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Business Authorization Letter Template for Denmark

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Business Authorization Letter

Document background
The Business Authorization Letter is a crucial document in Danish corporate practice, used when a company needs to formally delegate authority to individuals or entities to act on its behalf. This document is particularly important in situations where representatives need to conduct business transactions, sign documents, or make decisions for the company within specified parameters. Under Danish law, particularly the Danish Companies Act (Selskabsloven) and the Power of Attorney Act (Aftalelov), such authorization must be clearly documented and properly executed. The letter typically includes detailed information about the scope of authority, duration, and any limitations, ensuring compliance with Danish corporate governance requirements and providing legal protection for all parties involved. It's commonly used for both domestic and international business operations where formal delegation of authority is required.
Suggested Sections

1. Letter Date and Location: Current date and place of issuance of the authorization letter

2. Authorizing Party Details: Full legal name, business registration number (CVR), and address of the company/entity granting authorization

3. Authorized Party Details: Full name, identification details, and position/relationship to the authorizing party

4. Scope of Authorization: Clear and specific description of the powers being granted and activities authorized

5. Duration of Authority: Specification of the time period for which the authorization is valid

6. Official Declaration: Formal statement of authorization and confirmation of the authorizing party's right to grant such authority

7. Signature Block: Space for authorized signatories, including names, titles, and company stamp if required

Optional Sections

1. Geographical Limitations: Used when the authorization is limited to specific regions or countries

2. Financial Limits: Include when setting specific monetary limits on the authorization

3. Revocation Clause: Optional clause specifying conditions under which the authorization can be revoked

4. Sub-delegation Rights: Used when the authorized party needs the right to delegate authority to others

5. Compliance Requirements: Include when specific regulatory or corporate compliance requirements need to be mentioned

Suggested Schedules

1. Copy of Business Registration: Extract from Danish Business Registry (CVR) proving the existence and authority of the authorizing company

2. Proof of Identity: Copies of identification documents for the authorized individual

3. Board Resolution: If required, copy of board resolution approving the authorization

4. Specimen Signature: Sample signature of the authorized person for verification purposes

Authors

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Relevant Industries
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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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