The Danish Ministry of Industry, Business, and Financial Af-fairs has proposed a bill that will make it easier for Danish companies and associations to access a basic business account — a change that could impact both financial stability and operations. According to the proposal, the proposal will enter into force on 1 January 2025.

A new draft of proposed amendments to the Companies Act from the Danish Business Authority introduces potentially significant changes for small and medium-sized private limited companies (ApS). The proposals are expected to be introduced in November 2024, with the anticipated date for enactment on January 1, 2025.

We can offer escrow account services when it is directly related to a specific legal matter we are handling for a client. This ensures that the provision of escrow accounts remains ancillary to legal services.