These are the terms that apply when Talium performs assignments for you. Dansk version.
1. Scope and basis of agreement
1.1 These terms of business apply to all assignments that Talium ApS, CVR (company reg. no.) 36472960, Lilleringvej 20, 8462 Harlev J, Denmark (“Talium”) performs for the client, unless otherwise agreed in writing.
1.2 The specific assignment is agreed in writing or orally, typically by e-mail. The basis of the agreement consists of the specific agreement, these terms of business and the data processing agreement in Appendix 1. In case of inconsistency, the specific agreement takes precedence over these terms of business.
1.3 The client accepts these terms of business by ordering an assignment or by continuing the collaboration after having received the terms or been referred to them. The current terms are always available at talium.dk/terms-of-business. In case of any discrepancy between the Danish and the English version, the Danish version prevails.
2. Services
2.1 Talium performs the assignments agreed with the client, e.g. bookkeeping, VAT returns, payroll administration, annual accounts, tax computations, tax returns, budgets and related advice.
2.2 Assignments that have not been agreed are not included. This also applies to tasks the client has not expressly requested, e.g. checking the client’s own records beyond what the assignment requires.
2.3 Talium performs the assignments on the basis of the information and material provided by the client. Talium does not audit the material and does not issue assurance reports under the Danish Act on Approved Auditors, unless specifically agreed.
2.4 Talium may use subcontractors and IT systems to perform the assignments. The IT systems that process personal data are listed in the data processing agreement.
3. The client’s obligations
3.1 The client must provide complete and correct material in due time so that deadlines towards public authorities can be met. Talium agrees specific delivery deadlines with the client.
3.2 The client is responsible for its own bookkeeping and for ensuring that accounts, VAT, payroll and tax are reported correctly and on time in accordance with the Danish Bookkeeping Act and other legislation. This also applies when Talium performs the tasks.
3.3 The client must review and approve the material prepared by Talium, e.g. VAT returns and annual accounts, before it is filed or signed.
3.4 The client must notify Talium immediately of changes relevant to the assignment, e.g. new owners, a change of VAT period or new employees.
3.5 If the client delivers material late or incomplete, Talium cannot be held liable for missed deadlines, fees or interest, and additional time spent will be invoiced.
4. Prices and payment
4.1 Assignments are invoiced on a time-spent basis at Talium’s current hourly rate or at an agreed fixed price. Prices are exclusive of VAT unless otherwise stated.
4.2 A fixed price covers the agreed assignment. Additional work, e.g. due to deficient material, changes to the assignment or enquiries from public authorities, is invoiced on a time-spent basis.
4.3 Costs of systems, fees and similar that Talium pays on the client’s behalf are re-invoiced.
4.4 Invoices are payable no later than 8 days after the invoice date. In case of late payment, interest is charged in accordance with the Danish Interest Act together with a reminder fee of DKK 100 per reminder. For business clients, Talium may also claim the compensation amount under the Danish Interest Act.
4.5 If the client does not pay, Talium may suspend the work until payment has been made. Talium will notify the client first and take deadlines towards public authorities into account.
5. Customer due diligence under the Danish Anti-Money Laundering Act
5.1 Talium is subject to the Danish Anti-Money Laundering Act and must therefore know its clients. Upon request, the client must provide information and identification regarding the client, its owners, beneficial owners and management and state whether any of them are politically exposed persons.
5.2 The information is collected and stored in accordance with the Anti-Money Laundering Act, including for 5 years after the end of the collaboration. Talium is an independent data controller for this information.
5.3 Talium cannot commence or continue a collaboration if the customer due diligence procedures cannot be completed. Talium is obliged to investigate and, where relevant, report suspicions to the Danish Money Laundering Secretariat, and the law may prohibit Talium from informing the client thereof.
6. Confidentiality and data protection
6.1 Talium is bound by confidentiality regarding all information about the client and the client’s affairs. Confidentiality does not apply where the law requires information to be disclosed, e.g. to the Danish Tax Agency or the Money Laundering Secretariat.
6.2 When Talium processes personal data on behalf of the client, e.g. about the client’s employees, customers and suppliers, Talium is the client’s data processor. The processing takes place in accordance with the data processing agreement in Appendix 1, which forms part of the basis of the agreement.
6.3 Talium is an independent data controller for information used to administer the client relationship and for customer due diligence under the Anti-Money Laundering Act. This is described in Talium’s privacy policy (in Danish).
6.4 When a private client authorises Talium to access TastSelv Borger (the Danish Tax Agency’s self-service for individuals), Talium can see the client’s tax information, including any trade union membership. By granting the authorisation, the client gives explicit consent to Talium processing this information where necessary to prepare the tax computation. The client may withdraw the consent at any time by revoking the authorisation.
7. Liability and limitation of liability
7.1 Talium is liable in accordance with the general rules of Danish law for errors made in performing the assignments, subject to the limitations set out in this section.
7.2 Talium is not liable for losses resulting from the client having provided incorrect, incomplete or delayed information, or from the client not having reviewed the material, cf. section 3.
7.3 Talium is not liable for indirect losses, e.g. operating losses, loss of profit, loss of data or loss of goodwill.
7.4 Talium’s total liability is limited to the fee for the assignment that gave rise to the loss, but no more than DKK 500,000 per claim. The limitation does not apply in case of intent or gross negligence.
7.5 Claims must be made in writing to Talium as soon as the client becomes aware of the error and no later than 12 months after the client discovered or should have discovered it.
7.6 Talium has taken out professional liability insurance with Topdanmark Forsikring A/S.
7.7 Talium is not liable for circumstances beyond Talium’s control, e.g. breakdowns at IT suppliers, public systems such as TastSelv and Virk, strikes or natural disasters.
8. Communication, storage and termination
8.1 Communication normally takes place by e-mail. Danish CPR numbers (personal identification numbers) are never sent by e-mail, and the client is encouraged not to do so either. Confidential information is exchanged via secure sharing.
8.2 The client owns its accounting material. The client is responsible for storing it for the period required by the Danish Bookkeeping Act. Talium keeps copies of the work performed as described in the data processing agreement and the privacy policy.
8.3 Either party may terminate the collaboration without notice. Talium is entitled to complete assignments that have been commenced at the time of termination and to invoice them, unless otherwise agreed. Work performed up to the termination is invoiced in all cases.
8.4 Talium may terminate the collaboration without notice if the client materially breaches the agreement, e.g. by non-payment, or if customer due diligence under the Anti-Money Laundering Act cannot be completed.
8.5 Upon termination, Talium returns the client’s own material and transfers access to the client’s systems. Talium may, however, await payment of outstanding invoices before releasing new, completed work.
9. Amendments, governing law and venue
9.1 Talium may amend these terms of business with 30 days’ notice by e-mail. Amendments apply to assignments agreed after they take effect.
9.2 The agreement is governed by Danish law. Disputes are settled by the courts of Talium’s venue, but by the consumer’s venue if the client is a consumer.
9.3 These terms of business apply from 1 October 2026.