DUE DILIGENCE SERVICES

We conduct due diligence studies on business ventures, property, and people, to attempt to eliminate or reduce risk. The Asian business climate is symptomatic of a myriad of diverse cultures and personalities which an unsuspecting bona fide western or local entrepeneur or investor may fall foul of. Business Perceptions and attitudes, moral perspectives, and contractual compliance, differ significantly in various communities and individuals. Regrettably, entrepeneurs and investors have to tread with caution, and not enter into any transactions without the necessary research and due diligence

Research and Validation

In a constantly expanding and complex Asian market, many investors don't have the knowledge, resources or time, to properly investigate a venture, business, property, or person in order to make an informed and intelligent investment decision. It is essential to research the venture, property, product, or person, to validate existence, credibility, quality and integrity, prior to entering into any financial transactions.

Quality Control

If you don't have the resources or time, let us monitor your investment, product or people for you. Using current technologies, we can provide you with written or multimedia reports keeping you in touch and giving you peace of mind.

Report

Real Estate in Asia

In most Asian and South East Asian countries only nationals of those countries are permitted to own land. A typical exception to this rule is that a foreign subject may own a condominium within a building complex. Many investors overcome the ownership hurdle by inter alia, forming a corporation (which is also normally subject to foreign shareholding rules), using the name of a local partner, or entering into a long-term lease. Of greater risk to prospective investors is inadequate land registration systems which often indirectly create a quagmire of adverse claims and encumbrances, which are not immediately apparent when looking at what paperwork is available on the property. Unfortunately, this scenario may be exacerbated with corruption and unscrupulous land owners or possessors, who exploit the vulnerabilities of foreign investors.

WHAT KIND OF PROPERTIES SHOULD BE INVESTIGATED? There is no exception! All properties and their history require due diligence. Areas which require more attention would be those in remote locations or on islands. Large tracts of land and islands may additionally require communications with local and regional politicians for further insight into the property, the local environment, and potential vested interests which may affect one's decision to make such investment. Particularly in the Asian and South East Asian real estate markets, it is essential to research the title on a property and its history, to ensure valid ownership with no adverse claims or encumbrances.

It is not uncommon for business persons to make misrepresentations, before and after business transactions. It is also common for agents and consultants to make various representations leading to your prejudice. Regrettably, these occasions are common and the deviants escape with impunity. The machinations of policing and justice cumbersome and the Rule of Law is not applied universally as most may believe. It is for this reason that proactive due diligence becomes paramount.