Whenever an investor invests in a company or business, it is very important to conduct due diligence for the following area:
Tax Due Diligence
We analyse and check the books and records to confirm if all the tax compliances have been complied with. This is very important to ensure that there is no future tax liability and penalties.
We check all outstanding matters with the MRA:
- VAT
- TDS
- APS or CPS
- Income Tax
- PAYE/CSG/NSF Returns
- Pending Litigations
- Potential Litigations
- Notices and assessments, if any
Legal Due Diligence
We check all the legal agreements, secretarial records, employees’ contracts, third party agreements, secretarial registers, etc. These checks confirm the shareholding, the roles and responsibilities of the directors, the terms with other shareholders, the status of annual returns and the transactions with the related parties.
Our services include checking the following:
- Employee agreements
- Agreements with third parties
- Secretarial records including minutes books, statutory registers, shareholding, terms of issue of shares, related party transactions, general meeting documents
- All legal agreements between directors, shareholders, banks and lending institutions
- Compliance with the Workers’ Rights Act
- Compliance with the Companies Act
- All registrations needed to run a business
Business Due Diligence
This allows the investor to actually get to know the business details like the sale, the breakup of sales, product wise revenue, product wise margins, cost of customer acquisition, monthly growth, offline and online sales, gross profit margin on each product, overheads, etc.
This is the main report which will decide whether company is investible or not.
We can assist the domestic as well as foreign investors with a detailed report for each section.
Are you looking to invest in a company in Mauritius? Contact us to conduct the necessary due diligence.