Electronic invoicing guide
Denmark
Digital reporting requirements
B2G: Centralized/Peppol
B2B: Post Audit
Obligatory
B2G: Mandatory
B2B: Voluntary
Reporting: Mandatory
Authority
Danish Business Authority (Ministry of Industry, Business and Financial Affairs)
Platform
B2G: Nemhandel/Peppol
B2B: N/A
Reporting / Bookkeeping system: Nemhandel
Format
B2G: OIOUBL or Peppol BIS
B2B: N/A
Storage time
Movable Property: 5 years
Immovable Property: 10 years
Reporting
The Accounting Act’s provisions on requirements for digital accounting systems (Keepbooking systems) will enter into force at different times over the coming years.
Upcoming legislative changes
- 2024 (expected): Companies subject to accounting requirements must keep digital accounts from financial years starting after 1 July 2024.
- 2026 (expected): Personally owned companies and certain associations must keep digital accounts from financial years starting after an as yet undetermined date of entry into force in 2026.
Please note that the above timetable refers only to the requirements for standard digital accounting systems.
What rules apply to the notification of new accounting systems after 31 October 2023?
Providers of new accounting systems who wish to market themselves in Denmark may register their accounting system with the Danish Business Authority on an ongoing basis after 31 October 2023.
When will the Danish Business Authority publish a list of registered accounting systems?
In January 2024, the Danish Business Authority will publish a list of registered digital standard accounting systems on the Danish Business Authority’s website.
The list will make it easy for companies to choose a digital standard accounting system that complies with the requirements.
Links of Interest
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