Business transfer solutions in Vietnam
The act of passing control from one administrative entity to another, also known as a business transfer, involves different approaches. Whether it involves changing ownership, transferring assets, moving the business, or shifting share capital, each of these methods brings about substantial changes for those involved in the company.
Our business transfer solutions
Our business transfer services offer detailed plans to help with different aspects of transitioning a business in Vietnam. Whether it includes changing ownership, transferring assets, moving operations, or handling share capital, we provide customized solutions to meet your individual needs and objectives.
Transfer business ownership
We have an option available for transferring business ownership in Vietnam, which requires passing on control and authority from one owner or group to another. This usually involves legal contracts and discussions to guarantee a smooth transfer of ownership rights, duties, and possessions. Possibilities may consist of selling the business outright, passing ownership to family members or employees, or merging with another company.
Transfer business assets
The way we handle the transfer of business assets in Vietnam involves moving or sharing both physical and intangible assets from one entity to another. These assets include real estate, machinery, stock, intellectual property, customer agreements, and reputation. With careful documentation, assessment, and following legal steps, we guarantee the correct accounting and safeguarding of assets throughout the transfer process.
Move business to new location
We provide a complete package for businesses seeking to move to a new area, which includes meticulously organizing the physical moving of operations, whether it is within the same city, across the country, or internationally. Our method aims to reduce any disturbances to business activities, keep customers, and guarantee a seamless transfer of assets, employees, and services to the new location.
Transfer share capital
The method we offer for transferring share capital in Vietnam makes it easy to buy, sell, or transfer ownership interests in a company by exchanging shares. This can be done through private transactions between current shareholders, public offerings on stock exchanges, or as part of mergers and acquisitions. We guarantee compliance with securities regulations and shareholder agreements to maintain the integrity of ownership structures and voting rights within the company during the share capital transfer process.
Transfer agreement and documents
In order to transfer all assets and liabilities from one company to another, a Business Transfer Agreement (BTA) is needed. To set up a meeting at the notary’s office, the following documents are necessary:
- 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
Further documentation may be required depending on the specific situation.
We provide help with gathering all required documents and determining key elements like market price, payment method”, and “transfer date.
Key points of business transfer in Vietnam
When preparing for a transfer of an organization in Vietnam, keep in mind the following factors:
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 growth potential. Analyzing the market value and potential selling price will enable you to make well-informed decisions about the future of your business.
2
Evaluate options for passing the organization
Consider different ways to transition the organization, taking into account options like selling the business, transferring ownership to family members or employees, merging with another company, or attracting external investors.
3
Time consumed
Please note that the transfer of ownership in Vietnam may require up to 5 years, so it is important to plan accordingly and allocate sufficient time for discussions, legal processes, and transitioning.
4
Understand taxes of enterprise handover
Get to know the taxes related to transferring a business in Vietnam, such as fees from the government for transferring ownership of specific goods and for selling part of a business.
5
Identify possible buyers
Find possible purchasers for your company in Vietnam, such as individuals, businesses, or investment firms who are keen on taking over or investing in your company.
6
Evaluate financing options
Consider different ways to finance the transfer of ownership, such as investing some of your own money or obtaining funding from the incoming management or new investors, particularly if you plan to stay involved with the company post-sale.
By taking into account these factors and arranging for legal advice, you can confidently navigate the challenges of transferring a business in Vietnam and guarantee a smooth transition for all parties involved.
Transfer business with us
In Vietnam, we will provide a quote based on your specific requirements. Our team can help you arrange the property handover efficiently. Before transferring control, our experts will conduct a third-party company evaluation. Contact our team in Vietnam for further details and assistance.
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