Business transfer solutions in Turkmenistan
The process of transferring control from one management entity to another, also known as a business transfer, involves different approaches. Whether transferring ownership, assets, relocating the business, or transferring share capital, each results in significant changes for the people involved with the company.
Our business transfer solutions
Our business transfer solutions in Turkmenistan offer detailed plans to assist with different stages of transitioning a business. From ownership transfer and asset relocation to share capital management, our customized solutions are designed to meet your individual needs and objectives.
Transfer business ownership
We have the ability to provide a solution for changing business ownership in Turkmenistan, which entails shifting control and decision-making power from one owner or group to another. This usually requires legal contracts and discussions to guarantee a smooth transfer of ownership rights, duties, and assets. Potential choices may involve selling the business outright, passing ownership to family members or employees, or merging with another company.
Transfer business assets
The method we propose for moving business assets in Turkmenistan involves moving or distributing physical and intellectual assets from one company to another. This includes property, equipment, inventory, intellectual property, customer contracts, and goodwill. By carefully documenting, valuing, and following legal steps, we guarantee that assets are accounted for and protected during the transfer.
Move business to new location
We provide a complete package for companies interested in moving to a different place. This includes strategically organizing and managing the relocation of business operations, whether it is within the same city, across the country, or overseas. Our method aims to minimize interruptions to business activities, hold onto customers, and guarantee a seamless transition of assets, employees, and services to the new site.
Transfer share capital
In Turkmenistan, our method of transferring share capital streamlines the process of buying, selling, or transferring ownership interests in a company through share exchanges. This can be done through private transactions among 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.
Transfer agreement and documents
In order for one company to transfer all its assets and liabilities to another, they must have a Business Transfer Agreement (BTA) in place. To schedule a meeting at the notary’s office and facilitate this process, the following documents are needed:
- 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 compiling all required documents and determining key elements like market price, payment method, and transfer date.
Key points of business transfer in Turkmenistan
When preparing for a transfer of power in Turkmenistan, keep the following factors in your thoughts:
1
Assess your company’s actual worth
Evaluating the true value of your company requires a thorough assessment of several factors such as financial performance, assets, liabilities, market position, and potential for growth. By establishing the market value and potential selling price, you can make well-informed decisions about the direction of your business.
2
Evaluate options for passing the organization
Consider different possibilities for transitioning the organization, taking into account factors like selling the business outright, transferring ownership to family members or employees, merging with another company, or seeking external investors.
3
Time consumed
Keep in mind that transferring ownership can last up to 5 years in Turkmenistan, so make sure to schedule enough time for discussions, legal steps, and the changeover.
4
Understand taxes of enterprise handover
Get to know the taxes linked to transferring ownership of a business in Turkmenistan, such as the fees imposed by the state for transferring ownership of specific goods and selling a share of a business.
5
Identify possible buyers
Find possible purchasers for your company in Turkmenistan, such as individuals, 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 funding part of the deal on your own or obtaining financing from either the new management or investors, particularly if you plan to stay involved with the company following the transaction.
By taking these factors into account and setting up meetings with legal experts, you can confidently navigate the challenges of transferring a business in Turkmenistan and guarantee a smooth transition for everyone involved.
Transfer business with us
Our team in Turkmenistan will provide you with a quote based on your specific requirements. You can easily coordinate the property handover with our assistance, and our professional will conduct a thorough assessment before transferring control to a third-party company. Contact our team in Turkmenistan for further details and support.
Ready for the next step
Accelerate your business growth while we take care of everything else.