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 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.
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.