When paying for services or compensation due to breach of an agreement or contract, an invoice is issued for the outstanding amount including VAT. VAT is calculated according to the VAT rate applicable at any time in the country in question.
The payment deadline is stated on the invoice. If payment is not made on time, default interest will be charged in accordance with the Danish Interest Act from the due date until payment is made.
In the event of non-payment, a first reminder will be sent no earlier than 10 days after the due date. A reminder fee may be charged for each reminder in accordance with applicable legislation. If payment is still not made, a second reminder will be sent and subsequently a third reminder at intervals of at least 10 days.
If payment is not made within 10 days after the last reminder has been sent, the case will be transferred to debt collection in accordance with section 10 of the Debt Collection Act. In this connection, debt collection costs will be charged to the debtor in accordance with applicable regulations, including costs for extrajudicial collection.

If the claim is not recovered through extrajudicial collection, the case will be filed with the Bailiff Court for the purpose of enforcement. Based on an enforceable legal basis, the Bailiff Court may enforce the debtor’s assets, including, but not limited to, bank deposits, receivables, operating assets and other property.

For legal entities (companies), enforcement can only be carried out against the company’s assets, unless there is a separate legal basis for personal liability, such as a guarantee, surety or circumstances giving rise to liability. In such cases, enforcement can also be carried out against the assets of the relevant natural persons.

All costs associated with the recovery, including interest, fees, collection costs as well as any legal costs and enforcement costs, are borne by the debtor.

Ultimately, Invest Business House can have your company forcibly closed down through the court. (We’ve done it before).

We hereby intend to initiate legal proceedings against the former management for gross abuse of managerial authority.

It is asserted that the employer and the responsible management exercised their managerial authority in an arbitrary, unlawful, and clearly abusive manner, thereby causing substantial harm to the affected employees, partners, and businesses.

During the proceedings, claims will be submitted requesting that the Court determine that an abuse of managerial authority has occurred and that the injured parties be awarded compensation and/or damages for financial losses, violations, and any other legal remedies deemed appropriate by the Court.

Furthermore, it will be argued that the conduct of the management was of such a serious and aggravated nature that personal liability should be imposed upon the responsible members of management.

Should the Court find sufficient grounds, the issue of management disqualification and/or other business restrictions will also be raised, including the possibility that the responsible individuals may be prohibited from participating in the management or operation of a business for a substantial period of time, including up to 10 years or more, subject to applicable law and the Court’s assessment.

Any publication or dissemination of defamatory, reputationally harmful, or factually incorrect statements in the public domain relating to Invest Business House and/or its commercial activities, including but not limited to bankruptcy petitions, shall be considered materially damaging conduct.

Invest Business House reserves the right to initiate all appropriate civil and criminal legal actions without further notice, including claims for compensation and damages arising from financial loss, reputational harm, and other demonstrable adverse effects. Any claims for damages shall be assessed on a case-by-case basis and may be substantial depending on the circumstances.