The Budget Bill for 2017 was enacted on 15 December 2016 and the proposed changes regarding corporate taxation are summarized below:

The following measures relate to corporate tax:

i) An allowance for corporate equity (ACE) will be introduced from 2019.ii) An additional deduction is introduced for further investments in research and development (R&D). iii) Similarly, small and medium-sized enterprises may write off 150%, and large enterprises 125%, of their qualifying R&D investments between 2017 and 2025. and iv) New enterprises set up between 2017 and 2019 with taxable profits up to DKK 7 million will be exempt from corporate income tax for a period of 3 years.