10 steps to incorporating in Greenland in 2024
- Prior to Greenland company incorporation, our Client i) settles Healy Consultants’ incorporation fees, ii) signs and returns our Client engagement letter and iii) provides us all the required due diligence documents;
- Healy Consultants drafts a detailed Greenland company setup engagement project plan. This plan will map out, week by week, each step to engagement completion, optimizing transparency and settling Client expectations;
- Healy Consultants assists our Client to decide on i) proposed company’s name and ii) the optimum corporate structure including directors and shareholders;
- Healy Consultants will collect all necessary due diligence from our Client and details of the proposed company’s activities and then proceed to open a corporate bank account for the company with one of the recommended banks in Greenland and then deposit the required initial capital into the corporate bank account and obtain a deposit slip;
- Healy Consultants will then reserve the company name with the Greenland Company Register (GER);
- Next Healy Consultants will then register the company with the Danish Business Authority (DCCA) and obtain a registration number form the Greenland Tax Authority;
- After this, Healy Consultants will proceed to apply for registration of the company at the Greenland Company Register;
- Healy Consultants will apply for a trading license on behalf of our Client from the Home Rule Government Administration;
- Healy consultants will then notify tax authorities in Greenland of the employment of workers on behalf of our Client;
- Following the company incorporation engagement completion, Healy Consultants will courier a full company kit to our Client, including original documents, unopened bank correspondence and a Client feedback survey.