Denmark, which is officially referred to as the Kingdom of Denmark, is the southernmost of the Scandinavian nations. It is located southwest of Sweden and south of Norway, while bordered by Germany. A very industrialized exporter of agricultural produce during the end of the 19th century, Denmark then introduced labor market and social reforms at the start of the 20th century, which then created the basis for the present welfare state model with a very developed mixed economy. The nation’s capital is Copenhagen, which is also its largest city and its primary financial center. Denmark is widely considered to be one of the most socially and economically developed nations worldwide, making it very attractive to foreign investors.
Denmark also ranks high with regard to standard of living and metrics including education, healthcare, prosperity, human development, democratic governance, and civil liberties. The nation is also known to have one of the lowest perceived levels of corruption in the world, has one of the world’s highest per capita incomes, and is the fifth most developed nation in the world.
Economy of Denmark
Denmark has a developed mixed economy, which is categorized as a high-income economy by the World Bank. It is ranked 19th in the world in terms of GDP per capita and 6th in terms of nominal GDP per capita. Denmark is considered one of the freest in the Index of Economy Freedom and the Economic Freedom of the World. Denmark’s economy is the 13th most competitive economy in the world and the 8th within Europe, per the World Economic Forum.
The nation was once predominantly agricultural but has since greatly expanded its industrial base. Primary industries include steel, iron, chemicals, pharmaceuticals, shipbuilding, construction, and food processing. Denmark is part of the European Union’s internal market, which equals over 508 million consumers.
It is easy to see the characteristics of the nation that make Denmark attractive for those looking to invest overseas. For any business looking to relocate, expand into a foreign market or launch in a foreign market, it is essential to first establish a reliable means of communication with contacts in Denmark to begin looking into legal matters related to business, communicate with the appropriate agencies with regard to any necessary business licenses, and communicate with anyone else related to the expansion into the market in Denmark.
Expand Your Business with Denmark Toll Free Numbers
With Denmark toll free numbers, a business owner is able to easily communicate with those in the new market without even having to be physically present. For example, a business owner may live and operate in New York City, but wishes to expand to Denmark. The business owner may purchase Denmark toll free numbers to start marketing their new launch in Denmark and potential customers are able to call to find out more about products and services ahead of an official launch, giving the company an ability to gauge how their company is received from the start.
For a company with a small budget, having Denmark toll free numbers to somewhat measure the market before making a large investment and opening a physical location is key. Even for a large company, the costs involved in establishing a physical location in a foreign market can be extremely high and the business owners may wish to measure how their products and services do in the new market before investing in leasing or buying a space, hiring and training employees, paying for business licenses required for operating a physical location in Denmark, and any other costs related to establishing a physical location. Purchasing Denmark toll free numbers gives businesses the freedom to do this from afar. Calls made to Denmark toll free numbers can simply be forwarded to any mobile or landline number of the business owner’s choosing.
Denmark Toll Free Numbers from United World Telecom
United World Telecom offers Denmark toll free numbers, as well as toll free and local virtual phone numbers for over 150 countries worldwide, with a focus on assisting businesses aiming to compete in the ever-evolving and extremely competitive global market.