Document background
Foundation Articles of Incorporation are essential documents required when establishing a foundation in Denmark, whether for charitable, family, or commercial purposes. This foundational document must comply with the Danish Foundation Act and, where applicable, the Commercial Foundations Act. It is used to register the foundation with the Danish Business Authority (Erhvervsstyrelsen) and serves as the constitutional framework governing all aspects of the foundation's existence. The Articles must include specific provisions about the foundation's purpose, initial capital (minimum requirements apply), governance structure, and distribution policies. They form a permanent record of the founder's intentions and establish binding rules for how the foundation will operate, how its assets will be managed, and how its objectives will be pursued. The document is particularly crucial as foundations in Denmark are perpetual entities that typically cannot be dissolved or substantially modified once established.
