New Rule: Sanctioned People Cannot Control Danish Companies
Denmark has passed a new law about keeping certain people away from controlling Danish companies. If a person or organization is under international sanctions (meaning the world has decided to punish them for something), they can no longer run or own a Danish company. This law makes sure Denmark follows international rules.
Who is affected?
If you own or run a company and there is a sanctioned person or organization behind it, this affects you. It can be direct or indirect — for example, if someone owns shares in your company or if a sanctioned person sits on your board.
What happens?
From now on, companies must take steps to keep sanctioned people away from control. This means removing them from leadership, boards, or decision-making. If you don't do this, the Business Authority (Erhvervsstyrelsen) can order you to do it. The Business Authority must approve that your steps are strong enough.
What can you do?
Check first: Find out if anyone behind your company is on sanctions lists. Then: Make a plan for how to remove their control — this could mean changing ownership or leadership. Next: Send your plan to the Business Authority for approval. Finally: Keep records that you follow the rules over time.
This is an explanation of the law, not legal advice. If you are unsure how this affects your company, you should talk to a lawyer or business consultant.