the first to exploit 2nd generation biofuels on a commercial basis.

The Danish ICT Cluster centers on an advanced high-tech society, featuring a world-class ICT infrastructure and the world’s most e-ready population.

 

8. Cost efficient

  • Practically no social contribution costs for employees
  • Lowest office rental and corporate taxes (25% which is to be reduced to 22% by 2016) in Scandinavia and below EU average
  • Competitive salary levels for especially management and scientists

 

9. World’s best test market

Not only is Denmark praised as the best test market in the world, it also has world-class IT infrastructure with some of the world’s highest ICT penetration rates for mobiles, broadband and PCs.

 

10. High quality of life

Danes consistently come out as the happiest people in the world on international happiness indices. Copenhagen is among Europe’s 10 most attractive cities (ranking 11th globally). With a residence and work permit you have access to the full range of Danish welfare services, including free medical care and education.

Source: http://www.investindk.com/Why-Denmark/10-good-reasons

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I hope you enjoyed reading this article: 10 Good Reasons to Invest in Denmark. If you have any questions, please contact our office HERE.

I’ve included some great articles for you to read, enjoy!

Active Retirement in Denmark

Pension Fund and Healthcare in Denmark

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10 Good Reasons to Invest in Denmark

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