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Dubai, UAE

Precautions to be taken before purchasing an existing company

For the process of buying an existing company in Dubai, how can anyone safeguard themselves best from future legal issues?

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Colin Biggers & Paisley Lawyers (Middle East)
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14 Dec 2020, 13:54

Dear Questioner,

The corporate documents of the company must be reviewed, financial and legal due diligence of the company must be performed to find out the details of the existing liabilities of the company and the status of the cases, if any, filed against the Company.

You can contact us on the phone or write to us on our email for assistance in this regard.

Thanks

Avrio Legal Group
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18 Dec 2020, 14:29

Hi,

A variety of due diligence measures will need to be implemented in order to determine the existing company’s financial, legal and corporate commitments.

For further information, please contact us at our email.

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Al Safar & Partners Advocates & Legal Consultants
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30 Dec 2020, 11:55

Dear Client,

Good day!

I would strongly suggest that you do a complete due diligence of the existing company that you are going to purchase.

Also, appoint an auditor to do a complete audit of the records. After that only you can complete the procedure by a proper sale and purchase agreement.

For further assistance, please feel free to contact us on our phone or send an email.

Thank you.

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