How To Sell A Stake In A Business

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How To Sell A Stake In A Business
How To Sell A Stake In A Business

Video: How To Sell A Stake In A Business

Video: How To Sell A Stake In A Business
Video: How To Sell Your Business For Millions 2024, December
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Selling a stake in a business is a rather difficult procedure that must be followed in compliance with all statutory requirements. This procedure is carried out in several successive stages.

How to sell a stake in a business
How to sell a stake in a business

It is necessary

  • - extract from the Unified State Register of Legal Entities;
  • - documents for equity participation in the authorized capital.

Instructions

Step 1

The realities of modern business are such that the sale of a stake in the authorized capital is quite common. However, in order to avoid problems with the law, provide for the careful implementation of all necessary actions in this case. Since a share in the authorized capital refers to property rights, the procedure for selling a share in a business is a purchase and sale transaction. It is advisable to seek advice from a qualified lawyer, since there are many nuances of this transaction.

Step 2

To sell a share in a business: - notify other business participants about your upcoming sale of your share, indicating the material terms of the proposed transaction. The Charter most often prescribes the right of preferential purchase of the sold share of the business by the rest of the participants or by the company itself; - confirm your authority as the owner of the share of this business (order an extract from the Unified State Register of Legal Entities from the territorial tax authorities); - within 10 days from the date of receipt of the extract draw up a notary transaction for the sale and purchase of your share of the business; - the notary who certified the transaction officially certifies the transfer of the share in the business to the new owner and sends an application to the tax authority registering the changes made to the Unified State Register of Legal Entities; - to complete the transaction for the sale of the share in business, get an extract from the Unified State Register of Legal Entities with information on the changes made.

Step 3

The documentary confirmation that the ownership of a share in a business belongs to the person who acquired it according to the sale and purchase agreement is the notarized agreement itself and an extract from the register (USRLE). Having received an extract from the Unified State Register of Legal Entities with information about the new owner of a share in the business, contact the Company with a request to amend the list of participants in the business structure.

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