The Danish Business Authority announced new rules under the Danish Bookkeeping Act that require companies to use digital bookkeeping systems capable of handling e-invoices, starting 1 January 2025.
From 1 January 2026, this will also apply to all VAT-registered entities, including those not based in Denmark, with turnovers over DKK 300,000 for two consecutive years. Entities registered in Denmark after 1 January 2026 must comply once their net turnover exceeds DKK 300,000 for two successive fiscal years, based on actual, not expected, turnover.
Earlier, Denmark expanded digital bookkeeping requirements for sole proprietorships and associations with annual turnovers exceeding DKK 300,000 for two consecutive years, and subsidiaries of financial and insurance companies previously exempt.
The Danish Business Authority notified companies about new digital bookkeeping rules under the Danish Bookkeeping Act, which became effective on 1 January 2025.
