PEO SERVICES IN DENMARK

Our PEO Services in Denmark can help you make your expansion hassle-free and cost-effective, enabling you to start your Danish business in days. The progressive Danish environment combined with the 29th largest market for eCommerce makes Denmark an exciting and promising country to expand into.

Denmark has become a breeding nest for innovations. Technology, sustainability, science, design, and maritime projects have a welcoming home in this North European country. This inspiring environment can be of great value to your business strategy. Although a member of the European Union, Denmark is not part of the Economic and Monetary Union (EMU) and retains the krone as its currency. The country relied heavily on foreign trade and established an efficient trade infrastructure.

International companies expanding into Denmark will enjoy many opportunities there but going at it without the proper support can increase the costs, time and risks involved. Those challenges can be worked through more efficiently and cost-effectively with the help of a global Professional Employer Organisation (PEO) such as Bradford Jacobs.

Why choose a PEO when expanding into Denmark?

By using PEO services in Denmark, there is no need to set up a legal entity, and you can start doing business within days. At Bradford Jacobs, we have expert knowledge of Danish payroll, labour laws, and other local regulations. By utilising our sources, you can start your expansion hassle-free and at a low cost.

With us, you can add new international talent to your company within days. We have the connections and network to locate talents that meet your needs and wishes on all levels. We ensure your company complies with all regulations and laws, areas to which you can incur severe penalties would you fail to adhere. Your chosen candidate is hired through our agencies in Denmark and remains under your day-to-day control. As part of our service, we can administer the returns and associated payments for wage tax and social security contributions directly from our payroll system to the tax authority, relieving you of the following responsibilities:

  • Registering with the Danish Tax Office
  • Registering with the Social Security Organisations
  • Creating employment contracts
  • Applying for special expatriation status (if applicable)
  • Calculating monthly salary and creating payslips
  • Researching available tax-free allowances
  • Submitting wage tax returns and national insurance forms
  • Corresponding with involved parties
  • Annual accounts, administration and year-end statements
  • Creating payment schedule for wags tax, national insurance, and net wages
  • Personal income tax returns

How does a Professional Employer Organisation work in Denmark?

Your business is not like any other, and we get that. Your international plans require solutions that match them, your goals, and your business strategy. Therefore, our PEO services in Denmark provide a consultative approach and a tailor-made solution because we know one size does not fit all.

A PEO works with Employer of Record (EOR) agencies. Our EOR agencies in Denmark enable you to operate staff in-country without worrying about HR (Human Resources) services, tax, payroll, hiring, firing, or adapting to Danish regulations and employment laws changes. When you hire us as a PEO, we establish a contract between you and Bradford Jacobs. We also sign an employment contract with your new employee in Denmark. Although we function as your employee’s legal employer, they perform duties for your business as a part of your team.

Step 1: You want to deploy an existing employee or recruit new talent in Denmark.

Step 2: Once the candidate is selected, Bradford Jacobs steps in as their EOR through our Danish entity. We guarantee compliance with employment contracts, payroll, HR, tax, required visas or work permits.

Step 3: Within a few days, your company will have an international presence in a new market, in a prime position, without the risks, hassle, or expenses of setting up your subsidiary.

Step 4: You will control the employee daily while we manage all work-related registration formalities. Our consultants inform your employee about their holidays, benefits, and entitlements policies.

Step 5: All approved declarations and completed timesheets are sent to us by the employee. We will invoice you, and once the payment is completed, we will deduct all contributions from the authorities and transfer the balance into the employee’s account.

What are the benefits of using PEO services in Denmark?

For Employers

As an employer, you are usually responsible for all legal aspects regarding your employees’ employment. In a new country, this process will probably take some more effort… well, it does not have to. At Bradford Jacobs, we have extensive experience with Danish payroll, taxes, and other local laws and regulations. That way, you can enjoy the following:

  • A rapid solution to onboarding employees for your international expansion into Denmark.
  • Total control over operating budgets as all costs are detailed at the outset for full transparency.
  • Minimal paperwork or red tape. Since you do not need to set up an entity, you can start operating in Denmark within days.
  • Expert guidance with employment and compliance issues.
  • Reduced accountancy and legal costs.
  • Statutory professional insurance.
  • On-call service to assist with routine HR concerns such as absence management and processing expense
  • Prompt 24/7 support with disciplinary or grievance issues needing an urgent response
  • Liaison with employees to ensure they are up to date with companies’ internal policies and handbooks

For Employees

Employees are the main core of your business. They keep the engine running; therefore, it is also important to create a stable agreement that satisfies both employer and employee. As their legal employer, we are responsible for keeping your employees happy with the work agreement. Due to our broad network and experts, we can offer employees great benefits and a reliable, compliant employment contract. We will make sure they enjoy the following:

  • Worry-free local employment contract compliant with local regulations
  • On-time and 100% accurate salary payment
  • Great benefits
  • One-to-one professional HR advice on employment-related issues
  • Updates on tax and compliance regulations

LOOKING TO EXPAND INTO DENMARK?

For more information, download our free guide or get in touch with our consultants here