Get notified when there's news

Want to stay up-to-date? Sign up for our infoupdate. You'll be notified directly when we publish new content that's relevant to you.

I accept


By January 20, 2025, you must report your employees' stock compensation to eKapital. We have ...
December 11, 2024

Guide: Reporting employee shares to the Danish Tax Agency

Remember to report your employees' share salary to eKapital by January 20, 2025. We have put together a guide to help your company understand the requirements for this reporting.

What is eCapital and why is it important?

While the reporting to eIncome is about salary, the reporting to eCapital is about the actual acquisition of shares that employees have received through stock compensation programs. This can be in the form of Restricted Stock Units (RSUs), Performance Shares, Stock Options or Warrants.

In the past, custodians (e.g. banks and financial institutions) were usually responsible for reporting employee shares, but this obligation has now been transferred to employers.

By reporting the acquisition of employee shares, you ensure that this information automatically becomes part of the employees' annual statement. Employees simply need to check that the correct number of shares are reported, regardless of whether the shares are held in a Danish or foreign depository.

Reporting to eKapital applies to all employees who have received shares in accordance with sections 7P, 16 or 28 of the Danish Tax Assessment Act and who are employed by Danish companies - regardless of whether they are resident in Denmark or abroad.

How does reporting work?

The reporting is done via an Excel sheet that must be filled in with information about the acquisition of the shares, the participant, the shares and the transaction itself. It's important to follow the format carefully as it requires the number of characters and decimals for each field.

Once the sheet is correctly filled in, it is converted to a txt file with necessary codes and sent to the Tax Agency. This submission can be done via the company's tax folder or through a Gateway access. If submitted via Gateway, the data is quality assured and handled directly in the system used by custodians.

Risk of fines for missing or incorrect reporting

The report must be sent to the Tax Agency no later than January 20 of the year following the income year. For the income year 2024, the report must therefore be completed no later than January 20, 2025. It is not possible to get a deadline extension.

Reporting can usually start from mid-December. The exact start date will soon be published on the eKapital website.

Please note that missing or erroneous reports may result in fines according to applicable regulations.

Also remember to report to eIncome

In addition to eKapital reporting, it is also important to remember to report profits that are taxable as salary income. Make sure you get both reports in order to avoid problems with the Tax Agency.

More information

If you need advice or assistance in connection with eKapital reporting or other tax-related matters, you are welcome to contact inforevision's tax department. You can read more about us here. 

Flemming Saabye
Head of the tax department
T: 39 53 50 38
fsa@inforevision.dk

Jannik Petersen
Tax advisor
T: 39 53 50 47
jpe@inforevision.dk