Denmark has gotten a lot better at encouraging business growth, lowering the capital requirement for registering a private company and introducing a new "start-up" business type that costs 1-DKK to register. With that business type you have three years to grow up to the capitalization level of private company and your qualification as such once you do achieve that level is pretty much automatic, at least as far as I can recall from my Knowlege Based Entrepreneurship class from a year ago. The start-up business type is mostly unknown, as it hasn't been marketed very well to the public. I'm glad I got to learn about it because it seems quite a bit easier and cheaper than starting a similar company in the US.