Due diligence - Checking business partners in Ukraine, the former USSR and Europe

Checking a business partner helps a business owner make decisions about a transaction, investment or company purchase more quickly. Registration data, ownership structure, financial information and the history of key assets give a complete picture of the counterparty before documents are signed. A professionally prepared report saves time in negotiations and helps to agree the price, payment procedure and contract terms more accurately.

TAXC Limited provides a full range of information-support services for your business in Ukraine, the former USSR and European countries. As standard options, we offer independent business reports on Ukrainian companies and organisations. If necessary, a business report can be supplemented by an analytical conclusion from a TAXC security specialist on the risk level and reliability of the company.

If you are interested in acquiring real estate or land plots, we can carry out a full analysis of the history of the asset and completed transactions and assess the degree of investment risk. We can also search for and select assets that interest you based on the specified parameters and requirements.

Our data can also be used to find new partners, an investment asset or an investor, to distribute advertising and, most importantly, to verify that a particular company actually exists and assess the risk of working with it. Based on customer requests, we currently offer two forms of business reports on Ukrainian companies. If your request goes beyond our standard reports, contact TAXC: our capabilities are not limited to the standard services listed here and allow us to obtain almost any information you need within a short time. If necessary, a preliminary report can be ready within two hours after receiving the request.

Due Diligence results help confirm that company information is disclosed fully and truthfully in the documents, help protect against overstatement of assets and concealment of debts and losses, and help analyse past business profitability and the probability of future cash flows. For the company being reviewed, the due diligence process helps define more clearly the methods and ways of disclosing company information to investors.

Business report (DDR — Due Diligence Report)

A business report is the result of processing various specialised databases and searching, collecting and checking materials, presented in a structured form as a system of economic indicators. This form of business information makes the report convenient to use.

In practice, obtaining a business report on a company makes it possible to establish whether a company that says it wants to cooperate actually exists, find information about debt obligations and determine the level of financial risk in working with it.

Standard business report (DDR Standard)

We offer this form of report when it is impossible to obtain, or some of the data required for an extended business report is unavailable, or when a general view of the company is sufficient for initial review and there is no objective to assess the risk of possible cooperation.

The Standard Business Report contains information about the address, activities, legal form, registration history and details, management and capital structure, directly related entities, business bank accounts and participation in foreign economic activity. In practice, it is a shortened version of the complete business report.

Complete business report (DDR Complete)

This report gives the customer an opportunity not only to obtain all available information about the company. It also makes it possible to assess the financial position of the company independently or using the conclusion of TAXC analysts about the risk of working with the company. In addition to the information provided in the short business report, the complete report includes a full press review, detailed information on foreign economic activity, analysis of all related companies and persons, and analysis and verification of indirect indicators showing risk in working with the company.

Additional services (DDR Extra Services)

At an additional request, TAXC experts can verify whether the financial and accounting documents supplied by the company and other information provided to you for considering possible cooperation are accurate, and can assess the business plan provided. 

If necessary, we physically verify the information by visiting the location of the asset or production facility, speaking with partners and counterparties and checking the physical existence of company assets.

All information can be provided to you electronically on any convenient data medium, by PGP email, Skype or another method. TAXC Limited guarantees full confidentiality in relations with its clients, together with prompt and accurate information.