If you plan on selling your business outright, the first step is to determine its value. Although you may have a good idea of the worth of your company’s assets and capital, We Bis &Juris will assist you to determine its value in the market and arrange genuine buyer. Once the terms of the sale have been agreed upon by the owner and buyer, the official process can begin. The first step is to obtain an initial approval from the Department of Economic Development. To obtain any special approvals we will assist you.
After obtaining the initial approval from the DED, both the buyer and seller need to create an official contract at the notary public.
The notary public contract then needs to be submitted to the Department of Economic Development along with all approvals and documents. Than DED issue amended license after paying prescribed fee.
Rather than selling the whole of the business, it is possible to sell shares of the business. This process is similar to selling a business in that it requires an amendment to the trade license. On top of the procedures and documents outlined above, the Department of Economic Development also requires written approval from each of the business partners.
Our expert teams will assist you to complete all the business transfer procedure hassle free.
Share Purchase or Buying Existing Company:
If you are considering buying an existing business, you need to do your due diligence.
Doing a due diligence investigation allows you time to find out more about the business and engage professional advice. This enables you to make an informed decision as to
whether this business is feasible and right for you.
Our Legal & expert team will do due diligence for you and cover the following areas of the existing business:
- Legal issues
- Business Structure
Also we provide existing business as per your requirement without any liabilities.