Review account charges, administration fees and deductions from any contractual refund. These differ from qualifying investment capital and from government or professional immigration fees, which may have separate payment and refund terms.
Ask for a payment-by-payment breakdown
Identify the recipient and treatment of every amount before subscribing. A denial clause might address capital while excluding other charges, so do not interpret refund language as covering the whole budget. Keep source evidence for relevant fee payments.
Have independent advisers assess the actual agreements and the financial ability to perform any refund obligation rather than treating it as guaranteed liquidity. Ask for a schedule identifying every amount, its recipient and its treatment, then check it against the agreements rather than against the marketing material. Account charges, administration fees and any deduction applied to a contractual refund each need to appear, since a denial clause frequently addresses capital while leaving other amounts outside its scope.
Establish whether professional and government immigration fees carry their own payment and refund terms, because those are usually governed by a separate engagement letter and are not covered by the offering documents at all. Where an amount is described as payable to the enterprise, confirm whether it is treated as part of the investment or as a charge against it, since that characterisation affects the capital position. Obtain the schedule before subscribing, while questions can still change the terms.