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Settle in Denmark as an Entrepreneur: Denmark Startup Visa for Entrepreneurs

Opportunities In Denmark

Through the Startup Denmark Program, Denmark offers entrepreneurs a fantastic opportunity to establish a business and permanently settle in the country. This program is designed to attract dynamic entrepreneurs with innovative, scalable business ideas, enabling them to thrive in Denmark’s high-quality business ecosystem and enjoy an excellent standard of living.

 

Denmark Startup Visa for Entrepreneurs Program Overview

The Denmark Startup Visa aims to attract high-growth startups with innovative ideas. Key highlights of the program include:

  • Residence: You can settle in Denmark with your family for up to two years, with the possibility of an extension.
  • Healthcare and Education Benefits: Access Denmark's high-quality healthcare and education system for yourself and your dependents.
  • High Standard of Living: Enjoy a high standard of living in one of the happiest countries in the world.
  • Tax Benefits: Potential tax benefits after gaining residency.
  • Business Programs and Subsidies: Access to public business development programs, subsidies, and support.
  • European Single Market: Your startup can access the entire European Single Market.

The program is operated by the Danish Agency for International Recruitment and Integration (SIRI), and your business must be approved by an expert panel appointed by the Danish Business Authority.

Why Invest in Denmark?

  • Best Business Environment in Europe: Denmark consistently ranks among the best countries in Europe for business.
  • Highly Productive Workforce: The workforce in Denmark is skilled, productive, and efficient.
  • Flexible Labor Market: Denmark’s labour market is flexible and cost-efficient.
  • Well-Connected Infrastructure: The country offers world-class infrastructure for businesses.
  • World-Class Innovation: Denmark is known for its excellent R&D and innovation environment.

Eligibility Requirements for the Denmark Startup Visa

To qualify for the Denmark Startup Visa, you must meet the following requirements:

  • Non-EU/EEA Citizenship: You must not be a European Union (EU) or European Economic Area (EEA) citizen.
  • Self-Employment: You must be self-employed and running your own business.
  • Business Plan: Submit a comprehensive business plan outlining the business you plan to start.
  • Approval by Expert Panel: An independent expert panel must approve your business plan.
  • Scalable and Innovative Business: The business idea should be innovative and demonstrate clear growth potential.
  • English Language Proficiency: You must meet the English language proficiency criteria.
  • Financial Sufficiency: You must demonstrate that you have the funds required to support yourself and your business.

Application Process for the Denmark Startup Visa

  1. Submit Business Plan: Your application will be examined by an independent expert panel based on your business strategy.
  2. Panel Approval: If the panel approves your business plan, you can apply for a self-employed entrepreneur residence and work permit.
  3. Visa Processing: The residence permit is valid for up to two years, with the option to extend for three more years.

Processing Time

The processing time for the business visa is typically one month, and it requires a minimum investment of €100,000 in one of Denmark's key sectors, such as cleantech, research and technology, real estate, or construction.

Benefits of the Denmark Startup Visa Program

  • Schengen Travel: As a permit holder, you can live in Denmark and travel freely within the Schengen Area.
  • Permanent Residency: Permanent residency can be granted in 6 or 4 years (with extra requirements). After five years of continuous residence, you can apply for permanent residency, and after nine years, you can apply for Danish citizenship.
  • Entrepreneurial Ecosystem: Denmark offers a well-established entrepreneurial environment supported by public business initiatives, subsidies, and access to the European Single Market.
  • Family Welfare: Your spouse and children can benefit from healthcare and education services.
  • Residency Maintenance: To preserve re-entry permission, permit holders must not stay abroad for more than six months continuously.

Documents Required

To apply for the Denmark Startup Visa for Entrepreneurs, the following documents are required:

  • Passport and Travel History
  • Educational and Business Credentials
  • Proof of Self-Employment: You must be self-employed and a non-EU/EEA citizen.
  • Business Plan: The business must be innovative, scalable, and have significant growth potential. Traditional restaurants, retail shops, and consultancies are generally not accepted.
  • English Language Proficiency: Proof of language ability.
  • Proof of Financial Sufficiency: Evidence of your ability to support yourself and your dependents.

Denmark’s Startup Visa Program is ideal for entrepreneurs looking for a business-friendly environment and a high standard of living. This visa allows you to tap into Denmark’s vibrant startup ecosystem, gain access to the European Single Market, and eventually qualify for permanent residency and citizenship.

M2S Group can assist you in successfully applying for the Denmark Startup Visa for Entrepreneurs by providing a range of services that simplify the process. Here’s how M2S Group can support you:

How M2S Group Can Help You:

  • Immigration Documents Checklist: Ensure you have all the necessary documents, including your business plan, proof of funds, and other essential paperwork.
  • Complete Application Processing: We will guide you through the application process, ensuring all forms and documents are correctly filled out and submitted.
  • Forms, Documentation, & Filing: Assist in completing and filing the required forms and documentation per Danish regulations.
  • Updates & Follow-up: Keep you updated on your application status and ensure timely follow-ups with the relevant authorities.
  • Relocation and Post-Landing Support: Provide guidance and support in Denmark, including assistance with settling in, navigating local services, and ensuring a smooth transition.

This process is time-sensitive, so applying early increases your chances of success. Contact M2S Group today to learn more and begin your journey toward obtaining the Denmark Startup Visa for Entrepreneurs.

Frequently Asked Questions

What is the Denmark Startup Visa?

The Denmark Startup Visa program is designed to attract entrepreneurs with scalable and innovative business ideas to establish startups in Denmark. It provides a residence permit for up to two years, with options for extension.

 

What are the eligibility criteria for the Denmark Startup Visa?

To qualify for the Denmark Startup Visa, you must:

  • Be a non-EU/EEA citizen.
  • Be self-employed in your own business.
  • Present an innovative and scalable business idea.
  • Have your business plan approved by an expert panel.
  • Meet financial sufficiency requirements to support yourself and your dependents.
  • Demonstrate proficiency in English.

 

Can I bring my family with me under the Denmark Startup Visa?

You can bring your spouse/partner and children under the Denmark Startup Visa. They will also have access to healthcare and education benefits in Denmark.

 

What type of businesses are eligible for the Denmark Startup Visa?

Denmark is looking for innovative, scalable, and ideally tech-driven businesses. Traditional businesses such as restaurants, retail shops, and consultancy firms are generally not eligible. The company must show clear growth potential.

How long is the Denmark Startup Visa valid?

The visa is initially granted for up to two years, with the possibility of extension for three additional years at a time.

 

What is the processing time for the Denmark Startup Visa?

The processing time for the Denmark Startup Visa is generally around one month after submitting your complete application.

 

Do I need to invest a specific amount in my business to qualify?

Yes, a minimum investment of €100,000 is generally required in one of Denmark’s key sectors, such as cleantech, technology, or construction.

 

Can I apply for permanent residency in Denmark?

Yes, after five years of continuous residence in Denmark, you may apply for permanent residency. Additionally, after nine years, you may be eligible to apply for Danish citizenship.

 

What documents are required for the Denmark Startup Visa application?

You will need:

  • A valid passport.
  • Proof of travel history.
  • Educational and business credentials.
  • A comprehensive business plan.
  • Proof of English language proficiency.
  • Financial sufficiency evidence.

 

How do I get my business plan approved?

Your business plan will be reviewed by an independent panel of experts appointed by the Danish Business Authority. If they find your business idea innovative, scalable, and viable for growth, you will receive approval.

 

Can I travel to other Schengen countries with the Denmark Startup Visa?

Yes, once you obtain your residence permit under the Startup Denmark program, you are allowed to travel freely within the Schengen Area.

 

What happens if my business plan is rejected?

If your business plan is rejected, you will not be eligible to apply for the Denmark Startup Visa. It is essential to present a well-researched and innovative business idea to improve your chances of approval.

What sectors are considered for the minimum investment?

Denmark encourages investments in sectors like cleantech, technology, research, real estate, and construction, among others. These sectors are aligned with Denmark’s growth and innovation goals.

 

Is there language support available for entrepreneurs settling in Denmark?

Yes, once in Denmark, you may have access to various business support programs, including public development centers that offer advice, networking, and even Danish language support.

How do I maintain my residence permit?

To maintain your residence permit, you must ensure that you don’t stay abroad for more than six consecutive months and continue to operate your business in Denmark.

If you have more questions or need personalized advice, consider reaching out to M2S Group for further assistance.

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