Denmark: Danish Bank Account Requirement Likely to be Relaxed

Update – June 6, 2024: This rule will come into effect on July 1, 2024 and will apply retroactively.

January 26, 2024: The Danish government has proposed to eliminate the requirement for companies that are certified to employ foreign nationals to have a bank account in Denmark. This will apply to Fast Track Scheme pay limit permits, researcher permits, educational permits and short-term permits. The proposal also includes a relaxation of the rule for non-certified companies that still need a bank account to set it up within 180 days (up from 90 days). The proposed changes are due to come into effect in July 1, 2024 if the government passes the bill into law in February.