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The World Bank’s decision to continually rank Denmark as Europe’s best country for business is easily justifiable. It is a free-market capitalist economy with a flourishing business environment that welcomes all. According to the Doing Business organization, Denmark ranks 4th in the world and 1st in Europe for its ease of doing business.
If your business is rapidly growing and you are planning an international business expansion, you might find yourself researching the best countries for expansion. A lot of factors go into choosing the right one.
The Kingdom of Denmark is a country in Northern Europe and comprises of the Jutland Peninsula and various islands around it. A fairly small country, Denmark has a total land area of 42,916 square kilometers. It has a population of around 5.8 million and is famous for being the historical home of seafaring pirates known as The Vikings who lived between the 8th and 11th centuries in north-western Europe.
Today, this small Scandinavian country is best known for being one of the happiest in the world due to its great quality of life and several government initiatives that facilitate and support its citizens. For example, the government of Denmark analyzed the effects of the COVID-19 pandemic on the world economy and how its aftermath was felt by individual countries.
To safeguard and cushion its citizens from inflation and unemployment, the Danish Ministry of Employment introduced a new bill known as the Posting of Workers Directive in July 2020, which came into effect on January 1, 2021.
The Posting of Workers Directive bill stipulates the following changes to employment laws:
Around the world, workers are given different rights. These range from the right to organize protests and participate in trade unions, to working in safe conditions and overtime pay. This article explores 5 countries that have the best employment laws from the perspective of the employee with top global rankings in terms of rights of workers, based on their labor traditions and violation of labor rights.
Due to the high spread of coronavirus, the Danish government has put a number of restrictions on different parts of the Danish society. Since restrictions have been tightened, employers and employees must ensure that they follow all the new guidelines. Read more about Employer Guidelines in Denmark for COVID-19.
