This document provides an overview of business opportunities and considerations related to intellectual property (IP) in Denmark. It discusses that an overall IP strategy is important, as IP laws may differ from the US. Rights must be registered and enforced under local Danish law. Services related to IP registration, disputes, litigation, contracts, and strategies are described. Personal data compliance requirements and processes for starting a business in Denmark are also outlined. The document then reviews Danish tax law, trade policies, tariffs, membership in international organizations, and the shipbuilding industry and market in Denmark.
3. 3
IP Resources
First, it is important
to have an overall
strategy to protect
your IP.
Second, IP may be
protected
differently in
Denmark than in
the United States.
Third, rights must
be registered and
enforced in
Denmark, under
local laws.
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4. 4
• IP registration of trademarks, designs, domain names, patents, etc.
• IP disputes before the Danish Patent and Trademark Office and the Danish
Complaints Board for Domain Names.
• IP litigation on infringement and invalidity.
• IP due diligence in M&A.
• IP contracts on assignment, confidentiality, cooperation and licensing.
• IP strategies.
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6. 6
4.2 Enforcement of Contracts
Time
Quality of
judicial
processe
s index
Court
structure
and
proceeding
s
Case
Managemen
t
Court
Automation
Alternative
dispute
resolution
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7. 7
4.3 Procedure for starting a business
Hire staff for the business.
Make sure you have sufficient financial resources.
Register your business.
Assign a board of directors for your new business.
Before setting up the business, make sure to consult an accountant or a lawyer to get
professional advice on which business model will be most suitable for you.
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9. 9
Tariff
•Denmark has historically maintained a no-barrier policy and is
often in the lead in the international fight against non-tariff barriers.
•Duties typically vary from 5.0% to 14% on industrial goods.
•A Value-Added-Tax (VAT) of 25% is applied on a non-
discriminatory basis to all goods (and almost all services) sold
in Denmark, whether imported or locally-produced.
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VAT on Denmark
•Denmark VAT law
•Danish VAT returns
•Danish VAT refunds
•Denmark VAT compliance
•Denmark - Intrastat and EC Sales Lists
•Danish VAT rates
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12. 12
Monetary policy of Denmark
Income tax Land value tax
Local income
taxes and other
income taxes
Maximum
income tax
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13. 13
Membership in regional economic
and trading blocks
EU (European Union)
European Free Trade Association (EFTA)
WTO ( World Trade Organization )
OPEC (Organization of the Petroleum Exporting Countries )
NATO (North Atlantic Treaty Organization )
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6.a) Market prospects
Small and medium-sized ships for the highly competitive European
market.
Bangladeshi yards have manufactured and exported ferries, cargo
vessels, and ocean-going multi-purpose ships worth more than $500m.
Small beginning compared with giants such as China, Japan and
South Korea.
Skilled manpower and our labor cost is cheaper than many other
countries.
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