Due Diligence Services
It is an inspection performed by someone in order to assure himself as to the authenticity of the matter and parties under consideration before going in for a legally binding contract or agreement or transaction. A little hard work at an earlier stage saves you from a crucial mishap in the near future. Since business transactions are expensive, companies should engage in due diligence services in order to reduce risks and make sure of positive results. Due Diligence Service in UAE helps you identify risks, prevent fraud and ensure economic viability. Financial Due diligence service is profitable to the buyers as well as the sellers. It will help the buyers pay more than the actual purchase price or in the seller's case, receiving less than a reasonable price. The businesses involved in mergers as buyers or sellers should make sure that all the financial and other information exchanged is verified and accurate. Our team can help you with providing regular reporting, facilitating decisions making, and assist you with post-transaction implementation procedures. We also help you with financial and accounting due diligence, strategic due diligence, IT/system due diligence, internal controls diligence, risk management, compliance diligence, etc. There are different types of Due Diligence that can be adopted; Commercial DD, Tax DD, Human Resource DD, Operational DD, Legal DD, Administrative DD, Asset DD, Intellectual Property DD, Customer DD. The time taken to conduct a complete Due Diligence depends on the scope of work and complexity of the business. It starts only when both the parties (buyers and sellers) sign a letter of intent (LOI) and ends when both the parties sign a definitive purchase agreement. Financial due diligence and legal due diligence are the two main types of due diligence that are given more importance by business entities. The financial due diligence process required to validate the financial statements and legal due diligence focuses on investigating any legal risks associated with the target entity’s rights and obligations.