UK Limited	SMBA
Type of company	Resident Limited liability company	Resident Limited liability company
Liability	Company liable with its capital	Company liable with its capital
Supervising authority	Companies house in Cardiff	The Danish Commerce and Companies Agency (DCCA) Copenhagen
Registration authority	Companies house	The Danish Commerce and Companies Agency (DCCA)
Share capital	From 1 GBP	Variable
Minimum number Of Subscribers	1	2
Tax	20%	25 % - 0 tax company for foreign Management if no activities in Denmark
Government Register of Directors	Yes	Yes
Government Register of Shareholders	No	No
Use of free profit	Optional according to resolution by General Assembly	Optional according to resolution by General Assembly
Document language	English	English and Danish
Currency for accounts etc	GBP	DKK or EUR
Suffixes TO DENOTE LIMITED LIABILITY	Ltd	A/S, ApS, “Erhvervsdrivende Fonde” (Business funds) AMBA or SMBA
ANNUAL REQUIREMENTS
Submission of accounts	Annual accounts to be submitted – Company Undertakes to submit annual accounts to Company House within 16 - 22 months after founding of Ltd. The accounts to be submitted each year	May be dispensed with if 2 of the Conditions below do not apply : Balance < 900,000 EUR Turnover < 1,900,000 EUR. Less than 10 employees
Auditing	Not necessary	May be dispensed with if 2 of the Conditions below do not apply: Balance < 900,000 EUR Turnover < 1,900,000 EUR. Less than 10 employees
Management	One director required	One director required
Annual return	Yes, the company undertakes to send in an annual Return. to Company House within a year after the Founding of Ltd. The return is a summary of Management, shareholders, share capital etc The return to be submitted each year.	No – it is not necessary to submit an Annual return