Terms of cooperation

These terms of cooperation apply to all agreements entered into, both written and oral, regarding the provision of services between the customer, and

Dania Accounting ApS
Raahuspladsen 16, M
1550 Copenhagen V
Denmark
CVR: 41798459

From now on, referred to as the service provider.

These terms of cooperation cancel all previous terms of cooperation between the service provider and the customer.

The terms of cooperation in force at any given time are considered an integral part of any agreement between the customer and the service provider.

It is the obligation of the customer to periodically review these terms of cooperation.

Changes to the terms of cooperation will be announced on this page only.


1. General terms

The terms of cooperation that were in force when the agreement was entered into can be changed at any time by the service provider with one month’s notice.

When this happens, the service provider will notify the customer via this page.

If the customer cannot approve changes made to the terms of cooperation, the customer can terminate the agreement with one month’s notice.

The customer and the service provider may enter into special agreements that deviate from these terms of cooperation.

Special agreements complement these terms of cooperation.


2. Terms of payment

The payment term is seven days net.

In case of late payment, interest is charged with 1,5% p.a.

The service provider can send three reminders with a reminder fee of 200 DKK each.

The service provider can submit debt collection claims after three reminders.

Debt collection demands a claim for payment within ten days from the date of the demand.

If the payment deadline of ten days is exceeded, the claim for debt collection is submitted to the court, and additional costs for judicial debt collection must be expected.

The ownership of the work performed by the service provider does not transfer to the customer until the service provider has received payment of any claim from the service provider.


3. Prices of services


3.1. Accounting services

Accounting services are invoiced according to elapsed time.

An invoice is sent every month with a timesheet documenting the work done by the service provider.

The service provider offers the following hourly rates for accounting services:

350 DKK + VAT for customers with at least 20 hours of accounting services per month
400 DKK + VAT for customers with 3-19 hours of accounting services per month
500 DKK + VAT for customers with 1-2 hours of accounting services per month

A minimum of 1 hour per month (500 DKK + VAT) is invoiced.

The service provider may request a retainer.


How many hours does the service provider need to provide the accounting service?

As a guideline, expect an average of 1 hour of accounting service needed for every 5-10 invoices including answering emails, asking questions, meetings, phone calls e.g.


3.2. Payroll services

Payroll services are invoiced according to elapsed time.

An invoice is sent every month with a timesheet documenting the work done by the service provider.

The service provider offers the following hourly rates for payroll services:

350 DKK + VAT for customers with at least 20 hours of payroll services per month
400 DKK + VAT for customers with 3-19 hours of payroll services per month
500 DKK + VAT for customers with 1-2 hours of payroll services per month

A minimum of 0,5 hours per month (250 DKK + VAT) is invoiced.

The service provider may request a retainer.


How many hours does the service provider need for providing the payroll service?

As a guideline, expect an average of 15-30 minutes per payslip.


3.3. Annual report and income tax return services

Annual report and income tax return services are invoiced according to elapsed time.

The service provider offers the following hourly rate:

700 DKK + VAT

The service provider invoices an estimated amount of hours prior to the preparation of the annual report and income tax return which is prepaid by the customer.

After finalising the annual report, a timesheet documenting the work done is sent together with a final settlement to the customer.

A minimum of 3 hours (2.100 DKK + VAT) is invoiced.


How many hours does the service provider need to provide the annual report and income tax return service?

As a guideline, expect:

Sole proprietorships: 5-8 hours annually
Holding companies: 5-8 hours annually
ApS and A/S: 10-20 hours annually

The time needed depends on the complexity of the annual report and income tax return.


3.4. Changes in prices

Prices are subject to change with one month’s notice.


4. Duration and termination

The service provider and customer can terminate the agreement with three months’ notice until the end of a calendar month.

However, the customer may terminate the agreement with one month’s notice if the service provider changes the terms of cooperation or price.

If the customer lowers the amount of work during the termination period by more than 20%, then the service provider is entitled to invoice an average of the previous 6 months’ fee during the termination period.

The agreement also terminates in the event of the service provider’s or customer’s bankruptcy, reconstruction or death.

In the event of non-payment, the service provider may terminate the agreement without notice after sending three reminders.

The service provider may also terminate the agreement without notice if the customer does not comply with applicable legislation or if suspected of breaching the Money Laundering Act or other legislation.


5. Confidentiality

The service provider undertakes a duty of confidentiality in all matters concerning the client’s financial and personal issues.

Likewise, the customer is not entitled to bring negative or derogatory reviews of the service provider or its services on social media or websites, without obtaining prior written consent from the service provider.

The customer must pay a fee to the service provider of 2.000 DKK per day, as long as the customer has a story, comment, review or description, published on the Internet without permission from the service provider.


6. Power of attorney

When the customer hands out passwords for use on the Danish Tax Office’s self-service website “TastSelv” to the service provider or when creating access with a digital signature, the customer also authorizes the service provider to use all the functions contained in “TastSelv”.

A power of attorney is revoked by changing the passwords or cancelling access with the digital signature, whereby the service provider no longer has access.


7. The customer’s duty to make a complaint and the service provider’s right to remedy


7.1. Complaints

Complaints regarding work performed must be submitted from the customer to the service provider within 24 months of sending the invoice for the work performed.


7.2. The right to remedy

The service provider has the right to remedy errors.


8. Service provider’s liability

The service provider is not liable if the customer suffers financial loss due to errors or delays.


9. Employees

The customer is not allowed to offer or encourage employees or contractors working for the service provider to come work for the customer directly.

Should an employee or contractor working for the service provider start to work directly for the customer without approval from the service provider then the customer shall pay a replacement fee within 7 days to the service provider that equals the last 12 months of service fees or a minimum of 300.000 DKK.

The replacement fee covers the recruitment and training of a new employee or contractor.


10. Court

Disagreements between the parties, which cannot be resolved by negotiation, must be resolved by the court in Copenhagen, regardless of who brings the case.


(These terms of cooperation were published on 4.3.2022)