Business transfer solutions in Croatia
The concept of transferring control from one management entity to another, which is called a business transfer, involves different approaches. Whether it involves transferring ownership, assets, moving the business, or transferring share capital, each method involves substantial changes for those involved with the company.
Our business transfer solutions
Our business transfer solutions offer detailed plans to help with different aspects of transitioning a business in Croatia. This includes transferring ownership, assets, moving operations, and handling share capital. We provide personalized solutions to fit your individual requirements and objectives.
Transfer business ownership
We have a solution for transitioning business ownership in Croatia, which involves transferring control and decision-making authority from one owner or group to another. This process usually requires legal agreements and negotiations to ensure a smooth transfer of ownership rights, responsibilities, and assets. Choices could involve selling the business, transferring ownership to family members or employees, or merging with another company.
Transfer business assets
The method we use for transferring business assets in Croatia involves moving or sharing both physical and non-physical assets from one entity to another. This includes items such as real estate, machinery, stock, patents, customer agreements, and reputation. With thorough documentation, assessment, and legal steps, we guarantee the correct handling and safeguarding of assets throughout the transfer process.
Move business to new location
We provide a complete package for companies seeking to move to a different location. This includes meticulously organizing and managing the relocation of operations, whether it is local, national, or international. Our method aims to limit interruptions to business activities, maintain client relationships, and guarantee a seamless transition of assets, personnel, and services to the new place.
Transfer share capital
Our method for transferring share capital in Croatia makes it easier to buy, sell, or transfer ownership stakes in a company through share swaps. This can be done privately among current shareholders, through public offerings on stock markets, or in the context of mergers and acquisitions. It is important to adhere to securities regulations and shareholder agreements to maintain proper ownership structures and voting rights in the company during the transfer of share capital.
Transfer agreement and documents
A Business Transfer Agreement (BTA) allows one company to transfer its assets and liabilities to another company through a contract. In order to move forward with this process and arrange a meeting with the notary, the following documents must be provided:
- 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
Additional paperwork might be required depending on the specific situation.
We provide help with gathering all required documentation and determining important factors like market value, method of payment, and date of transfer.
Key points of business transfer in Croatia
When organizing a handover in Croatia, keep the following factors in consideration:
1
Assess your company’s actual worth
Calculating the true value of your company requires a thorough assessment of different aspects such as financial performance, assets, liabilities, market position, and growth potential. By establishing the market value and possible selling price, you can make well-informed choices about the direction of your business.
2
Evaluate options for passing the organization
Consider different possibilities for transitioning the organization, taking into account options such as selling the company, transferring ownership to family members or employees, merging with another business, or attracting external investors.
3
Time consumed
Keep in mind that the transfer of ownership can last for as long as 5 years in Croatia, so make sure to plan ahead and give yourself enough time for dealing with negotiations, legal matters, and the transition process.
4
Understand taxes of enterprise handover
Get to know the taxes related to transferring a business in Croatia, such as fees imposed by the state for transferring ownership of specific goods and for selling a part of a business.
5
Identify possible buyers
Find possible purchasers for your company in Croatia, such as individual buyers, businesses, or investment firms looking to purchase or invest in your company.
6
Evaluate financing options
Investigate different ways to finance the handover process, such as providing some of the funding yourself or seeking financial assistance from new management or investors, particularly if you have ongoing involvement with the company post-transaction.
By taking these factors into account and arranging legal meetings, you can confidently navigate the intricacies of a business transfer in Croatia and guarantee a smooth transition for everyone involved.
Transfer business with us
In Croatia, we will collect the necessary information based on your requirements and create a price estimate. Our team can help you easily arrange the transfer of the property in Croatia. Before transferring control in Croatia, our expert will also conduct an evaluation from a third-party company. Contact our team of professionals in Croatia for further details and support.
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