Financial / Tax Due Diligence

You are planning to acquire a company in Kazakhstan Besides an economical and legal due diligence, the financial and tax due diligence have special importance in Kazakhstan. Sellers normally do not accept to bear the tax risks resulting from the past. Therefore the legal certainty is too low and the tax authorities argue from time to time without a real legal basis.

We help you to clarify the financial and tax situation of the candidate for an acquisition by conducting a financial / tax due diligence.

Typical problems we deal with while conducting a due diligence:

• Regularity of accounting and reports.
• Questionable tax planning; sometimes also structured according to legal requirements, but not based on economical needs and thus disputable.
• Transactions, which might not be included in the official accounting.
• Deviations of the accounting from the economic reality, because of some missing, legally required documents. Sometimes one may discover transactions, which have been made years before and which are economically terminated, but still have not been included in the accounting.