The Kingdom of Denmark is one of the most socially developed states in the world. The high standard of living and social security of the population of this country are ensured, first of all, by the well-functioning work of the state administration, in particular, the efficiently functioning tax system.
In view of this, emigration to Denmark from Russia has become a fairly frequent occurrence. More and more of our fellow citizens are interested in how to leave for Denmark for permanent residence or how to organize business in this country. Let's talk about this in more detail.
Social features of the country
Denmark (the official name is the Kingdom of Denmark) is a state in Northern Europe with a population of more than 5.5 million people. Denmark - a constitutional monarchy, Member of the European Union and one of the founders of NATO.
In this country, free education and medical care, and the cost of living is equal to the size of social benefits and is $ 1,000.
Every Danish citizen has the right to free state medical insurance, which covers any medical expenses, from the birth of children to operations of any complexity. Insurance does not apply only to cosmetic and denture services not for medical reasons.
It is noteworthy that it operates in any country in Europe, and also gives the insured person the right to free language courses and visa in any country in one day. The average salary in Denmark is $ 3,100, after taxes - $ 1,800. From this we can conclude that taxes in Denmark are very high, they make up more than a third of the income received by citizens. Nevertheless, the country is among the ten states with the highest living standards in the world.
Emigration to Denmark: types
The Danes are patriots who honor national culture and paraphernalia and are very fond of their country. However, they are both the most hospitable and loyal to immigrants.
The immigration laws of this country are an example of true democracy. Most applicants for political asylum or a temporary visa can count on a good attitude. You can immigrate to Denmark in several ways. Let's look at each of them.
Marriage with a Danish citizen
Spouses of citizens of this country can safely count on obtaining a permanent residence permit, and subsequently Danish citizenship. The only condition is the reality of the relationship, the Danish immigration authorities carefully check marriages for fictitiousness.
Family reunion
This option of immigration is possible if the marriage is recognized by Danish law. The only condition for applicants is that the age of the spouses must exceed 24 years. After family reunion, spouses are required to live on the same living space.
Education in Denmark
One of the real ways to obtain a residence permit in the Kingdom of Denmark is to obtain an education and subsequent formal employment. Education will be paid, but it will allow you to get a profession, learn a language and find a good job in the country. Having lived for several years in Denmark, an immigrant can count on obtaining a residence permit.
Contract work in Denmark
In Denmark (subject to knowledge of the language), mathematicians and physicists, doctors of some specializations and IT specialists can find work. Denmark also invites foreigners to unskilled labor (harvesters, farm workers, etc.).The conclusion of a contract with a local company makes it possible to obtain a temporary residence permit, which can subsequently be extended.
Business emigration to Denmark
The country also welcomes potential investors and business owners. Denmark's tax system and the state of its economy provide a favorable investment climate, and excellent conditions for starting a business make the country attractive even for foreign businessmen. Every year, many business people whose goal is business emigration to Denmark submit applications for consideration. Immigration services require them to document the business and professional qualities, as well as material capabilities.
Foreign capital is attracted primarily in those industries that are not affected by the availability of natural resources in the country. The emphasis in the Danish economy is on insurance, finance, transportation, trade and services.
Business emigration to Denmark implies the creation of a company in Denmark with an investment of 50 thousand euros and the provision of jobs for the Danes. Subject to the lawful conduct of business, the owner or co-owner of the company has the opportunity to obtain a residence permit, which must be renewed annually for three years. After three years of successful operation of the enterprise in Denmark, the owner or co-owner of the business can count on obtaining a permanent residence permit. After seven years in the country, you can get Danish citizenship.
In view of the foregoing, it can be concluded that business emigration to Denmark is possible with a good idea, entrepreneurial spirit and free material means.
Tax system
It is believed that Denmark is the champion in the amount of tax deductions to the budget. Taxes in this country make up more than 50% of the gross national product.
But the tax system in Denmark is integrated into the economy, and therefore tax revenues are spent primarily on social programs, labor funds, advanced training for workers. Thus, the money paid, turning in the economy, is returned to citizens.
One of the main fees in Denmark is the income tax on individuals, as for most residents of the country, wages or pensions are the only source of income. Residents of the country pay 14.5% of personal income (if it exceeds 173.1 thousand Danish kroner, another 5% is collected), as well as 50% of property income in Denmark and abroad. Non-residents pay taxes only on income received in the country. All Danish citizens pay social tax at a rate of 7% of their salary.
Corporate Income Taxes
For the main part of companies, including foreign ones, Denmark has a tax rate of 34%. As for production, purchasing, and marketing associations, they pay 16% of revenue to the budget.
Dividends are not taxable if their recipient owns more than 25% of the company’s shares during the financial year. In another case, 66% of retained dividends should be included in the tax base.
For each employee, the employer must pay Danish kroner 1491 monthly to the pension fund.
If the annual turnover of a company operating in Denmark exceeds 20 thousand Danish kroner, then it must register as a VAT payer. The VAT rate in Denmark is 25%. Enterprises operating in the fields of medicine, passenger transportation, finance, education and some others are exempted from this tax.
Entrepreneurs whose annual turnover does not exceed 10 thousand Danish kroner are exempt from paying taxes.
