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2.1. Main Formation Requirements

Key steps to be followed for registering a company are:

  • Reserving a unique name of the company with GER
  • Opening a corporate bank account for depositing the initial capital
  • Registering the company with the DCCA
  • Obtaining a registration number from the Greenland Tax Authority
  • Registering the company with the GER
  • Obtaining a trading license from the Home Rule Government Administration
  • Notifying Greenland tax authority of the employment of workers