Buying a business? Think due diligence

Due diligence is imperative in any acquisition. The first step of buying any business must be a thorough examination of all critical aspects of the business subject to the transaction. Every aspect of the target’s operations should be subject to due diligence- financial, commercial, tax, human resource, IT, integrity, social, governance and so on. It has the best of the Dubai auditors &  its firm and is one of the top auditing firms of UAE. It is highly advisable to take some expert advice before getting into a deal to avoid future impediment and forfeiture. Before committing to any transaction, the buyer should ensure that it knows what it is buying and what obligations it is assuming. To avoid any future complication, the nature and extent of the target company’s contingent liabilities, problematic contracts, litigation risks, intellectual property issues among other things should be gone through in detail.

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