06 Feb 5 Reasons for businesses to translate Danish to English
At first glance, normal people would have no reason to translate Danish to English as something like this is rarely needed in day to day life. However, things are different when it comes to business: companies need to use translation services if they want to expand their reach.
In spite of the majority of Danish people being able to communicate in English, the government of Denmark enforces monolingualism, meaning all official documents and communications must be in Danish. But it’s worth the extra cost to translate Danish documents to English and vice versa to be able to do business in Denmark.
Why you need to translate Danish to English
The government is trustworthy
There is no need to bribe officials to do business. Everything is clean and above board. Furthermore, the country welcomes foreign investment. You can set up a new business online and be approved in less than a day. Foreigners are entitled to the same welfare benefits, such as free health care and education, as the locals.
Denmark has one of the highest standards of living in the world. If you establish a business there you will be able to sell your products to many of the richest people in the world. Not only that, you will be able to sell your products to its equally wealthy neighbouring countries in the European Union.
You have the choice to transport in and out of Denmark either by land (to Germany) or by sea. Denmark is known for its shipping lines. Denmark and Germany share no border restrictions.
A very attractive labour pool
The Danish workforce is known to be very productive since there are no restrictions regarding overtime. If you employ Danish people you would be employing people with a high education and literacy rate. You won’t find it hard to find people who can translate Danish to English for you.
Denmark is environmentally friendly
30 percent of electricity is generated by wind power. People go around most of the time in bicycles. That fact will look good in your company brochure.
Less taxation costs
Expats have a reduced income tax rate for the first 5 years of their stay. The current corporate tax rate is 23.5% and will be reduced to 22% in 2016. Business expenses and depreciations are also tax deductible. Employers are not required to give social security contributions for their employees. Dividends and share transfers are not taxed.
If these aren’t enough reasons to spend the cost to translate Danish to English then you could be losing out on a great opportunity.