Document background
The Memorandum of Interest under Danish law serves as an essential preliminary document in business negotiations and potential partnerships. It is particularly useful when parties wish to formally document their interest in exploring a business relationship while maintaining flexibility in their commitments. This document type is commonly used in situations requiring careful consideration of Danish legal requirements and business practices, especially in cross-border transactions or significant business ventures. The MOI typically includes provisions for confidentiality, exclusivity (if applicable), and basic terms of potential collaboration, while clearly stating its non-binding nature except for specific provisions. It serves as a stepping stone towards more detailed agreements while providing a structured framework for initial discussions and due diligence processes.
