What happens to a business upon death?
What happens to a business upon death when the owner or one of the owners dies? Who has the right to take over the business? How is the value calculated? Can the business even be continued? Many questions arise if the owner of a business suddenly dies. The answer to this question depends on the type of business in question. […]
The Companies Act will be amended as of July 1, 2018.
With effect from 1 July 2018, the Danish Companies Act has been amended in several respects. In future, a limited liability company can be established for DKK 400,000 (previously DKK 500,000). This also means that existing limited liability companies can reduce their share capital if this is advantageous. SMBA and FMBA can in future be converted into limited liability companies. When converting IVS to ApS, it can […]
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