T E R M S    A N D    C O N D I T I O N S    OF   A G R E E M E N T   WITH    C O N T U S    E K O N O M I A B

1. PARTIES

"CONTUS EKONOMI" is a company with the name CONTUS EKONOMI AB and Swedish organization number (organisasjonsnummer) 556893-7626. The registered adress of CONTUS EKONOMI is: Krossgatan 25, 162 50 Vällingby. CONTUS EKONOMI is a foreign (EU) company registered in Swedish business register. "The Client" is a physical or a legal person, which adheres to this agreement with CONTUS EKONOMI.

2. ADHERING TO THIS AGREEMENT

The agreement about delivery of services considers to be concluded when the Client sends an order, with the help of fax, mail, e-mail or web page (www.contus-accounting.se). Sending an order indicates Client's acceptance of this agreement, and Client agree to be bound by these terms and conditions. CONTUS EKONOMI will inform the Client by e-mail, post or telephone if further information is necessary. E-mail will be the primary communication channel between CONTUS EKONOMI and the Client and important information will be sent from CONTUS EKONOMI to the Client by e-mail. The Client also gives its approval to receive special offers from CONTUS EKONOMI.

3. DESCRIPTION OF THE SERVICES

The services to be delivered by CONTUS EKONOMI are: Preparation and submission of forms required to register a foreign company as a taxpayer in Sweden, either electronically to the Swedish Tax Agency (Skatteverket) or on paper for the Client’s signature.
Included to the services are:

a) Preparation of standardized tax registration documents;
b) Up to 30 minutes of consultation regarding VAT, employer, and permanent establishment registration.

Alternatively, preparation of forms required to register a foreign company’s branch in Swedish Companies Registration Office (Bolagsverket) and submission of those forms on paper for the Client’s signature, as well as submission to the Swedish Tax Agency (Skatteverket) for taxpayer registration.
Included to the services are:

a) Preparation of standardized branch registration documents;
b) Preparation of standardized tax registration documents;
c) Up to 30 minutes of consultation regarding VAT, employer, and permanent establishment registration.

4. THE LIABILITY OF THE CLIENT

The Client has to:

a) Return all the required documents to CONTUS EKONOMI within agreed time.
b) Pay the required fees before the maturity.
c) Act in agreement with the Swedish authorities and Swedish law.

CONTUS EKONOMI has right to terminate delivery of the services immediately if:

a) The Client within agreed time despite reminder does not provides the required information, which CONTUS EKONOMI asks it in order to delivery a service.
b) The Client according to CONTUS EKONOMI judgement is involved into activity, which is conflicting with Swedish legislation, or
c) The Client has not paid required fees within agreed time.

When delivery of the service is terminated CONTUS EKONOMI has to inform the Client about termination of services.

5. FEES

The Client has to pay the fees according to the last valid Fee Schedule applied by CONTUS EKONOMI.

6. PAYMENT TERMS

The services are paid fully upon the order if payment against invoice is not agreed. If payment against invoice is agreed the received invoice has to be paid in 10 days net of charges. If the payment is delayed CONTUS EKONOMI has right to ask the penalty interest, according to Swedish Law when the payment is delayed. In addition CONTUS EKONOMI has right to ask to cover expenses related to pre-court debt collection made according to Swedish the Debt Collection Act and provisions in other laws.

7. EVALUATION OF CREDITWORTHNESS

CONTUS EKONOMI has right to undertake evaluation of Client's credit worthness, that is collect information about the Client from public sources or special firms providing service of evaluation of creditworthness. Based on this information CONTUS EKONOMI has right to cancel an order.

8. CONFIDENTIALITY

CONTUS EKONOMI, its employees and subcontractors are obliged to keep confidentiality about the Client's use of the services. The courts of Law, prosecution and police auhtorities as well as other public authorities may get this information if they have right to do so according to the Swedish legislation.

9. DAMAGES

CONTUS EKONOMI is responsible for direct damages that are caused by negligence from CONTUS EKONOMI side. As direct damages are understood necessary and documented expenses, which the Client had to pay as a result of this negligence. The responsibility for the damages of CONTUS EKONOMI is limited to the ammount paid for the service, independently whether it is single damage or series of damages caused by the same reason.

10. COMMERCIAL USE OF THIS SERVICE

The Client has no right to re-sell this service to third party without a written consent from CONTUS EKONOMI.

11. CHOICE OF THE LEGISLATION

This agreement is concluded according to the Swedish law. This English translation of this agreement is not a separate agreement, but it has the purpose only to illustrate content of agreement concluded in Swedish. Every dispute regarding this agreement shall be solved in Swedish courts of law.