The Ministry of Industry, Business, and Financial Affairs and the Ministry of Immigration and Integration together launched Startup Denmark, an official Danish initiative. Non-EU, non-EEA, and non-Swiss people are the interest group for this program. A business proposal that you submit is evaluated by impartial professionals. You can apply for an independently employed person’s residence and work visa if the board acknowledges your business plan. This visa might be renewed up to three times for a limit of two extra years of legitimacy.
Eligibility
Only non-EU, non-EEA, and non-Swiss nationals might apply for Startup Denmark, which is for independently employed people. A group of up to three non-EU/EEA nationals might present a business plan. The candidates must each submit a separate application to the immigration authorities for a residence and work visa if the company plan is accepted by the Startup Denmark expert panel. If they are a member of the startup team, non-EU/EEA nationals may submit a business plan alongside EU/EEA citizens. However, owing to EU regulations governing the free movement of people and services, EU/EEA individuals do not need residency or employment permits in Denmark.
Active ownership
You must have a significant ownership stake in the firm, be actively involved in its management, and be required for the formation of the business. You cannot be given a permit based on the Startup Denmark plan if you merely have financial or economic interests in the company, such as if you are a shareholder. Startup Denmark exclusively issues residency and employment permits to qualified candidates. Entrepreneurs must be able to support themselves financially and must raise the necessary cash on their own. However, a variety of public and private financing programs are open to company applicants in Denmark.
Sustenance
You must be capable of providing for yourself. You should give verification that you have sufficient cash set aside to cover your first year in Denmark. You should likewise give proof of your ability to help your family if they are making a trip with you to Denmark. You need to provide evidence that you have:
- 143,328 DKK if you’re traveling alone to Denmark;
- 286,656 DKK if your spouse travels with you;
- 333,816 DKK if your spouse and one or more children travel with you; and
- 190,488 DKK if one or more children go with you but not your spouse.
A bank statement, for example, might serve as proof of your capacity to support yourself and any accompanying family members.
How to apply for a visa as an investor in Denmark
The procedures listed below must be followed to submit a successful application for a Startup European Denmark Visa:
Make a case order ID
In the first stage, you must generate a case order ID with the following data: your identity information, case type, and charge.
Pay the visa application costs
Before the start of the year, be sure to register your Case Order ID and pay the necessary costs. You run the risk of having your application denied if you pay the costs before January 1 and submit it after that date.
Prepare your paperwork
If any of the needed papers are not in English or Danish, you must additionally provide certified translations of those documents. They include:
- Copy of all your passport pages including front and back covers, plus blank pages.
- Approval Copy written by the experts’ panel of the Danish Business Authority.
- Proof of your ability to sustain yourself financially during your visit to Denmark.
- Proof of business ownership.
- Receipt for fee payment.
Fill out your application
You must access the SD1 application form at this stage. Make sure all prerequisites have been met, and prepare all necessary papers for a Denmark visa in digital format so you may attach them to your completed form.
Finish the biometrics
Take your biometric record after you’ve applied for a residence permit. This would imply that you must provide both your fingerprints and a face image of yourself. Your residency card has a microchip that will be used to store both your fingerprints and your picture. This is a requirement for the visa application procedure.
Await a response
Whenever you have presented your application completely and checked that the past procedures have been followed, you should wait. When you have a residence and work permit, you may go on to the following and last step.
Start your company in Denmark
Apply for a visa for a work and residency permit. Once you get it, you may come to Denmark to establish your business. You may get help from a business development center in Denmark if you need it. You must register your company in Denmark and apply for a Numida secure login.
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