UAGRO-Holding / UIFK-Agro

In 2018, Otten Consulting carried out a financial due diligence on behalf of UAGRO-Beteiligungs-GmbH for an 8000ha company as a potential purchase object.
Due to the results of the audit, the client rejected to purchase the object because of legal issues, considerable tax risks, unrecognized liabilities and doubtful debts in receivables.
In 2017, a request was received to check the correctness of the VAT assessment.
Otten Consulting prepared a professional detailed consultation, which enabled the company to get an accurate overview of the correctness of VAT calculation and prevent the assessment of penalties by the fiscal authorities.