Document background
The Cover Letter of Intent is a crucial business document used to formally introduce and contextualize a more detailed Letter of Intent or business proposal in the Danish business environment. This document type is particularly relevant when initiating significant business relationships, transactions, or negotiations, where a professional and clear introduction is essential. While not heavily regulated under Danish law, the Cover Letter of Intent should align with Danish business practices and the principles of the Danish Contracts Act (Aftaleloven). It typically precedes more detailed negotiations and serves to establish initial professional contact while summarizing key intentions. The document is commonly used in various business scenarios, from potential mergers and acquisitions to partnership proposals and major business initiatives.
