Due diligence (DD) is a critical process of verification, investigation, review, or audit aimed at confirming the facts or details of a potential M&A deal or investment opportunity. M&A due diligence checklist is meticulously followed to ensure all aspects are thoroughly examined. Legal due diligence involves scrutinizing legal documents to identify and disclose any risks or issues that could impact M&A transactions.

This comprehensive process plays a pivotal role in negotiations between both parties, particularly in determining transfer prices. The findings from the Due diligence report provide crucial insights that inform decision-making and mitigate risks associated with the deal. Legal due diligence must be conducted before proceeding with the M&A transactions to protect the interests of all involved parties.

How we can help:

Legal due diligence:

This service includes a thorough review of all legal aspects related to the subject, covering business, commercial, intellectual property (IP), and human resources (HR), among other legal factors. PLF meticulously examines all sell-side documentation, such as contracts, agreements, licenses, and pending lawsuits. Our due diligence process ensures comprehensive risk management and analysis. Subsequently, we provide our clients with a detailed legal due diligence report.

Intellectual property (IP) due diligence:

PLF conducts a meticulous review of all documents concerning intangible assets, including patents, copyrights, and trademarks, owned by or licensed to the target company. Through IP due diligence, we assist clients in assessing the quality and value of IP assets, contributing to effective risk management and analysis.

HR due diligence:

PLF provides support to both the sell-side and buy-side in assessing HR processes and the human capital of the target company. By examining aspects such as organizational structure, remuneration, and labor policies, we help mitigate HR operational risks. Our comprehensive HR due diligence ensures effective risk management and analysis.

Startups due diligence:

When venture capital firms or angel investors express interest in startups, due diligence is essential to evaluate their potential value and profitability. PLF conducts thorough due diligence to assess the feasibility of startups, enabling investors to define investment structures and allocate funds effectively based on the due diligence report.

Local due diligence support:

Acting as the client’s local counsel, PLF facilitates and supports its international legal team throughout the entire legal due diligence process. Our experienced lawyers handle all documentation and processes specific to Vietnam, including subsidiary establishment and representative office operations. This collaboration ensures smooth coordination and enhances the accuracy of the due diligence report for the entire M&A transaction.

Free consultation:

As part of our commitment to supporting businesses, we provide Free Consultation to discuss how our services can benefit your enterprise. With PLF as your legal advisor, you can access professional and cost-effective legal solutions tailored to your specific needs, ensuring comprehensive Mergers & Acquisitions strategy in Vietnam.

Discover the expertise of our legal professionals on our ‘Our Team page and explore further insights in Legal Articles, specifically tailored for those interested in Mergers and Acquisitions in Vietnam.

How to proceed?

  • Sign and execute Non-Disclosure Agreement before accessing Clients’ information and documents;
  • Organize direct meetings with our team to clarify the Clients’ requirements, targets, and concerns;
  • Consider and set up a legal team with in-depth knowledge of the sector;
  • Define the approach, methods, and protocols of due diligence;
  • Provide a full plan of the due diligence process;
  • Create a comprehensive checklist of requested documents and information;
  • Set up and share documents and information based on the comprehensive checklist via a virtual or physical data room (in case of supporting sell-side);
  • Combine and analyze due diligence findings;
  • Issue a detailed due diligence report;
  • Follow the schedule by strictly monitoring the implementation process of both sides;
  • Provide ongoing follow-up to answer questions via phone, e-meetings, or direct meetings throughout the service process to ensure the problems are completely resolved;
  • Periodically update case progress, ensuring clients feel secure in tracking and managing information anytime, anywhere.
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Most Frequent Questions & Answers

Finding expert guidance in our FAQs section, which address common concerns and provide insights into corporate legal, accounting, and secretarial matters.

Yes, we provide various services related to mergers and acquisitions such as legal due diligence, participation in negotiations, negotiation, drafting and reviewing documents, consulting on transaction structure, handling necessary licenses and approval procedures.

We conduct a legal due diligence report on the target company or the designated entity, perform a legal review and issue a Due Diligence Report for the parties to review.

Additionally, we provide advice and develop a strategic plan to execute the transaction, including the corresponding steps and time. Based on this plan, we draft or review contracts, and supplementary agreements, participate in negotiations, and implement the necessary legal procedures to execute the deal.

Yes. We not only advise on business structure to identify the issues that Clients are facing but also offer restructuring options with advantages and disadvantages of each option.

The exact time to carry out corporate restructuring cannot be accurately determined because it depends on each department or each issue requiring restructuring. However, according to the law, it only takes 5 working days to change the type of business entity stated in the enterprise registration certificate.

Business restructuring is necessary when you encounter issues with the current business structure or need to prepare for scaling. Analyzing the current structure helps identify issues and adjust to help businesses operate more efficiently.

Similarly, before scaling up, you need to evaluate, review, and develop the structure to ensure smooth operations and coordination.

This is an important work to avoid operational gaps due to the inability to keep up with the business scale, which can lead to a loss of control.

We will review and evaluate the current legal structure of the Client’s business. From there, we will identify issues within the current structure, propose solutions, and the necessary legal procedures to restructure the client’s business.

Typically, M&A transactions involve multiple stages and procedures, with the participation of many parties. Every action can potentially carry inherent risks.

To mitigate these risks, businesses need a clear transaction structure that includes identifying the target entity, outlining the necessary steps, determining the required legal procedures, restructuring the rate of capital ownership, and the timing for related activities such as deposit, due diligence, contract signing, and more.

Yes, we provide consulting services and carry out legal procedures related to Capital Restructuring.

We evaluate the current capital structure, analyze the business plans, industry practices and modern financial models to propose effective capital restructuring options.

The new capital structure is built on the principle of optimization, identification of investment cash flow and tax obligations when Clients require capital disbursement to maintain operations, attract additional investment capital or restructure capital sources from the parent company or the owner.

Yes. We assist Clients in evaluating and implementing operational and financial restructuring of businesses.

We analyze the company’s current operational and business structure to provide legal advice on irregularities that are affecting their business.

In addition, we propose alternative business restructuring solutions based on legal regulations and effective operating models within the same industry.

Fast-track M&A service is understood as performing the M&A transaction in the most streamlined manner, ensuring the fastest possible progress to meet the urgent requirements of Clients.

We offer this service to our Clients, especially in cases of insolvency.

We promptly assess the target company’s operational situation to propose solutions in the early stages of the M&A transaction. We access and organize relevant information about the owner’s capital, debt, management structure, labor issues, and so on in order to suggest the most streamlined solutions, transaction structures, and implementation plans.

Yes, we not only offer consulting services and develop comprehensive exit and dissolution plans for Clients, but also act on behalf of Clients to carry out the necessary legal procedures to ensure compliance with the law and facilitate a safe and cost-effective exit from the market.

Yes, we perform various types of due diligence for M&A transactions such as legal due diligence, intellectual property due diligence, employee due diligence, and due diligence for startups.

Furthermore, for transactions taking place abroad, we assist in due diligence in Vietnam for commercial entities such as subsidiaries, branches, and representative offices.

We have specific procedures for performing services. Every action is cross-checked during implementation.

First, we sign a Non-Disclosure Agreement and require all relevant parties to join this agreement.

Next, we organize online or direct meetings to clarify the Client’s requirements, targets, and concerns.

Based on the situation and available information, we define an approach and develop a comprehensive plan for the due diligence process. We develop and send a list of required information and documents to partners to perform due diligence.

Depending on the situation, we may conduct the due diligence directly or through virtual data rooms to review documents. From there, we release a due diligence report on the target entity for clients to review.

We continuously monitor, provide feedback and offer advice based on the Client’s inquiries, ensuring that they understand the report as well as the target entity of the transaction.

Yes. We provide the following services to support M&A transactions: Risk Management and Analysis, Target Valuation, Deal Structure, Negotiation Representation with the counterparty, drafting Letter of Intent, drafting Terms sheet, participating in negotiations, drafting deposit or transfer contracts, post-deal integration planning, transaction implementation support, transaction closure support.

After completing the M&A transactions, the buyer needs to integrate the acquisition target into the existing business system. We provide comprehensive integration planning services to ensure that M&A transactions are executed efficiently.

The integrated plans mainly cover the processes of organization, purchasing, manufacturing, marketing/sales, supply chain management/logistics, and human resources.

Risk analysis and management services involve monitoring and evaluating potential risks and analyzing potential impacts that may arise in M&A transactions. We also develop risk control measures that Clients can implement to minimize potential losses.

Target valuation planning service is the way process of assisting clients in valuing, assessing, and reviewing the transfer price of the target company through the legal due diligence process.

In addition, we also support the seller to increase the transfer value by reviewing, adjusting and developing the company’s valuation plan at the best possible price.

In case the client is not present in Vietnam or lacks experience in M&A activities, we will act as the Client’s representative to communicate and negotiate with the other party.

Yes, we assist Clients in drafting a Letter of Intent, which includes the parties’ intentions, joint plan, initial commitments, and other relevant information.

Yes. We provide the service of drafting or reviewing Term Sheets in M&A transactions, which includes proposing, negotiating and reviewing the legality of all terms such as conditions, transfer pricing, commitments, payment and other related contents.

Yes, we provide the service of drafting, reviewing, and advising on the terms of the capital transfer contract such as contract structure, transfer pricing, payment terms, rights and obligations, etc. to protect clients from risks and potential issues during the implementation process.

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