When buying a business, knowing what you’re getting into is essential — not just the assets or potential, but the hidden liabilities, legal standing, and regulatory risks. That’s why we provide a detailed Legal Due Diligence Process for every transaction we facilitate.
Here’s what it includes:
1. License Checks
We verify the authenticity and status of the business license through the appropriate government departments. This includes:
Ensuring the business is properly registered and authorized for its activities
Checking for any fines, penalties, or missed renewals
Confirming that the business is operating within its approved legal framework
2. Liability Checks
Understanding the financial standing of a business is key to avoiding future surprises. Our liability check involves:
Reviewing outstanding loans, defaults, and bounced checks
Investigating overdue payments with banks or financial institutions
Highlighting any hidden financial risks the buyer should be aware of
3. Labor and Employee Verification
We assess the company’s labor compliance and workforce status through official government channels. This includes:
Number of active employees and issued work visas
Checking for labor fines, disputes, or court cases
Ensuring the business complies with UAE labor laws
4. Third-Party Verified
All checks are conducted through our trusted third-party Public Relations Officer (PRO), ensuring accuracy, confidentiality, and direct government coordination.
5. Who Covers the Cost?
As part of the standard process, the buyer covers the cost of legal due diligence. This ensures unbiased reporting and transparency throughout the transaction.
Final Thoughts
A business may look successful on the surface, but without proper due diligence, hidden risks can damage your investment.
At Leading Biz Pros, we ensure that every buyer walks in with clarity and confidence — no surprises, just facts.
Financial Due Diligence
Financial due diligence is essential when buying a business. Any income generated or financial data provided by the seller is reviewed under a strict NDA (Non Disclosure Agreement) and verified through a licensed accountancy firm.
To ensure transparency and instill confidence in the business’s financial integrity, we provide the buyer with the opportunity to verify the financial details through their trusted licensed accountancy firm.
