Doing business

Current business situation

Australia and Denmark enjoy an open and cooperative relationship underpinned by extensive political, economic and social links.

Over 100 Danish companies have a presence in Australia including Vestas Wind Systems, one of the world's leading manufacturers of wind turbines. The Denmark-based global cleaning company ISS is one of the biggest European employers in Australia.

Business culture

Danish business people are experienced in conducting international business. While broadly similar to Australian business practice the Danish approach has a higher emphasis on order, hierarchy and formality. It is usual that company representatives address each other by their surname.

For meetings, especially at the executive level, approximately six weeks’ notice is required. Punctuality is very important, if you are late for a meeting call ahead to advise and give as much notice as possible. The peak summer holiday months of July and August are difficult to arrange meetings. In addition, many companies shut down over the Christmas and New Year period.

Danish is the official language, though English is widely spoken, but it is courteous to check.

Setting up in Market

The Confederation of Danish Industry has information for those considering setting up a business.

Banking and finance

Copenhagen is the major centre for international business and commerce. Most major international banks have a presence in Copenhagen and many will have English-speaking staff.

 

Links and resources

Government, business and trade

Confederation of Danish Industry
EU Customs

News and media

The Copenhagen Post - English
Berlingske Tidende
Dagbladet Børsen

Please note: This list of websites and resources is not definitive. Inclusion in this list does not imply endorsement by Austrade. The information provided is a guide only. The content is for information and carries no warranty; as such, the addressee must exercise their own discretion in its use. Australia’s anti-bribery laws apply overseas and Austrade will not provide business related services to any party who breaches the law and will report credible evidence of any breach. For further information, please see foreign bribery information and awareness pack.