In order to establish an ApS company in Denmark, an initial capital of DKK 40,000 is required. This amount is transferred to the lawyer's bank account for verification before the company's registration. After the verification, the lawyer deducts their fee (DKK 1,295 + VAT) and the government fee (DKK 670) from the initial capital. The remaining amount, which is DKK 37,711.25, will be transferred to the new ApS company's bank account once it is opened. The bank account must be in the name of the new ApS company.
Once the initial capital has been transferred to the new ApS company's bank account, the equity can be used to pay for business expenses. There is no requirement to keep the funds in the bank account once the company registration process is complete. However, it is important to follow the rules regarding the expenses that can be incurred. These expenses must be actual company expenses, and company owners are not allowed to withdraw money from the company account for their personal use unless they are reimbursed for company expenses they have paid. In such cases, they receive a salary or dividend.