Government measures in key jurisdictions 3rd edition final - Flipbook - Page 47
Denmark
Company
law matters
Have any measures
been put in place to
accommodate social
distancing (such as
remote general
meetings)?
•
The Danish government currently maintains restrictions on large gatherings, and on 13 March 2020 a
temporary ban was imposed on holding or participating in events, activities or the like where more
than 10 people are gathered. As per 8 June 2020 the Danish government has decided that gatherings of
up to 50 people are now allowed. In addition, for activities where people are mostly seated, larger
gatherings are allowed.
•
As a consequence of the restrictions on large gatherings, the Danish government has implemented
an Executive Order whereby the deadline for submitting the annual report to the Danish
Business Authority has been postponed. The deadline has been postponed by three months, which
means that the annual report must be submitted on 31 July 2020 for listed companies with the
calendar year as fiscal year and on 31 August 2020 for other companies with the calendar year as
fiscal year.
•
The Executive Order furthermore introduces a possibility for general meetings, which are held no
later than 8 weeks after the termination of the restrictions on large gatherings, to be held completely
electronically, irrespective of the fact that the company’s articles of association may not provide for
this.
•
Due to the easing of the restrictions on large gatherings, companies are now allowed to hold general
meetings where up to 500 people may be gathered.
•
For additional information about the company law related measures put in place
to accommodate social distancing see (in Danish), please view here.
Government measures in key jurisdictions
47