Denmark to attract more overseas companies

Jan 26 2018


Denmark is to invest around DKK15 bill ($2.5 bill) through 2025 to help strengthen the country’s position as a global maritime hub.

Under a political agreement reached between the Danish Government, the Danish People’s Party and the Danish Social-Liberal Party, up to DKK14.7 bill will be allocated to strengthen Danish businesses through a range of initiatives that will increase investments, strengthen the focus on digitalisation and life science and expand the tax scheme for foreign researchers.
 
“This agreement is an investment in the future. We are paving the way for more entrepreneurs to become successful and more Danish businesses to grow big and become more internationally competitive,” Brian Mikkelsen, Minister for Industry, Business and Financial Affairs, said.
 
This agreement includes several initiatives to help make Denmark a global maritime hub. These include the abolition of registration fees for commercial vessels in order to attract more worldwide maritime companies and investments, thus positioning Denmark as an attractive flag state.
 
Also the DIS tax scheme will be extended to include seafarers working on board specialised vessels, such as security and supply ships, construction vessels, ice-handling vessels, ASVs, etc.
 



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