Head of practice
Head of Corporate Law and Fintech Practice. Expert in the creation and reorganization of companies, support of M&A transactions, as well as legal support for opening and running a business in the EU, Asia, and North America.
LEGAL AUDIT OR DUE DILIGENCE OF BUSINESS IN UKRAINE
What is meant by legal audit or due diligence in Ukraine?
Legal audit (due diligence) in Ukraine is a multifaceted legal audit of a counterparty’s business or real estate object, which allows you to assess its legal status and make a well-founded decision. The main goals of such a complex procedure are to verify the legality of activities (compliance with current national legislation), identify potential legal risks, assess the legal status of property rights, assets and business reputation of the counterparty.
Legal audit consists of several mandatory stages, including:
- first, obtaining the necessary documentation, including the company’s constituent documents or contracts;
- second, thorough analysis of the documentation, identification of potential threats and inconsistencies;
- third, verification of the reliability of the information received by requesting information from state bodies, counterparties, searching state registers, etc.
- fourth, preparation of a detailed report on the results of the procedure, which also contains a description of recommendations for further cooperation and minimizing legal threats.
What is subject to analysis during a legal audit or due diligence?
During a legal audit, various aspects of a company’s activities and real estate are analyzed, including:
- corporate documentation. The charter, the protocol of establishment, the presence of necessary additions, certificates, and extracts from unified state registers are checked;
- corporate structure. The ownership structure is analyzed, the presence of affiliated persons related to management and further cooperation is analyzed;
- ownership rights to assets. The object itself, documents on it are subject to inspection for the presence of encumbrances, litigation, etc.;
- contractual activities. The company’s main contracts (labor, corporate, agreements with counterparties, in particular) are analyzed, their evaluation is performed;
- the presence of debts, enforcement proceedings, and unfulfilled tax obligations.
Legal due diligence may also cover other aspects, if appropriate for the client who requires it. For more detailed information, we recommend contacting a lawyer at “Prikhodko & Partners”, who specializes in legal audit and business support in Ukraine, for professional advice.
What documents are required to conduct a legal audit or due diligence in Ukraine?
To conduct a legal audit, it is necessary to collect a wide range of documents that reflect various aspects of the activity. Below is an approximate list that may vary depending on the specifics of the required audit:
- constituent documentation – the company’s charter (all versions), the constituent agreement (if any), an extract from the Unified State Register, a list of participants (founders), documents confirming the ownership of participants, minutes, or decisions of the general meeting of participants (founders);
- Title documents for real estate and other assets – certificates, purchase and sale agreements, documents confirming the absence of encumbrances (mortgages, arrests), state acts, cadastral plans, certificates of registration of intellectual property rights (patents, trademarks, etc.);
- contractual documentation – agreements with key counterparties, standard employment contracts, collective agreement (if any);
- documents on tax issues – documents confirming the payment of taxes, tax audit reports, decisions of tax authorities;
- permit documentation – licenses for carrying out certain types of activities and permits.
Legal audit or due diligence from “Prikhodko & Partners”: cost of services
Legal due diligence of a counterparty from “Prikhodko & Partners” is a comprehensive service that allows clients to obtain a complete and objective picture of the legal status of an object, company. The high qualification of our specialists and professional experience enable them to provide various legal due diligence services, which also allows us to adhere to the principle of objectivity and due confidentiality. The cost of a legal audit is determined individually, depending on the scope of services, the object of the audit, the number of documents that will be subject to verification. To obtain detailed information about the price, you must contact the law firm directly and sign up for an introductory consultation with our lawyer.
Thus, a legal audit is an important tool before concluding a transaction. It makes it possible to identify potential risks, ensure compliance with current legislation and minimize possible financial and legal threats for investors and business partners. The process of such legal due diligence includes a thorough analysis of documents, verification of ownership, reputation of the founders, when appropriate, and litigation.
Turning to professional lawyers of “Prikhodko & Partners” to conduct a legal audit of a counterparty is a necessary step for successful and safe business in Ukraine. To find out the cost of legal support, fill out the form below.
Calculate the cost of services
1 question
Were other lawyers involved in your case?
2 question
Are you located in Kyiv or Kyiv region?
3 question
Do you need legal assistance urgently?
Warning: Attempt to read property "term_id" on bool in /home/sy558533/prikhodko.com.ua/www/wp-content/themes/prikhodko/template-parts/content-service_type.php on line 250
You may also need:
LEGAL AUDIT OR DUE DILIGENCE OF BUSINESS IN GERMANY
Read moreLEGAL AUDIT OR DUE DILIGENCE OF BUSINESS IN BULGARIA
Read moreLEGAL AUDIT OR DUE DILIGENCE OF BUSINESS IN CYPRUS
Read moreLEGAL AUDIT OR DUE DILIGENCE OF BUSINESS IN HUNGARY
Read moreLEGAL AUDIT OR DUE DILIGENCE OF BUSINESS IN AUSTRIA
Read moreLEGAL AUDIT OR DUE DILIGENCE OF BUSINESS IN DENMARK
Read morecall back
during the day
Compensation for moral, material damage
Protection of honour, dignity, and business reputationContract Development for Business and Legal Entities
Licensing of business activities
Compensation for moral, material damage
Legal services in the field of cryptocurrency and blockchain
REGISTRATION OF COMPANIES AND OPENING OF BANK ACCOUNTS
Sale and purchase of ready-made firms
Grants and attracting investment
Business registration and support in Great Britain
Business registration and support in Switzerland
Business registration and support in the EU
Business Registration and Support in the Gulf Countries (GCC)
Business registration and support in Turkey
Business registration and support in USA
Lawyer for administrative cases
Legal services for medical businesses and doctors
Protection of honour, dignity, and business reputation
Real estate transaction support
Escort of the tender participant
Trial lawyer: support and defense in court
European Court of Human Rights (ECHR)

