Denmark Mulls To Cut Corporate Taxes And Create 150,000 Jobs

27 Feb 2013

Denmark’s government has proposed a growth package which would reduce corporate taxes and increase public spending to boost growth and create 150,000 jobs.

 “We are creating jobs now, but we are also getting Denmark ready to grab the economic recovery when the internal slump turns,”

There would be no new taxes that would be imposed on businesses.

“We are sending a clear signal to companies that we do not plan any new taxes and duties for businesses … This is not just a growth package, it is a complete growth plan towards 2020,”

Other steps planned to keep businesses in Denmark are: lower energy duties, increase in planned public sector investment, and tax rebates for Danes who make home improvements.

 “The tax burden on Danish companies has become so high that we lose orders and private sector jobs to our competitors in our neighbouring countries. Now we have a chance to reverse the situation,”

Denmark invites foreign professionals and investors to come to the country and explore the opportunities available.

Know more about the permit schemes, call now on 1800 103 1555 or mail at [email protected].