You are planning to acquire a company in Belarus? Besides an economical and legal due diligence, the financial and tax due diligence have special importance in Belarus. 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 even structured according to the legal requirements, but  not based on economic needs and thus disputable. 
• Transactions, which might not be included in the official accounting.
• Deviation of the accounting from 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.