Check Out The Following Things That Need To Be Prepared Due Diligence – Due diligence means in the Indonesian language is an inspection activity that is carried out carefully from a legal perspective. Then, due diligence is carried out by whom? In practice, due diligence is carried out by legal consultants for certain companies or transaction objects.

Based on these objectives, the result of due diligence is a report that can be used as consideration for interested parties. Like investors to make decisions for the transactions they will do. For example for the acquisition of shares, assets, issuance of securities, mergers, consolidations, or forms of lending. In addition, examples of legal due diligence can be used to obtain legal status or legal clarity.

Especially for every document that is audited or examined, knowing the legality of a business entity or legal entity. As well as being able to check the level of compliance of a business entity or legal entity. So Legal Due Diligence can provide a legal view or a form of legal certainty in a policy carried out by the company. So, due diligence means more focus on an in-depth investigation of risks that are often not revealed by business entities or legal entities.

Things that Need to Be Prepared

For the implementation process to run smoothly, there are several things that need to be prepared for conducting due diligence, as follows:

• Information about company leaders in the form of a hierarchy of directors who are holding power and their detailed identities
• Company asset documents, such as movable and immovable assets, documents of asset ownership, asset charges, and disputes.
• Articles of association (AD) of the company concerned, such as the deed of establishment of the company, business activities, amendments to the articles of association, general meeting implementation regulations, and provisions for the appointment of directors or commissioners.
• The third party agreement document
• Tax documents, such as tax documents payable, and company TIN, to PBB
• Approval and licensing documents, such as documents regarding types, periods, sanctions, issuing agencies, permits, arrangements, obligations, rights, and appropriate prohibitions based on company activities
• Insurance documents that the company has
• Based on the explanation above, the conclusion of due diligence is a process of examining every financial activity of the company that is to be purchased later. That is why both sellers, buyers and investors need this example of due diligence.

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