GC - Finance Udklip Greater Copenhagen Financial Business Profi | Page 14

Greater Copenhagen Financial Hub
Denmark ranks #1 as Europe’s
best place to do business
Low corporate taxation
Denmark has a competitive corporate
income tax rate of 22%.
%
40
20
10
0
Key factors include legal conditions, tax
laws and shareholder rights. Forbes is also
a fan of Denmark, naming it the world’s
best country for doing business in 2016.
1. Denmark
2. UK
3. Sweden
4. Norway
5. Finland
30
The World Bank has been measuring
ease of doing business since 2003, and
Denmark tops the rankings in Europe.
Europe’s best according to the World Bank
Source: World Bank: Doing Business 2016
Low employer contributions
Denmark offers the world’s lowest employer
costs, with employers paying less than 1% (max.
EUR 1,350) per employee per year in social
contributions. This is because healthcare and
social welfare benefits are financed by the
Danish state, and most pension schemes are
private rather than public.
26 / 36