The Jazz Club is not able to run its business with the current audience of 35 people, it is written in a press release.
Montmartre usually seats 85 people.
Denmark today has a ceiling of 500 people at certain approved gatherings, but the audience needs to keep a proper distance regardless of the number.
"Hoped for bigger help package"
Earlier this year, Montmartre was designated a so-called regional stage by the City of Copenhagen.
The idea was to give the non-profit club a chance to get both state and municipal support to survive the pandemic.
But the Danish state art fund has not granted the jazz scene enough money, says Michael Christiansen, chairman of Jazzhus Montmartre.
- We had hoped for a slightly larger aid package, he says.
Miles Davis and Stevie Wonder
The gloomy future prospects mean that the club cancels all concerts, that the lease has been terminated and that the staff has been sent home.
The Montmartre Jazz Club opened in 1959, with saxophonist Stan Getz as a regular guest artist.
During the 70's and 80's, the club developed into one of Europe's most influential and housed names such as Miles Davis, Stevie Wonder, Sonny Rollins and James Brown.
In principle, all the biggest jazz stars have set foot on the Copenhagen club's stage, and many have recorded live records on Montmarte.
It is unclear whether Montmartre has plans to reopen after the pandemic. The cultural news is looking for Michael Christiansen.