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Services

Due diligence of businesses and transactions in Kazakhstan and Central Asia

In short

Due diligence is a process designed to obtain a comprehensive view of a business. In essence it is the independent verification of all the facts regarding a firm, including the availability of relevant supporting documents. It is required when accurate information about the true condition of a company is needed for decision-making.

Who it is for

  • Buyers of businesses and shareholdings.
  • Investors before entering a project.
  • Sellers preparing an asset for a transaction.
  • Lenders and partners assessing counterparty risk.

What JOI Consulting Group does

  • Review across the legal, tax, financial, IT and technical perimeter.
  • Collection and review of company documents and management interviews.
  • Assessment of solvency and good standing.
  • Analysis of the company's compliance with legislative and regulatory requirements.
  • A detailed independent report: benefits, risks and professional recommendations.

How the process works

  • 01

    Scope

    We agree the depth and boundaries of the review against the purpose of the transaction.

  • 02

    Data

    We request documents and work with disclosure and open sources.

  • 03

    Analysis

    A team of certified appraisers, forensic experts, financial analysts, auditors, accountants, lawyers and IT specialists reviews the company.

  • 04

    Report

    We produce a detailed report outlining the key benefits and risks.

  • 05

    Decision

    We help translate the findings into deal terms: price, warranties, conditions precedent.

Risks we address

  • A gap between reported figures and the real condition of the business.
  • Hidden liabilities, encumbrances and litigation.
  • Tax assessments arising after a change of ownership.
  • Non-compliance with regulatory requirements.

What to prepare

  • Corporate documents and the ownership structure.
  • Financial and tax reporting for the agreed period.
  • Material contracts and details of any litigation.

Frequently asked questions

How long does due diligence take?

It depends on the scope, the size of the company and the quality of disclosure. Indicative timing is set once the scope of the review is agreed.

What does the client receive?

A detailed independent report outlining major benefits and risks, with professional recommendations on how to prevent negative consequences.

Can you review a counterparty without access to internal documents?

Yes, as an open-source and reputational review — with the limitations stated explicitly in the report.

The description of the procedure and team composition follows JOI Consulting Group materials. joiconsulting.us ↗

10 — Contact

Contact

Reach a practice partner directly, or the group office.

Group office

New York

Address
1 Penn Plaza, Suite 4530
New York, NY 10001, USA
Partner — Central Asia

Rustam Mirzabayev

Partner — Kazakhstan

Samira Karabay

Kazakhstan & Central Asia — Direct contacts of the practice partners in the region.

Contact a partner