Business transfer solutions in Slovakia
The procedure of passing control from one management group to another, which is called a business transfer, involves different approaches. Whether it involves changing ownership, assets, moving the business, or transferring shares, each brings about substantial changes for those involved in the company.
Our business transfer solutions
Our business transfer services in Slovakia offer thorough plans to assist in different aspects of transitioning a business. From changing ownership, transferring assets, moving operations, to handling share capital, we provide customized solutions to fulfill your individual requirements and objectives.
Transfer business ownership
We have a solution for transferring business ownership in Slovakia that entails shifting control and decision-making power from one owner or group to another. This usually requires legal agreements and negotiations to guarantee a smooth transfer of ownership rights, responsibilities, and assets. Possibilities include selling the business, transferring ownership to family members or employees, or merging with another company.
Transfer business assets
Our approach to transferring business assets in Slovakia involves the transfer or distribution of both physical and non-physical assets from one entity to another. These assets include real estate, machinery, stock, patents, customer agreements, and reputation. With thorough documentation, valuation, and legal processes, we guarantee the accurate accounting and safeguarding of assets throughout the transfer.
Move business to new location
Our company provides an all-encompassing answer for companies seeking to move to a new area. This includes intricately planning and organizing the relocation of operations, whether it be local, nationwide, or global. Our method focuses on reducing disruptions to business, maintaining customer relationships, and guaranteeing a seamless transition of assets, employees, and services to the new site.
Transfer share capital
Our method for transferring share capital in Slovakia makes it easier for individuals to engage in the buying, selling, or transferring of ownership interests in a company by using share exchanges. This can be done through private transactions among current shareholders, publicly offering shares on stock exchanges, or as part of mergers and acquisitions. We guarantee compliance with securities regulations and shareholder agreements, as the transfer of share capital affects ownership structures and voting rights in the company.
Transfer agreement and documents
A Business Transfer Agreement (BTA) is a legal agreement that allows one company to transfer its assets and liabilities to another company. In order to proceed with this transfer, the following documents are needed to schedule a meeting at the notary’s office:
- Passport
- Utility bills of the company such as an electric bill or phone bill
- A document providing all of terms and conditions for business transfer
In certain situations, extra documents may be required.
We provide help with organizing all required documents and determining key elements such as market value, payment method, and transfer date.
Key points of business transfer in Slovakia
Consider the following factors when preparing for a transition of leadership in Slovakia:
1
Assess your company’s actual worth
Evaluating the true value of your company requires a thorough assessment of different aspects, such as financial performance, assets, liabilities, market position, and potential for growth. By establishing the market value and possible selling price, you can make well-informed decisions about the future of your business.
2
Evaluate options for passing the organization
Consider different possibilities for transitioning the company, taking into account factors like selling the company completely, handing over ownership to relatives or staff, joining forces with another organization, or attracting outside investors.
3
Time consumed
Keep in mind that the transfer of ownership in Slovakia may take as long as 5 years, so make sure to plan ahead and leave enough time for discussions, legal steps, and adjusting to the change.
4
Understand taxes of enterprise handover
Get to know the taxes involved in transferring a business in Slovakia, such as the state fees for transferring ownership documents for specific goods and selling part of a business.
5
Identify possible buyers
Find potential purchasers for your company in Slovakia, such as individuals, businesses, or investment firms looking to acquire or invest in your company.
6
Evaluate financing options
Investigate different ways to finance the handover process, including the option of partially financing the deal yourself or obtaining financing from new management or investors, particularly if you maintain ties with the company post-transaction.
You can successfully navigate the complexities of a business transfer in Slovakia and ensure a smooth transition for all parties involved by addressing these considerations and scheduling legal consultations.
Transfer business with us
In Slovakia, we analyze your requirements and preferences to provide a quote based on the relevant information gathered. Our team can help you easily arrange the transfer of property in Slovakia. Prior to handing over control, our experts will conduct a third-party assessment of the company. Contact our team in Slovakia for further details and assistance.
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