Company Due Diligence in Hungary
Company Due Diligence in HungaryUpdated on Thursday 06th August 2015
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Due diligence on a Hungarian company
Business owners who want to engage in commercial relationships with other Hungarian companies can consider a company due diligence procedure. This analysis will allow them to know the company they are working with and avoid any unnecessary business risks.
The team of experts from our law firm in Hungary can collect information about a Hungarian company and prepare a comprehensive due diligence report. The data collected during this procedure can serve for much more than creating stable business relations, it can also be the basis of a successful merger and acquisition procedure in Hungary.
The benefits of performing a due diligence procedure in Hungary
The company due diligence procedure is performed in Hungary in order to collect information about a company, such as:
- - the financial status of a company;
- - its history;
- - its strategy;
- - information about relevant company members;
- - its policy;
- - any other information that might be relevant in the event of a merger and acquisition procedure.
The information collected by the specialists at our Hungarian law firm will give you complete insight into that company and will help prevent potential negative effects of tax and accounting risks. The due diligence process also involves a company audit.
All the information gathered during the due diligence phase will provide a complete image of the company’s legal situation so that the foreign investor in Hungary can avoid potential business risks.
The due diligence investigation in Hungary
The due diligence process in Hungary will involve certain activities like:
- - examining the accounting and tax records of the company;
- - insight into the corporate legal system of the respective business entity;
- - the internal and external relationships of the company;
- - financial audit.
Our law firm in Hungary can prepare a due diligence audit process for any type of company in Hungary. Our services are tailored to your needs and according to the information that is relevant to your specific business sector.
For more information about company due diligence in Hungary please contact our Hungarian law firm. Our local lawyers will be able to provide you with additional information.