Denmark is country of Europe located in north Europe

in Allgemein 24.07.2022 12:39
von BalticLegal • 22 Beiträge

Official Name: Kingdom of Denmark
Capital: Copenhagen
Total area: 42 915 km2
GDP per capita: $37,657
Native Language: Danish
Government: Unitary parliamentary Constitutional monarchy
Population: 5,580,413
Major Religion: Lutheran Church of Denmark
Monetary Unit: Danish krone (DKK)

Denmark consists of the Jutland (Jylland) peninsula and about 400 named islands. Of these, 82 are inhabited, the largest of them are Fyn (Fyn) and Zeeland (Selland).

Denmark has a developed fishing industry and a significant merchant fleet. The main activities of the manufacturing sector include food, chemicals, machinery, metal products, electronic and transport equipment, beer, paper and wood products. Tourism is also an important economic activity.

Between the 8th and 11th centuries, the Danes were known as the Vikings. Together with the Norwegians and Swedes, they colonized, raided and traded in all parts of Europe. Modern Danes are proud of their country's welfare state, with its widespread social protection for all.

Denmark is a constitutional monarchy, ruling today under the 1953 constitution. The unicameral parliament or Folketing consists of 179 elected members.

Among the most famous Danes are the writer Hans Christian Andersen, famous for his fairy tales, the writer Karen Blixen and the designer Arne Jacobsen. Danish cinema has received international recognition largely thanks to the experimental director Lars von Trier.

Danish specialties include smørrebrød (open sandwiches), boiled or sugar-fried potatoes, boiled red cabbage, roast pork, and roast duck.

Health and Welfare
Denmark has one of the highest standards of living in the world. Outstanding health and welfare system.

Economy and work
Agriculture, fisheries, mining, manufacturing, energy, services and transport.

Main Attractions
Copenhagen, Egeskov Castle, Legoland theme park and the city of Ribe (the oldest in Scandinavia).

Denmark has a modern, prosperous and developed mixed market economy, ranking 21st in the world in terms of GDP (PPP) per capita and 10th in terms of nominal GDP per capita. The liberalization of import tariffs in 1797 marked the end of mercantilism, and further liberalization in the 19th and early 20th centuries established a Danish liberal tradition in international trade that was only broken by the 1930s. Property rights are securely protected. Denmark's economy stands out as one of the freest in the Economic Freedom Index and Economic Freedom of the World. The economy has a high level of international trade and Denmark is known as a supporter of free trade in the European Union. According to a 2008 World Economic Forum report, IMD and The Economist, Denmark is one of the world's most competitive economies.

Denmark has the freest labor market in Europe, according to the World Bank. Employers can hire and fire whenever they want (flexibility), and unemployment benefits are very high between jobs (security). The World Bank ranks Denmark as the easiest place in Europe to do business. Setting up a business can be done in a matter of hours and at a very low cost. Denmark has a competitive corporate income tax rate of 25% and a special time-limited tax regime for expatriates. The Danish tax system is broad, with 25% VAT, in addition to excises, income taxes and other fees. The total tax burden (the sum of all taxes as a percentage of GDP) is estimated at 46% in 2011.


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