Entrepreneur company (IVS)
The iværksætterselskab (IVS) was a Danish limited-liability company form with a capital requirement of just DKK 1, introduced in 2014 and abolished in 2019. Existing IVS companies had to convert to ApS or be dissolved.
The figures behind the term
Source: companydata.dk, CVR and annual reports, updated 27 October 2026
The IVS was meant to make limited-liability incorporation cheap: DKK 1 in capital against a duty to continuously set aside part of profits until the capital reached ApS level. The form was abolished in 2019 after analyses showed elevated fraud and forced-dissolution risk among IVS companies.
Why do you still encounter IVS?
IVS companies that failed to re-register as ApS before the deadline were sent to forced dissolution. The form therefore still appears in CVR history: a company may have been an IVS later converted to ApS, visible in its timeline and former names.
Frequently asked questions
Can you still found an IVS?
No. The option was abolished in April 2019. Existing entrepreneur companies had to be converted to ApS or dissolved before the deadline in October 2021.
Why was the entrepreneur company abolished?
An evaluation showed IVS companies had markedly more forced dissolutions and more fraud than other company types, and that the DKK 1 capital requirement offered too little creditor protection.
What happened to IVS companies that were not converted?
They were sent to forced dissolution at the bankruptcy court. That is why many IVS companies in CVR appear as ceased or under forced dissolution.
Related terms
Private limited company (ApS)
An anpartsselskab (ApS) is a Danish private limited company where the owners are liable only for their contribution. It is Denmark's most common company type and requires share capital of at least DKK 20,000.
Forced dissolution (tvangsopløsning)
Tvangsopløsning (forced dissolution) is when the Danish Business Authority asks the bankruptcy court to dissolve a company because it fails statutory requirements, most often a missing annual report, missing registered management, or missing auditor.
Share capital (selskabskapital)
Share capital (selskabskapital) is the capital the owners have subscribed and contributed to a limited company. The minimum is DKK 20,000 for an ApS and DKK 400,000 for an A/S. The capital is public in CVR and can later be increased or reduced.