What is a generalforsamling (general meeting)?

In short

The generalforsamling is a company's highest authority, where the owners make the big decisions — approving the annual report, electing management and declaring dividends.

In practice

Every ApS and A/S must hold an annual general meeting so the annual report can be approved before the filing deadline. In single-owner companies the general meeting is, in practice, a resolution document the owner signs.

Go deeper: Annual report for an ApS: deadlines, requirements and price

Related terms

• Årsrapport (annual report)
• Vedtægter (articles of association)
• Udbytte (dividends)
• See every term in the dictionary

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