Intercompany Administrative Services Agreement Template for Denmark

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Key Requirements PROMPT example:

Intercompany Administrative Services Agreement

Need an Intercompany Administrative Services Agreement for our Danish parent company to provide HR, IT and accounting services to three subsidiary companies in Denmark, with service commencement planned for March 2025 and specific emphasis on GDPR compliance and transfer pricing documentation.

What is a Intercompany Administrative Services Agreement?

The Intercompany Administrative Services Agreement is essential for corporate groups operating in Denmark that need to formalize the provision of administrative services between group entities. This document is typically used when one group entity provides centralized administrative functions such as HR, IT, accounting, or other support services to other group companies. It ensures compliance with Danish transfer pricing requirements, corporate law, and tax regulations while establishing clear service levels and responsibilities. The agreement is particularly important for documenting arm's length arrangements for tax purposes and maintaining proper corporate governance within the group structure. It includes comprehensive details about service scope, performance metrics, pricing mechanisms, and risk allocation, tailored to meet Danish legal requirements and group operational needs.

What sections should be included in a Intercompany Administrative Services Agreement?

1. Parties: Identification of the group companies entering into the agreement - service provider and service recipient

2. Background: Context of the agreement within the group structure and purpose of the service arrangement

3. Definitions: Key terms used throughout the agreement, including Services, Service Levels, Group Company, etc.

4. Scope of Services: Detailed description of administrative services to be provided

5. Service Provider's Obligations: Key responsibilities and commitments of the service provider

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

7. Service Levels: Performance standards and quality metrics for service delivery

8. Fees and Payment Terms: Pricing structure, payment terms, and transfer pricing compliance

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

10. Confidentiality: Protection of confidential information exchanged between parties

11. Data Protection: GDPR compliance and data processing requirements

12. Term and Termination: Duration of agreement and termination provisions

13. Liability and Indemnification: Allocation of risks and liability limitations between group companies

14. General Provisions: Standard boilerplate clauses including notices, amendments, governing law

What sections are optional to include in a Intercompany Administrative Services Agreement?

1. Personnel: Specific provisions regarding staff providing services - include when services involve dedicated or shared staff

2. Audit Rights: Rights to audit service provision - include when required by regulatory requirements or group policy

3. Business Continuity: Disaster recovery and business continuity provisions - include for critical services

4. Tax Matters: Specific tax-related provisions - include when services have special tax implications

5. Insurance: Insurance requirements - include when required by group policy or risk management

6. Anti-Corruption: Compliance with anti-corruption laws - include for international service provision

7. Force Majeure: Provisions for unforeseen circumstances - include based on service criticality

What schedules should be included in a Intercompany Administrative Services Agreement?

1. Schedule 1 - Services Description: Detailed description of each service category and specific services

2. Schedule 2 - Service Levels: Detailed service level agreements, KPIs, and measurement methods

3. Schedule 3 - Fees and Charging Method: Detailed fee structure, calculation methods, and transfer pricing documentation

4. Schedule 4 - Key Personnel: List of key personnel involved in service provision and their roles

5. Schedule 5 - Data Processing Agreement: GDPR-compliant data processing terms and details

6. Schedule 6 - Contact Details: Key contacts for operational, financial, and escalation matters

7. Appendix A - Service Request Form: Template for requesting additional or modified services

8. Appendix B - Performance Report Template: Template for regular service performance reporting

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Financial Services

Manufacturing

Technology

Healthcare

Retail

Energy

Telecommunications

Professional Services

Consumer Goods

Industrial

Transportation

Real Estate

Relevant Teams

Legal

Finance

Tax

Compliance

Corporate Governance

Treasury

Operations

Shared Services

Company Secretariat

Risk Management

Internal Audit

Corporate Services

Relevant Roles

Chief Financial Officer

Head of Legal

Group Tax Director

Shared Services Director

Corporate Counsel

Finance Director

Compliance Officer

Group Controller

Head of Operations

Transfer Pricing Manager

Company Secretary

Head of Group Treasury

Chief Operating Officer

General Counsel

Head of Corporate Services

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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