Terms of Service
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Key Terms Summary
- Payment terms: Invoices are typically due within 30 days of the invoice date unless otherwise agreed in writing. Late payment charges of 1.5% per month may apply to overdue amounts, and services may be suspended for accounts more than 60 days overdue.
- Liability cap: WinCore's maximum liability is limited to fees paid in the preceding 12 months for the specific service in question.
- Termination: Clients may terminate with 30 days' written notice; fees for completed work remain payable. WinCore may terminate with 30 days' written notice, or immediately for material breach, persistent non-payment, unlawful conduct, or where a professional or regulatory obligation requires withdrawal.
Full details in sections 5, 9, and 12 below.
1. Acceptance of Terms
By accessing and using services provided by WinCore Pvt Ltd ("WinCore"), you accept and agree to be bound by these Terms of Service. If you do not agree to these terms, please do not use our services.
2. Services Description
WinCore provides professional accounting, tax preparation, business registration, payroll management, auditing, HR services, and virtual assistant services to businesses and individuals in Sri Lanka.
2.1 Professional Services Include:
- Bookkeeping and accounting services
- Income tax preparation and filing
- Company registration and secretarial services
- Payroll processing and management
- Audit and assurance services
- HR consulting and management
- Virtual assistant services
- Website development and digital support services
3. Client Responsibilities
3.1 Information Accuracy
Clients must provide accurate, complete, and timely information required for service delivery. WinCore is not responsible for errors resulting from incomplete or inaccurate client information.
3.2 Document Provision
Clients must provide all necessary documents, records, and authorizations required for service completion within agreed timeframes.
3.3 Compliance
Clients remain ultimately responsible for compliance with all applicable laws and regulations, even when using our services.
4. Service Delivery and Timelines
4.1 Service Timelines
Service delivery timelines are estimates based on normal processing conditions. Delays may occur due to:
- Incomplete or late client information
- Government processing delays
- Third-party dependencies
- Force majeure events
4.2 Service Modifications
WinCore reserves the right to modify service offerings, pricing, and terms with 30 days' notice to existing clients.
5. Payment Terms
Unless otherwise agreed in a signed proposal, statement of work, or engagement letter, the payment terms in this section apply to all services provided by WinCore Pvt Ltd.
5.1 Fees and Charges
Service fees are as quoted in service agreements. Payment terms are typically 30 days from invoice date unless otherwise agreed in writing.
5.2 Currency
Unless expressly stated otherwise in writing, all service fees, retainers, taxes, and reimbursable expenses are quoted and payable in Sri Lankan Rupees (LKR).
5.3 Late Payments
Late payment charges of 1.5% per month may apply to overdue amounts. Services may be suspended for accounts over 60 days overdue.
6. Confidentiality and Data Protection
6.1 Client Confidentiality
WinCore maintains strict confidentiality of all client information in accordance with professional accounting standards and Sri Lankan privacy laws.
6.2 Data Security
We implement appropriate technical and organizational measures to protect client data. However, no system is 100% secure, and clients acknowledge this inherent risk.
7. Intellectual Property and Deliverables
7.1 Work Product Rights
Subject to full payment of all applicable fees, the client receives the rights expressly granted in the relevant proposal or statement of work for deliverables created specifically for that engagement.
7.2 Pre-Existing Materials
WinCore retains ownership of its pre-existing materials, templates, methodologies, software, automation assets, know-how, and other proprietary tools used to perform the services. No ownership transfer is implied unless expressly agreed in writing.
8. Disclaimer of Warranties
Services are provided using reasonable professional skill and care, but except as expressly stated in a signed engagement letter, they are provided without warranties of uninterrupted availability, regulator approval, or any specific commercial, tax, or legal outcome.
9. Limitation of Liability
9.1 Professional Standards
Our services are provided in accordance with generally accepted accounting principles and professional standards in Sri Lanka.
9.2 Liability Limits
WinCore's total liability for any claim shall not exceed the fees paid in the preceding 12 months for the specific service giving rise to the claim.
9.3 Excluded Damages
WinCore shall not be liable for indirect, consequential, or punitive damages, including but not limited to loss of profits, business interruption, or loss of data.
10. Professional Standards and Ethics
WinCore adheres to the ethical standards set by the Institute of Chartered Accountants of Sri Lanka (ICASL) and relevant professional bodies.
11. Force Majeure
Neither party is liable for delay or failure to perform obligations caused by events beyond reasonable control, including natural disasters, telecommunications failures, cyber incidents, labor disruptions, government action, or delays in third-party and public-sector systems.
12. Termination
12.1 Termination by Client
Clients may terminate services with 30 days' written notice. Fees for completed work remain payable.
12.2 Termination by WinCore
WinCore may terminate services with 30 days' written notice, or immediately where there is material breach, persistent non-payment, unlawful conduct, or a professional or regulatory obligation requiring withdrawal.
13. Governing Law
These terms are governed by the laws of Sri Lanka. Any disputes shall be resolved through arbitration in Colombo, Sri Lanka.
14. Amendments to These Terms
WinCore may update these Terms of Service from time to time. For active client engagements, material updates will be communicated using the client's registered contact details or through the applicable client portal at least 30 days before they take effect, unless an earlier change is required by law.
15. Contact Information
For questions about these Terms of Service, please contact us at:
WinCore Pvt Ltd
Email: info@wincore.lk
Phone: +94 77 747 0904
Address: 411/5, Havelock Road, Colombo 06, Sri Lanka. 00500
- Privacy Policy — How WinCore collects and processes your data
- Security & Data Protection — ISO 27001-informed controls and PDPA compliance
- Contact Us — Speak to a WinCore team member about your agreement
- Explore our services — Accounting, payroll, tax, and BPO solutions
