Business transfer solutions in Thailand
The procedure of transferring control from one management entity to another, also referred to as a business transfer, involves different approaches. Whether it is transferring ownership, assets, relocating the business, or transferring share capital, each of these actions leads to important changes for the people involved with the business.
Our business transfer solutions
Our business transfer solutions offer extensive strategies to help with different aspects of transitioning a business in Thailand. If you need to transfer ownership, assets, move operations, or manage share capital, we have customized solutions to meet your specific needs and objectives.
Transfer business ownership
We have a solution for transferring ownership of businesses in Thailand, which consists of shifting control and decision-making power from one owner or group to another. This usually requires legal agreements and negotiations to facilitate a smooth transfer of ownership rights, duties, and assets. Possible options include selling the business, transferring ownership to family members or employees, or merging with another company.
Transfer business assets
What we propose for transferring business assets in Thailand involves moving or sharing physical and intangible assets from one organization to another. These assets include real estate, machinery, stock, intellectual property, customer agreements, and reputation. By carefully documenting, assessing, and following legal protocols, we guarantee the correct accounting and safeguarding of assets throughout the transfer process.
Move business to new location
We provide a complete package for companies interested in moving their operations to a new site. This includes meticulous organization and execution of the actual relocation process, whether it be local, national, or global. Our method focuses on reducing interruptions to business activities, maintaining customer relationships, and guaranteeing a seamless transition of resources, staff, and services to the new site.
Transfer share capital
The method we offer for transferring share capital in Thailand makes it easier to buy, sell, or transfer ownership stakes in a company by exchanging shares. This can be done through private transactions between current shareholders, public offerings on stock markets, or as part of mergers and acquisitions. We guarantee compliance with securities laws and shareholder agreements to ensure that the transfer of share capital affects ownership structures and voting rights within the company.
Transfer agreement and documents
In order to transfer all assets and liabilities from one company to another, a Business Transfer Agreement (BTA) is utilized. To arrange a meeting at the notary’s office and facilitate this process, the following documentation is 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
Extra documentation might 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 Thailand
Consider the following factors when preparing for a company transition in Thailand:
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 standing, and potential for growth. 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
Look into different possibilities for transitioning the company, taking into account options such as selling the business, passing ownership to family members or employees, merging with another company, or finding outside investors.
3
Time consumed
Please note that the transfer of ownership in Thailand may require up to 5 years, so it is important to plan ahead and allocate enough time for discussions, legal processes, and adjustments.
4
Understand taxes of enterprise handover
Get to know the taxes involved in passing on a business in Thailand, such as the fees charged by the government for transferring ownership of specific goods and for selling part of a business.
5
Identify possible buyers
Find possible purchasers for your business in Thailand, such as individuals, companies, or investment firms who are interested in buying or investing in your company.
6
Evaluate financing options
Look into different financial options for the transition process, such as potentially investing some of your own money or obtaining funding from new management or investors, particularly if you plan to stay involved with the company post-sale.
By taking these factors into account and arranging for legal meetings, you can effectively manage the intricacies of transferring a business in Thailand with certainty and guarantee a smooth transition for everyone involved.
Transfer business with us
In Thailand, we analyze your requests and requirements to provide you with a customized quote. Our team can assist you in arranging the property handover in Thailand. Before transferring control in Thailand, our professionals will conduct a third-party company evaluation. Contact our team in Thailand for further information and support.
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