momsregistrere

momsregistrere is a term that generally refers to the process of registering for value-added tax (VAT), known as merværdiafgift in Denmark, often referred to colloquially as "moms." This registration is a legal requirement for businesses operating in Denmark that exceed a certain turnover threshold.

The primary purpose of momsregistrere is to ensure that businesses can legally collect and remit VAT on their sales to the Danish tax authorities, Skattestyrelsen. Once registered, a business is issued a VAT identification number (CVR-nummer), which must be used on invoices and other business documents. This number is crucial for tracking VAT transactions and for businesses to claim back any VAT they have paid on their own business expenses.

The threshold for mandatory momsregistrere typically changes annually and is set by Danish law. Businesses that fall below this threshold may choose to register voluntarily, which can be advantageous if they incur significant VAT expenses on their purchases. The registration process is usually carried out online through the Skattestyrelsen's digital platform. Failure to register when legally required can result in penalties and back taxes.