Denmark
How Denmark performs
Tax
High taxes. Denmark has one of the heaviest tax burdens in the index, 123rd of 123. A large share of income and profit goes to tax, so it suits people who are not moving for tax reasons. Personal income tax 12.01 - 60.5%, corporate tax 22 - 64%, VAT 25%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Very safe. Denmark is one of the most peaceful and stable countries in the index, 10th of 117.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Expensive. Denmark is one of the most expensive places to live in the index, 114th of 118. Plan for high everyday costs.
Source: Numbeo Cost of Living Index
Education
Excellent education. Denmark has one of the strongest education and knowledge systems in the index, 4th of 120. A strong choice for families and for study.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 22 - 64% Applicable tax rate varies based on the nature of the business |
|---|---|
| Personal income tax | 12.01 - 60.5% Applicable tax rate varies based on amount of income earned and residency of municipality |
| Standard VAT | 25% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 9 years
- Language requirement
- YesProficiency in Danish language
- Investment Immigration Pathway
- Start-up Denmark
- Official language
- Danish
- Dual citizenship
- Allows dual citizenship
North Macedonia
Bulgaria
Romania
Bosnia and Herzegovina