Denmark

Denmark-bnr

 

Collecting in Denmark

  • Payments take 7 to 30 days on average, but delays of approximately 12 days may be expected. The EU legal framework provides reliable tools when it comes to late payment matters.​

  • Courts are reliable, although the system provides no fast track proceedings that suitably facilitate the undisputed collection process. Delays and costs otherwise remain significant when a claim is disputed, and EU standard proceedings are not fully applicable in the country.

  • Although domestic insolvency law aims at rescuing companies to increase the chance of recovering debts, it provides no limitations as to how much of the debt may be written off in restructuration negotiations and it is rare for unsecured creditors to recover from insolvent debtors in practice.

 

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    Denmark

    Denmark

    Collection complexity

    high-2

    Collection relating to

    Payments
    $-2
    Court
    proceedings
    Gav-2
    Insolvency
    proceedings
    Arrow-4

     

     

    Publications about Denmark

    › All publications about Denmark