How does it work?
If your business plan is approved by the Startup Denmark expert panel, you can apply for a residence and work permit at the Danish Agency for International Recruitment and Integration (SIRI). There is a processing fee of DKK 1,900, and the agency usually considers applications within one month of submission.
What are the conditions?
You must meet certain conditions to be granted a work and residence permit.
You must play an active part in running the business, and your presence must be necessary for the establishment of the business. If you have only economic or financial interests in the business – for example, if you are a shareholder – you cannot be granted a permit based on the Startup Denmark scheme.
The self-support requirement
You must be able to support yourself. This means you must provide documentary evidence that you have sufficient funds to cover your first year in Denmark. If your family is accompanying you to Denmark, you must also provide documentation of your ability to support them.
You must provide documentation that you have (2019 level)
• 137,076 DKK if you are in Denmark without any family,
• 274,152 DKK if your spouse is accompanying you to Denmark,
• 319,236 DKK if your spouse and one or more children are accompanying you to Denmark,
• 182,160 DKK if one or more children, but not your spouse, are accompanying you to Denmark.
Documentation of your ability to support yourself and any accompanying family members could for instance be in the form of a bank statement.