In Denmark, a NemID serves as a digital signature that allows individuals to log in to government websites and online banking systems. It can be ordered at https://www.medarbejdersignatur.dk/. The website is only available in Danish.
Government institutions deliver emails to a digital mailbox called "e-boxes," which can be accessed with a NemID. Private companies may also choose to use this system. Similar to an internet mailbox, e-boxes can be accessed after logging in with a NemID. Once a NemID for a company is obtained, a company e-Box must be created.
3rd STEP: ASSING "NEMKONTO"
When creating a new company bank account in Denmark, it is important to ensure that it is designated as a NemKonto. A NemKonto is a regular company bank account that is given permission to operate as a NemKonto. Having a registered NemKonto allows companies to receive reimbursements from the government, such as tax or VAT refunds. To verify if a bank account has NemKonto status, individuals can visit https://www.nemkonto.dk/ or contact their bank for confirmation. If a company does not have a NemKonto, tax refunds cannot be counted on. It is also possible to use a foreign account as a NemKonto by submitting a special form.
After setting up a new company bank account in Denmark, the lawyer who handled the registration process can transfer the minimum required initial capital of DKK 40,000 to the company account. This initial capital was deposited in the lawyer's client account at the time of registration. To transfer the equity, the company should ask their lawyer for assistance. If any difficulties arise during the registration process for a traditional bank account, using Revolut is recommended.