Denmark, officially known as the Kingdom of Denmark, is a sovereign state located in Europe. Denmark is the southernmost Scandinavian nation and a Nordic country. It is located in the south-west of Sweden and, bordered by Norway in north and Germany in south. Denmark also comprises of its two constituent countries Greenland and Faroe Islands in the North Atlantic Ocean. Denmark also consists of a peninsula, Jutland and an archipelago of numerous islands counting up to 443 in total. The islands are flat, consisting of sandy coasts and arable land, low elevation and are moderate in climate.
Copenhagen is the capital city of Denmark. As of 2018, the total population of the country is 5.8 million. Its total area is about 42,924 square kilometers and the total area including Greenland and the Faroe Islands is about 2.2 million square kilometers.
The official language of Denmark is Danish, while Faroese, Greenlandic and German have been recognized as its regional languages. The form of government is constitutional monarchy and unitary parliament. Majority of Danish people are Christians and the official currency of this European nation is Danish Krone (DKK).
Denmark – from the perspective of residence:
Moving to Denmark can be a rewarding choice, as this European Nation has many good points to make it a better destination.
‘Start-up Denmark’ Visa Scheme
The Start-up Denmark visa scheme was initiated by the government of Denmark on 1st January, 2015. This scheme lets entrepreneurs across the globe to live and establish their start-ups in the country. It’s a great opportunity for entrepreneurs and small business developers to take their businesses to Europe, grow and target the European market.
An innovative entrepreneur with an intention of developing his/her business in Denmark which may be beneficial for Danish economy and will be able to create employment opportunities in the state, can be given residence and a permit to work for his start-up idea in the state.
Entrepreneurs that are expat are supposed to apply through the Start-up Denmark application procedure to get work permit and residence. This visa scheme is also applicable if more than one (two) people are willing to start their business together.
By presenting a business plan, you can apply to the Start-up Denmark visa scheme, and the visa scheme is thoroughly reviewed by a panel of experts. After the business plan is passed, you are eligible to apply for the residence and work permit in the country as a self-employed person. Maximum time period applicable for the permit is 2 years, which further can be extended up to 3 years at one go.
Benefits of Start-up Denmark Visa Scheme
When an applicant applies for start-up Denmark visa then his/her start-up plan is examined by an independent panel of experts.
Application Processing Insight
Initially, secretariat of Start-up Denmark scheme filters all the submitted applications. Only those applications are shortlisted which fulfill the eligibility criteria. Then the applications are forwarded to the expert panel for assessment.
Following are the applications that are filter out by the secretariat:
The applicants are not informed if their application is filter out and there is no option for appealing. Contrary to this, if the application pass the secretariat screening round, then it is forwarded to the Start-up Denmark’ expert panel for assessment.
Evaluation of Business Plan
At least, three members of expert panel from the Start-up Denmark evaluate the submitted business plan. The panel consists of experienced and independent business consultants.
Applications are evaluated on scores from 1 to 5 for five different assessment criteria. For getting the business plan approved the applicant must score an average of 3 points out of 5 for all the criteria. In addition to that, the score must be at least 4 out of 5 for recommendation criterion.
The 5 criteria that are checked before approval of any application are enlisted below.
If the business plan of an applicant gets approved, he/she receives an approval letter that give him/her right to apply for the residence and work permit.
Duration of Application Processing
Business plan is normally assessed by the panel of experts in about 6 weeks after the submission. In some situations, the processing time may be longer. Applicant receives the outcome of the application by the secretariat of Start-up Denmark Scheme.
If the evaluation gets a positive response then, applicant is entitled to apply for the work permit and residence at the Danish Agency for International Recruitment and Integration (SIRI). This agency usually takes 4 weeks for processing after the submission.
Application for Work Permit and Residence in Denmark
After getting the approval for the start-up from the secretariat of Start-up Denmark, applicant can apply for the residence and work permit in Denmark. Following steps must be taken while handing application to the Danish Agency for International Recruitment Integration.
Step 1: Creation of a case order ID
The case order ID contains the name of the applicant, applicant’s passport number, email address, case type (Start-up Denmark) and a fee (2,110 DKK).
Step 2: Payment of required fee
All fee paid each year gets regulated on 1st of January every year. So, make sure that case order ID creation, payment of fee and presentation of the application all are done in the same calendar year. If an applicant pay the fee before 1st of January and present the application after 1st January, then his/her application is highly likely to get rejected.
Step 3: Collection of required documents before start filling the application form
Submission of the application must be in English, Danish, German, Norwegian or Swedish. Following documents are required for filling out the application form:
Step 4: Complete the application form
At this step, the applicant has access to the necessary application document SD1. It is recommended to complete other preceding steps before starting.
Step 5: Recording biometric features
In Denmark, it is necessary to have biometric data recorded which include facial photo, fingerprints, which are supposed to be taken and kept on a microchip put in the residence card, which will be provided on approval.
If the application has been presented electronically, then there are 14 days for biometric recording, after the submission of application.
The biometric data can be recorded at a Danish Diplomatic Mission outside Denmark, or at the Danish Agency for International Recruitment Integration Citizen Centre, or at local Police Station in Denmark
Step 6: Getting an answer
After successful submission of the application, it will be reviewed for about one month before the applicant can get any response.
What are the Rights you gets when receives a residence and work permit under Start-up Denmark scheme
If all goes fine and well, and you successfully gets a residence and work permit, then there are many do’s and don’ts you have to follow. Details of which are given below:
You can apply for the extension before the end of current permit duration, at least 3 months before. Extension of about 3 years can be granted.
If the validity period of your passport is less than the maximum duration of 2 years, your residence permit’s validity will be shortened. You can apply for the residence permit extension only after the renewal of your passport.
Residence Permit for Accompanying Family Members
A residence and work permit normally allows your family members to accompany you in the country. A residence permit can be provided to your spouse, children (under the age of 18, who are living with you) and registered or cohabiting partner in your business.
The normal processing time for the application, if your family members are accompanying you, is 2 months. The processing fee for the application is 1645 DKK.
To acquire a permit for accompanying family members following conditions should be met:
Extension in Residence and Work Permit
You are recommended to apply for extension in your current residence and work permit if it is about to expire. The extension can be approved further for 3 years at a time. It is your responsibility to apply for the extension of the permit before it expires. You are required to submit the application to the Danish Agency for International Recruitment before the expiration of permit, even if the expert’s panel has not assessed the progress report of your start-up.
To apply for the extension of permit, progress report of your business must be submitted for assessment by expert’s panel. You can get extension in your permit only if your business progress is approved.
If the expert panel rejects your business progress report, you can claim about the rejection to the Danish Business Authority. A new representative, not from the previous panel, will then re-evaluate your business progress status.
For the start-up Denmark visa, it is better to use a professional firm for getting assistance in your application. Assistance of a professional advisory will greatly increase the chances of getting you the permit and will help you saving time and money. At Stephen M.S. Lai and Co. CPA Ltd. professional services are offered to make your application process simpler and easier. We will guide you on the checklist for the documents required, complete application processing, and business plan preparation. For more details get in touch with us.