Terms of Business
Unless otherwise expressly agreed, these Terms and Conditions apply to all legal assistance provided to clients by GALST Advokataktieselskab, CVR 32 28 55 70, including Galst & Altschuler Sundhedsretsadvokater, SVEGA Advokatinkasso and GALST Selskaber. For GALST Selskaber, special rules in section 14 apply, which prioritise services provided by GALST Selskaber.
These Terms of Business were last revised on 1 January 2026.
Where the client is a business, the scope of the agreed engagement is discussed on an ongoing basis and, unless otherwise specifically agreed, fees are calculated in accordance with our general fee principles as set out below. Where the client is a consumer, a written agreement on both the scope of the engagement and the agreed fee is always prepared before the engagement is initiated.
We perform all engagements in accordance with the Danish Rules of Professional Conduct for lawyers and the provisions of the Danish Administration of Justice Act governing lawyers.
Intellectual property rights to materials prepared by GALST Advokataktieselskab belong to GALST Advokataktieselskab unless expressly agreed otherwise. Our letterhead, logo and other business identifiers may not be used by the client without our prior written consent, and the client may not edit documents delivered by us without a prior written agreement with us, unless our letterhead, logo and other business identifiers are simultaneously removed from the document.
Engagements are always performed by the firm and may therefore in practice be handled by multiple individuals, including with partners performing certain parts of the work and assigning other work to attorneys and associates/trainees. The same applies across the firm’s departments, where matters are handled in the manner we deem most appropriate and efficient. The responsible attorney for the engagement may thus have the matter performed in whole or in part by another colleague in the firm.
All employees at GALST Advokataktieselskab are subject to a duty of confidentiality. All information we receive about a client in connection with a case is treated confidentially, unless it is apparent from the circumstances that the information is not of a confidential nature.
Upon receiving an engagement, we ensure, in accordance with the Danish Bar and Law Society’s rules and our internal procedures, that no disqualification or conflict of interest exists. Should any disqualification or conflict of interest arise during the course of a matter which requires us to withdraw, we will, if desired, refer the client to another lawyer.
Our legal fees are determined on the basis of the Danish Administration of Justice Act and the Danish Rules of Professional Conduct. Our fees are calculated with due regard to the complexity of the matter, its importance to the client, the value at stake, the outcome of the matter, the responsibility associated with the performance of the engagement, and the time spent and specialist knowledge applied, as well as the time spent on statutory tasks associated with matter opening, including e.g. anti‑money‑laundering clearance, customer due diligence (KYC), DAC6 and GDPR.
Clients are invoiced separately for disbursements and other relevant expenses related to the services provided, including for example travel and accommodation. Such expenses are payable in addition to legal fees.
As a general rule, we invoice time spent monthly in arrears, as time is a material parameter when setting fees, see section 5.1 above. The currently applicable hourly rates are set out in the attached schedule of rates.
Unless otherwise agreed in writing, the following hourly rates are used to determine fees:
- Partners Hans Christian Galst, Christian Steen Laursen, Kristian Dreyer og Majken Korsgaard DKK 3.950 before VAT or DKK 4,937.50 incuding VAT.
- Associate partners Regitze Elmsted and Natascha Illovaisky Dambæk DKK 3.650 before VAT or DKK 4,562.50 including VAT.
- Senior lawyers Henrik Drewes Rasmussen, Lotte Lundin, Anders Hebbelstrup Jensen and Peter Jakobsen DKK 3.450 before VAT or DKK 4,312.50 including VAT.
- Lawyer Daniel Juel Larsen DKK 3.200 before VAT or DKK 4.000 including VAT.
- Lawyer Freshta Victoria Fana DKK 2.800 before VAT or DKK 3.500 including VAT.
- Third year legal assistant Mads Krüger DKK 2.200 before VAT or DKK 2.750 including VAT.
Hourly rates may be adjusted during the course of a matter prospectively and without notice and apply from the time of adjustment until the next adjustment; any adjustment will appear from subsequent invoices. Hourly rates are adjusted annually on 1 January based on the development in the Danish Net Price Index from November to November of the preceding year. The applicable hourly rates are always available in the schedule of rates under “Terms of Business” on our website galst.dk.
Matters may be handled by multiple team members, and fees will therefore often be based on different hourly rates.
We reserve the right to request payment of an advance fee prior to commencing work on a case.
The client must inform us in writing whether the client has legal expenses insurance before we commence work for the client.
Our payment terms are net cash, and our fee therefore falls due for payment upon issuance of the invoice or subject to 14-day payment terms, which will be set out specifically in the invoice under Terms of Payment.
In the event of late payment, interest will be charged in accordance with the general regulations set out in the Danish Interest Act. VAT is added to the fee according to current rules.
We reserve the right to require a deposit or prepayment of our fees in whole or in part.
All so‑called “client funds” are administered in accordance with the Danish Bar and Law Society’s rules and deposited into a “client account”. Accrued positive interest on the client account accrues to GALST Advokataktieselskab. Accrued (negative) interest on the client account is charged to the client.
Client funds are protected under the Danish Act on a Depositor and Investor Guarantee Scheme. As of 1 June 2015, protection is limited to €100,000 per client per financial institution. GALST Advokataktieselskab is not liable for any loss of client funds resulting from the insolvency of the financial institution or from the coverage limitations of the Guarantee Fund.
We maintain rules prohibiting the disclosure of inside information regarding listed companies and restrictions on trading in listed securities for all firm employees. The rules also apply to family members and cohabitees.
We are subject to the Danish Anti‑Money Laundering Act and are therefore under an obligation to report to the authorities.
To comply with the Act, we are required to obtain and retain identity information from both new and existing clients who have not previously provided such information.
Either party may at any time terminate the agreement or cooperation. Termination on our part may, for example, be justified by a material delay in payment of an invoice, if withdrawal is deemed to be in the client’s best interest, upon the client’s insolvency, or for other compelling reasons, including unsatisfactory cooperation. We will seek to withdraw without unreasonable difficulty and to allow the client an opportunity to seek advice and representation from another lawyer. Withdrawal does not entail that any fee claim is waived.
We always do our best to ensure that our clients are satisfied. If there are aspects of our case management with which a client is not satisfied, the client can contact the partner responsible to discuss the issue and find an amicable solution.
The client also has the option to file a formal complaint with the Danish Bar and Law Society. In such a case, a complaint must be filed with the Danish Bar and Law Society no later than one year after the client becomes aware of the matter about which the client wishes to complain. However, we recommend that the client discuss the matter with us before filing a complaint and that any complaint be filed as soon as possible and preferably within three months.
A complaint may also be submitted to the Disciplinary Board regarding our fees. The time limit for complaining about a lawyer’s fees is one year, calculated from the date of final settlement of the fee.
Contact details of the Disciplinary Board: Advokatnævnets Sekretariat, Kronprinsessegade 28, 1306 Copenhagen K. Website: and e‑mail:: http://www.advokatsamfundet.dk/Advokatnaevnet.aspx and e-mail: klagesagsafdelingen@advokatsamfundet.dk.
- Insurance, Liability, Limitation of Liability and Limitation period
We maintain professional liability insurance with Codan Forsikring A/S, Gammel Kongevej 60, DK‑1790 Copenhagen V (CVR: 41 96 39 48). The maximum insurance coverage for professional liability is DKK 10 million per lawyer per year and DKK 85 million per year in aggregate for our entire firm. Our liability is limited to said amounts. The client is hereby specifically made aware of this limitation of liability. We may increase our coverage in a specific matter if the client, against payment of the additional premium, specifically wishes us to assume higher coveragening.
GALST Advokataktieselskab, our partners and employees are not liable for indirect losses or operating losses, including loss of data, loss of profit, goodwill, image or similar conditions.
Any claims may only be brought against GALST Advokataktieselskab and not against any individual employee. We are not liable for any errors made by other advisers to whom we have referred the client, nor for errors made by subcontractors to whom, with the client’s agreement, we have entrusted parts of the engagement.
If the client is a business, claims for damages against GALST Advokataktieselskab become time‑barred 12 months after the client becomes aware or ought to have become aware of the circumstances giving rise to a claim. In any event, limitation occurs no later than 3 years after the advice on which the claim is based was provided.
We use various technologies to help deliver our services to clients. These may include digital on‑site and cloud‑based systems for storing, handling and transmitting client materials and data. They may also include digital legal research services such as “Retsinformation” or the Danish judgments database, as well as generative or artificial intelligence platforms (approved by the firm) to conduct research, develop work product or otherwise assist in delivering services.
We implement necessary and reasonable measures to protect against improper disclosure of confidential client information when these technologies are used, and we will not knowingly include identifiable confidential client information in any interaction with an open AI system. We provide training on the correct and effective use of these technologies, engage knowledgeable technology contractors and apply protective adjacent technologies such as firewalls, encryption and malware screening.
Recognising that there are risks associated with any electronic method of storing, transmitting and handling client materials and data, the client, by using our services, is deemed to have consented to our use of these technologies, as we continually assess and take such precautions comparable to those taken by law firms in similar situations and in accordance with advisory opinions published by the Danish Bar and Law Society and Danske Advokater.
Our advice and these Terms of Business are governed by Danish law, excluding choice‑of‑law rules that would point to the application of foreign law. Any disputes between GALST Advokataktieselskab and the client may be brought solely before the Danish courts.
The following Terms and Conditions apply when you order new registration of private and public limited companies via www.galstselskaber.dk.
The Website is operated and its services are provided by GALST Selskaber, CVR A/S 32 28 55 70, whose registered office is located at the following address:
GALST Selskaber
c/o Galst Advokataktieselskab
Gammel Strand 44
DK-1202 Copenhagen K.
GALST Selskaber is owned by Galst Advokataktieselskab.
We are a member of the Danish Bar and Law Society and the Association of Danish Law Firms.
Unless otherwise specifically agreed, the following Terms and Conditions apply:
When you place an order for a company via our order module, you provide a wide range of information some of which constitutes personal data, including for both legal entities and private individuals.
If you are a lawyer, accountant or other advisor and you order a company or other service from us on behalf of your own clients, you are independently responsible for ensuring that these persons/legal entities have given all necessary consent, including consent to join the company's management, ownership or founders. As proxy/representative, you guarantee that all necessary consent has been obtained.
If you are a private individual or company, we will send you an incorporation document with the relevant Articles of Association and a power of attorney that must be signed by all persons/entities before registration can take place. If any of the shareholders is prevented from signing, that shareholder must authorise another shareholder to sign.
In common with all other Danish law firms, we are subject to the Danish Money Laundering Act. Section 1(1)(13) and (14) of the Danish Money Laundering Act contains a provision stating that the incorporation of companies and related work/provision of advice is covered by the obligation to collect and store statutory identity information. Consequently, we must receive photo identification in the form of a passport copy or driving licence. If the founder is a foreign person, we require official proof of that person’s registered address abroad. For foreign companies, we must receive a company registration certificate from the relevant country's registration authority, which must also state who owns the company. Identity information must be available for all persons included in the company registration. We store the identity information.
If the contribution for a cash incorporation is not transferred to our client account, the capital must be documented by an account statement in the company’s name confirmed by your financial institution. Our fee must have been credited to our client account or documented as transferred before drafts are sent.
Immediately after your entry, you will receive confirmation of your order at the email address you provided at the end of the order module. Once the capital has been received or paid in and all the abovementioned documents have been submitted, the incorporation document with the relevant Articles of Association will be sent and the right of cancellation will cease. The company's documents are delivered electronically only, in the form of files in PDF format (Adobe Reader®). You will always be able to receive these in an editable format if desired.
Any business relationship, any advice, any contract, and any purchase from/with us is subject to Danish law, and Danish courts have exclusive jurisdiction to settle disputes. However, Danish conflict of law rules that call for the application of laws other than Danish law (foreign law) do not apply.
Proceedings must be brought before the Copenhagen City Court with the usual right of appeal to the High Court of Eastern Denmark. In the event of proceedings, you as well as the company are obliged to appear before the Copenhagen City Court and/or the High Court of Eastern Denmark upon due notice.
Company documents provided in connection with registration are the following:
Memorandum of association
Articles of Association
Register of shareholders
Registration certificate (summarised) Invoice
Other documents may be purchased by separate agreement and for a separate fee.
Delivery is always made to the e‑mail address provided by the orderer in the ordering module. We accept no liability if the e‑mail address has been entered incorrectly or does not function for technical reasons, including if SPAM filters or similar prevent the intended and customary delivery.
The usual delivery time is up to a few hours after we have received the instrument of incorporation and articles of association duly signed (preferably by e‑mail or as a scanned copy in PDF format), together with the other documentation mentioned above.
For incorporation of companies, the following price sheet applies for the year 2022 in Danish kroner and at the VAT rate applicable at any given time, subject to reservations. The current VAT rate is listed below:
- Conversion of ApS to A/S DKK 5,000
- Conversion of A/S to ApS DKK 5,000
- Incorporation of a private limited company (ApS) DKK 3,000
- Incorporation of a joint-stock company (A/S) DKK 4,000
- Incorporation of an operating ApS and holding company DKK 4,500
- Incorporation of an operating A/S and holding company DKK 5,500
- VAT A-tax (withholding tax)/AM (labour market contributions) DKK 500 + 25% VAT
The invoice is usually issued to the newly incorporated company unless otherwise agreed. Fees may be deducted from the capital contribution before payment from our client account. Payment of the capital contribution must be made to the newly incorporated company’s own bank account.
You are entitled to withdraw your order, even though every order is considered a business transaction. The right of withdrawal ceases as stated under item 1.6 when we have received the order and the share capital has been paid in or documented as paid into the company’s account, and we have been informed thereof. The right of withdrawal is free of charge to exercise. Withdrawal of an order for a company must be made by written notice to . You will receive a refund of any amounts paid (fee portion and any paid‑in share capital) as soon as possible and at the latest within one week. In the event of withdrawal, amounts paid do not accrue interest.
We will cancel your order if, after repeated inquiries, we do not receive the documentation or payment mentioned above. One month after receipt and absent response to our follow‑ups, the case will be closed without further notice.
Longer delivery times may occur if the Danish Business Authority's online system is unstable or out of operation, including in the event of delays caused by third parties (suppliers of our IT systems and similar). However, we will always keep you closely informed during this process. We disclaim any liability for the consequences of any delay, including with regard to any other legal operations on your part that may be related to GALST company registration. It is agreed that we are not liable for any operating loss, loss of profit, consequential loss or other indirect loss of any kind.
The incorporation and the corporate documents are based on your own input, the correctness of which you are responsible for. Upon receipt of the corporate documents, you are always required to review them to identify any errors on our part, including to correct your own errors. Any complaints regarding our potential errors must reach us no later than 10 days from receipt. After expiry of the complaint period, claims for defects can no longer be raised. If you discover errors in the registration compared to the order you placed, you must immediately notify and state the nature of the error, the file reference and the company’s CVR number.
The following terms apply to your information insofar as such information constitutes personal data within the meaning of the Danish Data Protection Act and the UK GDPR/EEA GDPR as applicable. Personal data within the meaning of the Act includes, inter alia, information about natural persons’ names, addresses, etc., including corresponding information about sole proprietorships as well as, for example, names and positions of employees in companies or public authorities. The information you provide to us in connection with your purchase (name, address, telephone number, e‑mail address, etc.), as well as any other information you may provide to us, is treated confidentially in accordance with the Danish Act on the Operation of Law Firms (duty of confidentiality) and is used to process your order and in connection with other contact with you. Personal data is transmitted between us in unencrypted form. Personal data is stored by us in a database on a secure server without public Internet access. We retain your personal data only to the extent permitted by law.
Under the Danish Data Protection Act, you have the right to access and rectification of personal data concerning you. You may also object to further processing of your personal data.
Our website collects information about your identity and behaviour, including through the use of “cookies”. The information is used to describe how our website is used, including for statistical purposes. All information collected is treated confidentially and is not transferred to countries outside the EU/EEA. The information is processed by an external data processor who hosts our website. You can obtain further information about any personal registrations by contacting us.
Otherwise, GALST Advokataktieselskab’s general Terms of Business apply. They are described in sections 1–13. They are always available electronically at galst.dk, to which reference is made.
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