Efterafviklingen
Efterafviklingen refers to the Danish process of winding down and closing down a business or organization in an orderly manner. The term combines the words *efter* (after) and *afvikling* (closure or winding down), indicating the actions taken once a company or institution has decided to cease operations. This process is governed by Danish law and involves several key steps to ensure compliance, protect stakeholders, and minimize legal or financial risks.
The process typically begins with formal notification to relevant authorities, such as the Danish Business Authority
Assets are liquidated or transferred, while liabilities are settled. Creditors are notified, and any remaining funds
Small businesses or sole proprietorships may have a simpler closure process, but all steps must still adhere