Third-Country Auditors and Audit Firms

Denmark is required to register third-country auditors and audit firms, who conduct statutory audit on annual reports and consolidated reports from third-country companies, whose transferral securities are admitted to trading on a regulated market in Denmark.

Third-country auditors and audit firms, who have been registered in Denmark are subjects to the Danish audit control and investigation from the Danish authorities.

Exemption from Registration

Auditors and audit firms that conduct statutory audit on annual reports and consolidated reports from third-country companies are exempted from registration if

a) the transferal securities have been admitted to trading prior to 31. December 2010 and the denomination per unit of which is, at the date of issue, at least EUR 50.000 or, in the case of debt securities denominated in another currency, equivalent at the date of issue, to at least EUR 50.000, or

b) the transferal securities are admitted to trading from 31. December 2010 and the denomination per unit of which is, at the date of issue, at least EUR 100.000 or, in case of debt securities denominated in another currency, equivalent, at the date of issue, to at least EUR 100.000.

Exemption from the Danish Audit Control and Investigation

The EU-Commission has adopted a decision concerning a transitional of audit activities of certain third-country auditors and audit entities. The included auditors and audit firms within this decision are exempted from being subjects to the danish audit control and investigation from the Danish authorities within this transitional period.

Commission Decision of 19 January 2011 concerning a transitional period for audit activities of certain third country auditors and audit entities

Commission Decision of 25. July 2016 amending Decision of 19. January 2011 (http://eur-lex.europa.eu/legal-content/EN/TXT/PDF?uri=CELEX:3201 6D1223&from=EN)

The included auditors and audit firms have to fill out a form, Form A, in order to be exempted according to the decision.

Form A
Guide to form A

Registration of Auditors and Audit Firms

The EU-Commission has adopted a form, Form B, to those auditors and audit firms that shall be registered in Denmark and other member states. You can find Form B and a guide to the form to the right.
Form B
Guide to Form B