Annual General Meeting Report for a Danish Company

Danish limited liability companies such as IVS, A/S, and ApS, are required to have their annual report approved by the company's directors or shareholders at the general meeting, which must be held once a year. The approval process involves reviewing the annual report, which includes financial statements, and ensuring that the information contained in the report is accurate and complies with Danish financial reporting standards. This process helps to ensure that the company's financial records are accurate, and that the company is operating in accordance with the relevant regulations.

What is important to know about the preparation of the report of the annual general meeting?

1. The annual general meeting in Denmark is known as "ordinær generalforsamling".
2. If the company has a board of directors, they are required to attend the meeting.
3. The annual report must be submitted to the business office on VIRK within 5 months after the end of the fiscal year.
4. The annual report is approved by the shareholders and board of directors before it can be filed with the business office.
5. If the company has a board of directors, the annual report should include information such as the election of the chairman for the meeting, the chairman's report on the course of the year, discussion of the discharge of the board of directors, proposal by the board of directors to distribute the royalties and the result of the members of the company, questions from the shareholders or the board of directors, and presentation of the annual report for approval.
6. If the company does not have a board of directors, but only a minimum of one director, the report should include information such as the director's report on the course of the financial year, election of the chairman of the meeting, proposal for the distribution of the result, questions from the director or shareholders, and presentation of the annual report for approval.

Every Danish limited liability company has a set of articles of association (vedtægter) which were created when the company was established. These articles contain a detailed description of what is to be discussed at the annual general meeting. After the meeting, a summary report known as generalforsamling minutoll lat should be prepared.

It is crucial to ensure that the report from the general meeting covers the same topics as those specified in the company's articles of association. This helps to ensure that the company is complying with its legal and regulatory obligations and that its operations are conducted in accordance with the relevant laws and regulations.