Glossary
Holding company
A holding company does not run a business itself. It owns the operating company, receives dividends from it and holds the wealth the owner has taken out of operations. The structure "owner, holding, operating company" is common in Denmark because dividends from the operating company can as a rule be received tax-free in the holding company.
Updated 21 October 2026
What is a holding company?
A holding company is usually an ApS. Its balance sheet is simple: the shares in the operating company as a fixed asset, a bank account and the equity. The income statement holds dividends from the operating company, perhaps some interest, and a few costs for the bank, the accountant and fees. There are typically few entries a year, but the company still has to keep books, file VAT returns if it is VAT-registered, and file an annual report.
Example: a consultant owns Holding ApS, which owns Drift ApS. Drift ApS earns the money and pays dividends to Holding ApS, which invests them or lets them sit. If Drift ApS is sold one day, it is the holding company that sells and receives the money.
Holding company in Veneti
In Veneti the holding company and the operating company sit under the same user account, and you switch between them with one click: Multiple companies and roles. The holding company's few bank lines are coded automatically, you just approve, and the bank integration is free. The Free plan includes 5 vouchers per month pooled over the financial year, which often covers a holding company: Pricing.
The annual report is downloaded as an accounts file for Regnskab Basis under Annual report. More about holding companies: Veneti for holding companies.
Related terms
- ApS: the company form most holding companies have.
- Fixed asset: the shares in the operating company are a financial fixed asset.
- Annual report: what the holding company files every year.