Intercompany Services Agreement Template for Denmark

The Intercompany Services Agreement is essential for formalizing service arrangements between affiliated companies under Danish law. It is typically used when one group company provides administrative, technical, financial, or operational services to another group company. The document must comply with Danish corporate law requirements, transfer pricing regulations, and EU data protection rules. It should include clear service descriptions, performance metrics, and pricing mechanisms that meet arm's length principles. This agreement is particularly important for multinational companies with Danish operations, as it helps demonstrate proper corporate governance and regulatory compliance to Danish authorities. The document typically includes provisions for service delivery, quality standards, payment terms, intellectual property rights, and data protection measures.

1. Parties: Identification of the service provider and service recipient entities, including registration details and authorized representatives

2. Background: Context of the agreement, relationship between the parties as group companies, and general purpose of the service arrangement

3. Definitions: Definitions of key terms used throughout the agreement, including specific service-related terminology

4. Services: Detailed description of services to be provided, service levels, and delivery requirements

5. Service Provider Obligations: Key responsibilities and commitments of the service provider, including quality standards and reporting requirements

6. Service Recipient Obligations: Responsibilities of the service recipient, including cooperation requirements and provision of necessary information

7. Fees and Payment Terms: Service fee structure, calculation methodology, payment terms, and transfer pricing compliance requirements

8. Intellectual Property Rights: Ownership and usage rights of IP created or used in service delivery

9. Confidentiality: Protection of confidential information exchanged between group companies

10. Data Protection: GDPR compliance measures and data processing requirements

11. Term and Termination: Duration of the agreement, renewal terms, and termination provisions

12. Liability and Indemnification: Allocation of risks and responsibilities between group companies

13. Force Majeure: Provisions for handling events beyond reasonable control

14. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes

15. General Provisions: Standard boilerplate clauses including amendments, assignments, and notices