Document background
The Small Business Sales Receipt is a fundamental business document required under Danish law for documenting commercial transactions. It serves as an official record of sale between a business and its customers, whether individuals or other businesses. This document is essential for compliance with Danish tax regulations, particularly the VAT Act (Momsloven) and Bookkeeping Act (Bogføringsloven). Small businesses must issue these receipts for all transactions, ensuring they include mandatory information such as the business's CVR number, VAT details, item descriptions, and pricing. The receipt can be provided in either physical or electronic format, but must be stored for the legally required retention period. In the context of increasing digitalization, many Danish businesses are transitioning to electronic receipt systems while maintaining compliance with relevant regulations.
