What is an IVS (entrepreneur company, abolished)?

In short

An IVS (iværksætterselskab) was a company form that could be founded with DKK 1 in capital. It was abolished in 2019, and all IVS companies had to convert to ApS or dissolve.

In practice

The IVS was introduced in 2014 to make starting a company cheap, but was abolished after widespread misuse; the re-registration deadline ran out in 2021. Today the alternative is the ApS, whose capital requirement has in turn been lowered to DKK 20,000.

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