LEGAL AUDIT OR DUE DILIGENCE OF BUSINESS IN ROMUNIA

Legal analysis and verification of a company in Romania includes the following:

• Research of share capital, its structure and corporate documents,
• Analysis of personnel and related documentation in the personnel field,
• Checking compliance with the laws and policies of the country, including the GDPR,
• Analysis of business contracts and counterparties,
• Checking 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 or status of courts or criminal or administrative disputes.
• Compliance with environmental regulations.

DUE DILIGENCE – LEGAL AUDIT OF BUSINESS

Law Firm “Prikhodko and Partners” provides services for a comprehensive legal audit of a business – due diligence. Before buying a company, be sure to understand its condition, including legal, tax, accounting, financial and other risks.

Due diligence is carried out both in the interests of the business owner (Vendor Due Diligence) and the potential investor (Buyer Due Diligence)

Based on the results of the business audit, you will receive a conclusion that will give you the following

• Your desire to acquire a business in general can change dramatically
• You can get arguments to reduce the cost of the acquired business.
• You can apply legal mechanisms in a timely manner to prevent in the future various kinds of problems with the tax, with contractors, with employees, with investors, etc.

Order dudelegence business (company) – 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 of businesses (M&A)
• investment attractiveness of the company
• joint venture of two or more founders
• financing or lending to a business or its assets
• provision of reimbursable financial assistance, including interest

What is the cost or how much does it cost to check a company (business) in Romania?

To get an answer to this question, you need to understand that the cost of due diligence in Romania, like anywhere else, depends on the amount of work that lawyers and auditors need to do, on the number of issues to be investigated, on the volume of materials provided for verification, on the difficulty in accessing information. , which needs to be checked.

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

Full report Due diligence (full scope) – the most detailed and complete analysis of all submitted documents, open sources of information, as well as sources of information with limited access.

Selective report Due diligence (red flag report) – only those questions that are posed for research are checked.