Business entities seek a range of financial valuations related to the asset valuation of partners’ shares for different purposes that would help the administrative and regulatory authorities make legal decisions.
The legislation issued by Kuwait regulatory authorities, such as the Capital Markets Authority (CMA) and Insurance Regulatory Unit (IRU), mandate business entities to seek asset valuation consulting while undertaking specific procedures, deals, or transactions in relation to the shares of partners through engaging the services of an asset valuator licensed by the CMA to provide such services.
It is worth mentioning that Baker Tilly is a CMA-licensed asset valuator to provide asset valuation services.
Baker Tilly provides the following asset valuation services: