Business terms and conditions

Price and Payment

Jacobsen Accounting's fees are calculated, inclusive of time for travel from Jacobsen Accounting's office, at all times, fixed hourly rates for the employees who perform the work, unless otherwise expressly stated in the letter of Contract and any written corrections thereto.

Hourly rates are regulated once a year without special notice.

Jacobsen Accounting's statement of a fee for entering a Contract is based on the assumptions stated by the parties. Therefore, even though a fixed fee has been agreed for the service, Jacobsen Accounting is entitled to make corrections to the calculated fee in the following situations:

1. The conditions for the delivery of the Service have changed
2. The assumptions were not correct or complete
3. The circumstances of. 1) and 2) can be attributed to the Customer or the circumstances for which the Customer is responsible

If, prior to the commencement of the work, no Contract has been agreed on a fixed fee, the fee shall be calculated after the time spent, cf. above. VAT is not included in fees and hourly rates unless explicitly stated in the letter of Contract and any written corrections thereto.

Costs related to the provision of the Service, such as outlays, reasonable travel expenses, accommodation and living expenses, are paid by the Customer in addition to the agreed fee, unless otherwise agreed in a contract and any written corrections thereto. Jacobsen Accounting is entitled to withhold the Service if the Customer is in default with payment/collateral or there is a default.

Jacobsen Accounting is entitled to invoice fees (including prepaid retainer fee), costs and expenses monthly in arrears; however, higher costs and expenses can be invoiced immediately upon holding. Jacobsen Accounting reserves the right to require prepayment or other securities for payment.

Payment terms are net cash, 14 days from the invoice date. For payments after maturity, interest is calculated at

2 % at the beginning of the month and actual reminder fees, unless otherwise agreed in the Contract.

Limitation of Liability

Jacobsen Accounting is responsible for the service provided under the Contract in accordance with Danish law's general rules.

Jacobsen Accounting is not responsible for indirect losses or consequential damages, including loss of goodwill, image, earnings, profits, or data.

Jacobsen Accounting cannot be held responsible for any claims that may arise as a result of false, misleading, or incomplete information, data or documentation provided by anyone other than Jacobsen Accounting.

Jacobsen Accounting cannot be held responsible for oral reports or drafts of products, which must subsequently be replaced by final products.

Jacobsen Accounting does not undertake any responsibility to other parties (including third parties) who use the service or knowledge provided by Jacobsen Accounting. The Customer undertakes to reimburse Jacobsen Accounting's obligations, expenses and other costs that Jacobsen Accounting reasonably may have in connection
with claims from such other parties and claims against Jacobsen Accounting as a result of the Customer's breach of the Contract.

The above limitations of liability apply regardless of whether the damage is due to gross or simple negligence, but not intentionally.

Confidentiality

The parties are bound to confidentially treat the knowledge, material, and information of the other party as well as information received from the other party in connection with the performance of the work.

All employees of Jacobsen Accounting are required to observe confidentiality.

The parties may not, in any form, disclose the confidential information of the other party to any third party unless consent thereto:
- The information is such that it is intended for disclosure
- Transmission is to another adviser under a confidentiality obligation, and disclosure is necessary for the execution of the task
- Transmission is to fulfil a legal duty

Regardless of the confidentiality obligation, Jacobsen Accounting is entitled to use the Customer’s (legal entities)
name and a brief description of the assignment in connection with the marketing of Jacobsen Accounting.

It is Jacobsen Accounting's policy to maintain a high level of security regarding communication, whether in letter or electronic form. However, Jacobsen Accounting cannot be held responsible for security and confidentiality breaches when transmitting via electronic means of communication.

Right of use, property, and copyright

Jacobsen Accounting retains all copyright and intellectual property rights for programs, systems, methods, and models in accordance with applicable law. Such programs, systems, methods, and models may not be disclosed to third parties without Jacobsen Accounting´s written permission.

Read the full version of our business conditions for working collaboration:

Business terms & conditions

Service descriptions

Data processing agreement