IJJAS LAW FIRM
DUE DILIGENCE OF A HUNGARIAN COMPANY
FULL SERVICE LAW FIRM - 15 YEARS OF EXPERIENCE FROM LONDON AND BUDAPEST
ENTIRELY ONLINE PROCESS - IF NECESSARY
FREE INITIAL CONSULTATION WITH OUR EXPERT ATTORNEY-AT-LAW
BASIC DUE DILIGENCE OF A HUNGARIAN COMPANY
If you wish to engage in commercial relationship with a Hungarian company or you would need to obtain financial and legal information of a Hungarian company for any other reason, it is worth to consider a basic company due diligence procedure. This analysis will help you to get to know the other party before you would start a business relationship with it and in this way you can avoid unnecessary business risk.
Ijjas Law Firm provides different type of due diligence services. The basic due diligence service can be performed without getting in contact with the target company, which means, that in this case we obtain financial, legal and business information from the public databases and from the Hungarian court’s public records. By obtaining a basic due diligence report you can achieve various goals, such as getting to know the revenue and profitability of a company, receiving information in terms of its owners, executives, its business activity or in relation to possible execution or other similar procedures initiated against the company which can have a negative impact on its operation. The DD report can provide an insight into the operation of a business entity and can help you to avoid negative effects and risks before or after getting in business relation with it.
BUYING AND SELLING A BUSINESS IN HUNGARY – STANDARD DUE DILIGENCE PROCEDURE
The purchase and sale of a company can be a highly lucrative transaction for all parties involved. Nevertheless in order to maximize the benefits of a sale and reduce the risk of unnecessary losses or liability, you need to take several steps to properly consider and address every aspect of the transaction. There is a lot at stake when ownership of a company changes hands. Any error or omission during this process can cause serious problems later on and can cause substantial financial losses. If you wish to purchase or sell a company, you need the assistance of a highly experienced business attorney from the beginning. At Ijjas Law Firm, we help business owners and prospective purchasers successfully complete transactions. If you are considering the purchase or sale of a closely held business, please contact our office to learn about our legal services today.
As an initial step, we offer free phone consultation about the process. Book your free initial phone consultation with our Attorney-at-Law on 0036203427517 or send us your query via email:
Our office is located in the award winner premium category Roosevelt office building in the heart of the City next to the Four Seasons Hotel Gresham Palace Budapest within a couple of meters from the river Danube and the Chain Bridge, the Hungarian Academy of Sciences and St. Stephen’s Basilica.
Phone: +36 20 3427517
Ijjas Law Firm
Roosevelt Office Building, C Tower, 1st floor
7-8 Széchenyi István square, Budapest, 1051