Converting to an ApS or A/S is complex. Your experience shouldn't be.
Many people put off converting their sole proprietorship due to fears of complex calculations and unexpected tax bills. This often leads to rushed, last-minute decisions before the deadline, resulting in missed deductions and unnecessary taxation.
We take full ownership of the process. We determine the optimal conversion date, prepare the mandatory opening balance sheet, and execute a 100% tax-free business conversion. You get a future-proof corporate structure—typically integrated with a holding company—that protects your assets and eliminates personal liability.
Everything a transformation can do for you. If it's done right.
Complete overview before switching
We stress-test your setup and calculate the actual benefits of switching from the Danish Business Tax Scheme (VSO) to a limited liability company (ApS or A/S).
Tax-free conversion
We execute the conversion in full compliance with the Danish Business Tax Succession Act (VOL), ensuring that taxes are deferred and your capital remains within the company.
Financial valuation
We determine the tax-based transfer price for machinery, inventory, and goodwill. Bulletproof and 100% compliant with the Danish Tax Agency.
Salary & Dividend Strategy
We establish your tax infrastructure and provide advice on the optimal balance between shareholder salary, corporate tax, and dividends.
All documents included and ready for signature
We prepare all the necessary documents and register the company with the Danish Business Authority. All you need to do is sign.
Future-proof from the start
Is the conversion the first step toward a sale? We establish a tax-free holding structure in preparation for a future generational handover or M&A exit.
For comparison
Transactional conversion
- Reactive order execution: The conversion is only initiated when you request it, which often results in missed tax windows.
- Theoretical law without a bottom line: You receive dense legal texts without an actionable translation for the company's daily operations and cash flow.
- Fragmented responsibility: As soon as things get even slightly complex (such as with a holding structure), the case is passed on to expensive external lawyers.
Strategic transformation through L&P
- Proactive tax optimization: We monitor your growth and execute the conversion at the precise moment that maximizes your tax benefits.
- Data-driven liquidity simulation: We model the precise financial impact of the succession and your future dividend strategy.
- Complex in-house corporate law: We manage the entire transformation process internally, including the establishment of holding structures and preparation for generational succession.
From sole proprietorship to tax-free incorporated company
We work based on a rigorous legal methodology. You receive a 100% compliant, tax-free conversion, full transparency regarding the timeline, and a corporate structure optimized for your future.
We get to know your business
We map your current assets and any potential future exit strategy. The goal is a precise corporate law analysis of the options for a 100% tax-free conversion.
We build the right structure
We calculate the financial impact of the conversion for you and identify the structure that best suits your needs, such as a holding company. You will receive a clear roadmap at a fixed price, so you know both the process and the cost upfront.
We get the job done
We prepare all documentation and handle all communication with the Danish Tax Agency and the Danish Business Authority. You only need to sign the documents, and we will take care of the rest until your new company is ready as a fully registered ApS.
Results speak louder than promises
We can tell you what we deliver, but it is our clients' experiences that show whether we actually make a difference for their business.
Is a tax-free conversion your next strategic move?
Our advisory services are designed for those running a well-established sole proprietorship, often utilizing the Danish business tax scheme (VSO), who are ready for the next step.
We are the right partner if you want to eliminate personal liability and protect your private finances by transitioning to an ApS or A/S. We can also assist if you are preparing for a generational handover or a sale and require a tax-free holding structure, or if you want to reinvest your profits tax-efficiently within the company.
If you are looking to start a brand-new company from scratch, or if you need ongoing assistance with tax and VAT, you will be better served by our other departments, and we would be happy to point you in the right direction:
Q&A for CFO Services
What does a business conversion cost?
It depends on the size of the company, its complexity, and whether the conversion can be carried out tax-free. We will provide a fixed price after our first conversation, so you know exactly what it costs before you decide.
Should I choose a tax-free or taxable conversion?
It depends on your situation. A tax-free conversion defers taxation but requires a number of conditions to be met. A taxable conversion is faster and simpler but triggers tax immediately. We will review both options with you and show you the figures.
How long does a conversion take?
Typically six to eight weeks from the first interview until the conversion is completed and registered. If the case is complex or needs to be coordinated with other arrangements, it may take longer.
When in the year should the conversion take place?
For a tax-free conversion, you must make your decision within six months of the end of the financial year you want to convert from. This is a deadline that is often overlooked, which is why we recommend having the matter assessed well in advance.
What happens to my corporate tax regime?
It will cease in connection with the conversion. We will review what this means for your retained earnings account and how to properly handle it during the transition.
Can you also help with what comes next?
Yes. Once the conversion is complete, we can handle the ongoing bookkeeping, VAT reporting, annual accounts, and auditing for the new company. You have one permanent contact person who knows your entire setup.
What makes you different from a large audit firm?
You get the professional weight of a state-authorized partner, without becoming just another file in the pile. You have one dedicated advisor who knows your company and your plans, so you don't have to wait in line when you have a question.
A modern accounting firm with a business mindset
Lorentzen & Partners combines the professional expertise of a large accounting firm with the personal touch of a boutique office. We are more than just a compliance body; we are a proactive sparring partner who is always available to take your call and has an in-depth understanding of your business.
Dedicated partners per client
Total experience
Annual reports
Clients we're on a first-name basis with
Take the step to incorporate on the right terms.
It starts with a conversation. You tell us about your business and your plans, and we listen and provide a concrete assessment of your options. Completely no-obligation.
We take care of your finances so you can focus on your business.
We have in-depth knowledge of the market's leading accounting and payroll systems. This means you avoid cumbersome system migrations and instead get a seamless solution that works from day one.
We combine auditing, accounting, tax, and strategic consulting under one roof, with an approach that is personal, professionally robust, and tailored to the business you run.
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