LEGAL AUDIT OR DUE DILIGENCE OF BUSINESS IN PORTUGAL

LEGAL AUDIT OR DUE DILIGENCE OF BUSINESS IN PORTUGAL

Legal analysis and due diligence of a firm in Portugal include the following:

• Research of the authorized capital, its structure, and corporate documents ;
• Analysis of personnel and relevant documentation in the personnel field;
• Verification of compliance with the legislation and policies of the country, including GDPR;
• Analysis of business contracts and counterparties;
• Verification of the legal status of property, funds, and other assets of the enterprise, as well as the presence of intellectual property and its protection;
• Checking the presence or absence of legal disputes;
• Compliance with environmental standards.

Due diligence – legal business audit

Law firm Prykhodko and partners provide comprehensive legal business audit services – due diligence _ Before buying a company, you must understand its condition, including legal, tax, accounting, financial and other risks.

Carrying out Due diligence is carried out in the interests of the business owner ( Vendor Due Diligence ), and a potential investor ( Buyer Due Diligence ).

Based on the results of the business audit, you will receive a Conclusion, which will give you the following:

• Your desire to buy a business may change drastically;
• You can get arguments for reducing the cost of the business you are buying;
• You can apply legal mechanisms in time to prevent various kinds of problems with the tax authorities, counterparties, employees, investors, etc. in the future.

Order Due Business (firm) due diligence – frequent cases:

• Purchase and sale of corporate rights to the company;
• Analysis of public offerings of securities on the stock exchange (IPO);
• mergers and acquisitions (M&A);
• Investment attractiveness of the company;
• A joint venture of two or more founders;
• Financing or lending to a business or its assets;
• Provision of repayable financial assistance, including interest.

How much does it cost to verify a company (business) in Portugal?

To get an answer to this question, it is necessary to understand that the cost of due diligence in Portugal, as elsewhere, depends on the volume of work that needs to be performed by lawyers and auditors, on the number of issues that are investigated, on the volume of materials provided for verification, from the difficulty in accessing the information that needs to be checked.

Depending on this, there are at least two types of business verification:

• Full Due report diligence ( full scope ) – the most detailed and complete analysis of all provided documents, open sources of information, as well as sources of information with limited access.
• Sample report Due diligence ( ed flag report ) — only those questions posed for research are checked.