GTS Nordic: Glossary

Explore our glossary of industry terms and concepts.

C E P S T V

C

CVR Number

What is a Danish CVR Number? The CVR number, an acronym for Central Business Register number, is a unique identifier...
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E

EOR vs PEO

EOR vs PEO: Understanding the Differences When expanding globally, businesses often face the challenge of managing human resources across different...
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Expat Taxation Scheme

Understanding the Expat Taxation Scheme (48E) in Denmark The Expat Taxation Scheme, officially known as the 48E scheme, offers favorable...
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P

Payroll Service

What is a Payroll Service? The Payroll Service, a crucial component for managing employee salaries and wages, involves the process...
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S

Salaried Employees Act

What is the Danish Salaried Employees Act? The Danish Salaried Employees Act, a cornerstone of employment legislation in Denmark, defines...
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T

Trygghetsförsäkring (TFA)

What is Trygghetsförsäkring (TFA)? In Sweden, Trygghetsförsäkring, commonly referred to as TFA, is a Swedish occupational injury insurance that provides...
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V

VAT Number

What is a VAT Number? VAT Number, short for Value Added Tax Identification Number, is a unique identifier used by...
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