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country-icon Danemark

02.23.23

Bookkeeping Act update

Last month, we said progress around on the Bookkeeping Act, which aims to digitise accounting records in Denmark, had stalled somewhat due to the introduction of a new government. The Danish Authorities have since issued a new update in respect of the Bookkeeping Act.     From 1 February 2023, a new schedule for the digital bookkeeping standard came into effect.   All digital standard systems that need to be registered will need to do so by 1 January 2024.     We are awaiting more detailed requirements from the Danish government, as well as exact timeframes as to when companies are expected to comply with the Bookkeeping requirements.    

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