Section 1
Business Formation and Structure
This section assesses whether your business has the correct legal structure as well as all necessary registration documents.
What is the legal structure of your business?
Are the business structure documents (e.g., incorporation documents, partnership agreements) filed and compliant?
1 out of 10
Section 2:
Contracts and Agreements
This section assesses whether all major contracts are in place, regularly reviewed, and enforceable.
Does the business have legally sound contracts in place with suppliers, customers, and employees?
How often are your contracts reviewed by a legal professional?
2 out of 10
Section 3:
Intellectual Property Protection
This section assesses whether the business has comprehensive IP protection with active enforcement, or it's exposed to theft or infringement.
Does the business have trademarks, copyrights, or patents filed for key intellectual property (IP)?
Do you have a comprehensive Intellectual Property Policy in place?
3 out of 10
Section 4:
Employment Law Compliance
This section assesses whether the business is fully compliant with employment laws, including contracts and policies.
Are all your employees on legal contracts that comply with labor laws?
Do you have Employment Policies in place that cover areas like fair labor practices, health, and safety?
4 out of 10
Section 5:
Finance & Tax Compliance
This section assesses whether the business is fully compliant with tax obligations, including strategic tax planning.
Is the business properly registered for income tax, VAT, and payroll taxes with the local tax authority?
Does the business maintain proper accounting records for accurate and timely tax filing?
5 out of 10
Section 6:
Data Privacy and Security
This section assesses whether the business has strong data protection policies in place with regular audits.
Are you registered with your National Data Protection Agency / Authority?
Do you have a comprehensive Data Protection Policy in place in your business?
6 out of 10
Section 7:
Risk Management & Insurance
This section assesses the company's strategy for managing and averting risk, through proper insurance coverage.
Do you have a comprehensive documented Risk Management Strategy / Policy in place?
Do you have any business insurance coverage (e.g., liability, professional indemnity)?
7 out of 10
Section 8:
Industry-Specific Regulatory Compliance
This section assesses the business is compliant with all relevant industry-specific regulations.
Is your business aware of and compliant with all industry-specific regulations (e.g., environmental, financial, or health regulations)?
How often are compliance measures reviewed, and audits conducted?
8 out of 10
Section 9:
Dispute Resolution Strategy
This section assesses whether the business has well-established dispute resolution strategies in place.
Do you have documented strategies / policies in place to manage disputes (e.g., mediation, arbitration, ADR)?
How often do you engage legal counsel when managing disputes?
9 out of 10
Section 10:
Overall Legal Strategy & Review
This section assesses whether the business has regular legal reviews and proactive legal strategy.
Do you have either an in-house or outsourced legal professional/team managing your overall legal strategy/compliance?
How often do you conduct legal health / compliance checks or audits with legal professionals?
Have you implemented systems for monitoring early potential legal risk factors (e.g. potential disputes, compliance loopholes, etc)?
10 out of 10
