CVR stands for the Central Business Register and is the unique identification number you get when you choose to start your own business - regardless of company form.
The CVR number is listed in the CVR register, often simply referred to as CVR, and is the unique number a company can be identified by - just like the CPR number that people have in Denmark, which is worn for life.
The CVR number is provided in many respects, and is often used when the company is set up as a new customer with a supplier, as all relevant information about a company can be automatically retrieved from the CVR register simply by providing the CVR number.
The Central Business Register, CVR, is operated by the Danish Business Authority and is the register that stores all Danish and Greenlandic CVR numbers.
In the CVR register, you can find a wide range of relevant information about a company, such as
You can also find information about the company's ownership, subscription rules, management, company purpose, registration history and historical master data.
It is also possible to find the company's published annual report(s) if the company is in corporate form (ApS, A/S) - and is often more than a year old.
Changes made in the Central Business Register are often registered immediately - so if new owners or management join a company, this information is often available quickly after it has been reported to the Danish Business Authority.
The CVR register, or simply CVR, helps to ensure transparency for both consumers and other companies - by creating an overview of the company and the people and organizations behind the company.
Whether you are a private individual or a company trading with another company, it's always a good idea to get the company's CVR number.
Because with the CVR number, you're sure who you're actually doing business with. A company name can't always be found as easily as a CVR number can be found - and often we see companies calling themselves something else, or variations of their legal name.
With a CVR number, you can easily look up the company - and get a relevant overview of the company - and thus those you do business with.
A CVR number is also the best form of identification if, for example, you need to set up a customer for debt collection with a debt collection agency, as the CVR number ensures the debt collection agency that it is the correct one. For example, if you only have one name for your customer and it's not correct - or if there are several of them, you risk the debt collection agency rejecting your debt collection case.
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We always recommend that you as a company obtain the company's CVR number. The CVR number is the only unique thing a company has; and thus the best way to find the right company.
Companies often use all or part of their legal name - otherwise there are several companies with a similar name.
For example, try looking up "Alanya Pizza" on CVR. dk - you'll find 62 results, so which one are you actually dealing with?
You may often be asked to provide your VAT number if you trade with other European countries, the UK or the US, for example. VAT is a VAT number, but is basically the same as a CVR number - a unique number that is only associated with your business.
If you are asked to enter your VAT number, simply enter your CVR number. Note that some systems require you to put DK in front.
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