Denmark introduced executive orders BEK no. 297 and BEK no. 303 on 20  March 2025, extending the digital bookkeeping obligation to more businesses.

The new rules apply to:

  1. Sole proprietorships with an annual turnover over  DKK 300,000 for two consecutive years.
  2. Associations with the same turnover over two consecutive years.
  3. Subsidiaries of financial and insurance companies, previously exempt due to group accounting systems.

This move follows a review by the Danish Business Authority, which found that the cost of implementing digital bookkeeping systems is lower than expected, with greater potential savings.

Businesses must ensure their bookkeeping systems meet the Bookkeeping Act requirements by the 2026 deadline. This transition aims to simplify financial reporting and improve transparency, with a focus on digital bookkeeping systems that can issue, receive, and archive electronic invoices.