You also need to be able to get out of business and be guided not only by personal ambitions, but also by the interests of the former co-owners of the enterprise. How to make this step correctly and with the least loss?
Instructions
Step 1
Evaluate the ability of your partners or third-party investors to buy out your share of the business. The reasons for delays in buying out a share may not only be financial in nature. It is possible that your business is not very attractive, or the co-owners will simply not be able to manage your share for some reason.
Step 2
Check out the charter of your organization (usually an LLC). If the charter contains a provision on the voluntary exit from the business of any of its participants, then you can start the exit procedure without hindrance. If this is not specified in the charter, your proposal must be unanimously approved by all other partners. If a share of the company's property is in matrimonial ownership, obtain the written consent of the wife (husband) to secede from the founders of the LLC. Have it certified by a notary.
Step 3
Submit an application addressed to the head of the LLC to withdraw from the founders of the company. If the question of your withdrawal is put to a vote, then you will have to wait for a decision within 30 days from the date of submission of the application.
Step 4
Receive a copy of the minutes of the meeting of the founders of the company with a positive decision on your application.
Step 5
Estimate the size of your share in accordance with the company's charter (nominal value) based on the financial documentation and balance sheet (actual value), as well as on the basis of an independent appraiser opinion (market value). Such a comprehensive approach to calculating your share in the company's property will help you get the most complete and objective information and make the right decision about the real transaction price. However, it should be noted that the price of the share is regulated by the tax authorities and may be revised by them in terms of the assessment of the organization's assets. Enter into a contract for the sale of the ownership interest
Step 6
Check that the application for making the necessary changes to the Unified State Register of Legal Entities is sent to the tax inspection department, which will confirm the transfer of your share to the ownership of another person. After re-registration, the changes will take effect.
