www.pwc.dk

Bet to win! Get an overview of the rules for offering betting services in Denmark

2016

Complying with formal requirements and documentation requirementsWe can help you get an overview of how you comply with the documentation requirements and other formal requirements when offering betting services in Denmark.

Applying for permission to offer betting services in Denmark In order to offer betting services in Denmark, your business must as a general rule obtain a license from the Gambling Supervision Authority. We can help your business with the application for such license, making sure that the numerous requirements for documentation are met.

The license is linked to a label scheme which your business may use in its marketing efforts. We can ensure the correct use of these labels.

Applying for registration for betting dutyIn order to settle betting duty with the Danish tax authorities, your business needs to be registered for betting duty – this also applies even though your business is not established in Denmark and, for example, only offers online betting. We can help your business by applying for such registration and taking care of all correspondence with the tax authorities and, if required, with the Gambling Supervision Authority.

VAT return and registration If your business has activities subject to VAT in Denmark, the business must be registered for VAT, and VAT returns must be filed on a current basis. We can help your business with VAT registration and can make sure that VAT returns are filed on a timely basis. Moreover, we can prepare guidelines for, for example, the reporting of VAT and help you with the technical aspects of the filing of VAT returns.

Are you going to offer betting services in Denmark?

Optimize your possibilities in the Danish betting market

The liberalization of the Danish betting market will give your business access to an attractive and fast growing industry and provide your business with the possibility of investing in and offering betting services in Denmark. The rules on betting services are complicated but there are many possibilities and the potential is huge.

We have some of Denmark’s most experienced experts in duties and VAT within the betting industry who are ready to help you and your business if you consider entering the Danish betting market. We can help you and your business benefit the most from this exciting industry.

Calculating betting duty We can prepare a list of the various rates of duty which vary depending on the type of betting offered. Furthermore, we can prepare a tool which your business can use for the calculation of betting duty to be reported and settled by your business. Of course, we can also help you with your dialogue with the authorities.

Reporting of betting duty The timing and frequency of the reporting of betting duty vary a lot depending on the type of betting offered. We can help your business with current and timely reporting of betting duty.

Complying with invoicing requirements We can help your business by ensuring that the various requirements to invoicing, eg VAT requirements, are complied with every time your business issues an invoice.

Reporting of EU sales without VAT (VAT information exchange system)We can assist you with the reporting to the VAT information exchange system when your business sells goods or services without VAT to other EU countries.

Optimising your business We offer to review your business with a view to optimising your corporate structure so that you get maximum benefit from the betting market in Denmark.

Current updating on betting duty We can make sure that your business is at the forefront of the rules, and we offer current updating in case of significant changes in the area.

Calculating payroll taxEnterprises which offer betting services on the Danish betting market and which have employees in Denmark in connection with such services must settle the special Danish payroll tax. We can help your business with the calculation of the special payroll tax to be settled.

Meet our experts Please contact our experts for an informal talk about your business.

VATLine Høvring Lassen E: lhl@pwc.dkT: +45 3945 3573

Duty Joan Faurskov Cordtz E: jof@pwc.dkT: +45 3945 9463

Audit. Tax. Consulting.Together we succeed ...

www.pwc.dk

0441

-14