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"It is costly wisdom that is bought by experience"
 
R. Ascham, teacher and writer (1515-1568)

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1. Company transfer

Entrepreneurs may at any point decide to transfer their company. If the activities are carried out in a sole proprietorship or partnership, the entrepreneur transfers the company assets and liabilities to a third party. Each asset must be transferred separately, with due observance of the legal formalities, for instance, a notarial deed and registration with the land registry office is required for the transfer of immovable property.

2. Share transfer

If the activities are carried out in a capital company, the company may be transferred by means of a share transfer. Shares must be transferred by execution of the deed of transfer and, if applicable, the deed of sale by a civil-law notary. In some cases, a separate sales agreement in addition to the notarial deed is drawn up, in which supplementary arrangements and guarantees are laid down. Attorneys at law often draft this type of agreement.