Business transfer in France
When a company owner wants to pass their company on to somebody else, they want to make sure it is professionally handed over to continue to exist and flourish. There is no room for error when it comes to passing your organization. It’s a time-consuming and costly procedure that might take many years to finish.
If you don’t get the help you need, you are risking your financial security, personal possessions, and company itself. You will get the help and knowledge you need to transfer your company at our corporate solutions platform effectively. To ensure that you don’t overlook your objectives, we use a reliable method with defined, acceptable timescales.
Types of business transfers
A transfer of assets, ownership, and material portion are the three fundamental types of business handovers.
Transfer business ownership
The procedure of transferring business from one person or company to another is called transfer of business ownership. Our consultants can help you decide on the best course of action and guide you through the entire process.
Transfer business assets
A portion of a company’s assets, such as its merchandise, e-shop, web address, and vendor agreements, are reassigned in a corporate asset handover.
Transfer business material portion
Transmission of any component of the Tangible Asset with a “fair market value” higher than 10% of the Purchase Cost is a Reassignment of Material Portion.
With the help of our specialists, you can swiftly determine the property handover arrangement. In addition, before giving over ownership, our expert will get a third-party evaluation of the organization.
Transfer agreement and documents
A Business Transfer Agreement (BTA) is a legal document that allows one firm to sell all of its assets and liabilities to another.
After you provide us with the following items, we put together the documentation and set up an appointment with the notary’s department:
- Passport and passport size photos;
- Utility bills of the enterprise;
- A document providing all of your terms and conditions for reassigning your trade;
- Employee details;
- Company’s financial statements.
The pros help put together all of the essential paperwork and terms, such as the market price, payment method, and handover date.
Key points of business transfer
Keep the following points in consideration when arranging a corporate reassignment:
- Your company’s actual market value;
- Options for transmitting the trade most suitable for you;
- Time consumed;
- Taxes of trade reassignment;
- Possible buyers;
- Disadvantages of enterprise transferal.
Transfer business with us
We collect the relevant facts and provide the services based on your expectations and specifications. Our professionals prepare the necessary documents, such as legal agreements and standardized contract papers. Our global network of lawyers can help with legality and interpretation.
Ready for the next step
Accelerate your business growth while we take care of everything else.