BEK nr 297 of 20/03/2025
- New Digital Bookkeeping Obligation: An executive order mandates that certain companies not required to submit annual reports under the Danish Financial Statements Act must register for digital bookkeeping if their net turnover exceeds DKK 300,000 for two consecutive years.
- Effective Date of Provisions: Sections 16 and 17 of the Danish Bookkeeping Act, concerning the digital bookkeeping requirement, will come into effect for the next financial year and will apply specifically to eligible companies starting on January 1, 2026.
- Consultation and Legislative Background: This decision follows consultations with the Minister of Taxation and is part of the broader implementation of the Danish Bookkeeping Act, aiming to streamline bookkeeping practices for small businesses.
Source Retsinformation.dk
