What is a kapitalejerlån (shareholder loan)?

In short

A kapitalejerlån is a loan from a company to its owner or management. Illegal shareholder loans are taxed as salary or dividends — even if the money is paid back.

In practice

The loan often happens by accident: private purchases on the company card, or a withdrawal without payroll reporting. When it does, the amount is taxed and the company must still be repaid — effectively a double bill. Legal shareholder loans exist but require free reserves and a general meeting resolution, among other things.

Go deeper: Shareholder loans: can you borrow money from your own ApS?

Related terms

• Mellemregningskonto (owner's current account)
• Udbytte (dividends)
• ApS (private limited company)
• See every term in the dictionary

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