Sale of a company

REMEMBER THIS WHEN SELLING A COMPANY

• LOI
• term sheet
• NDA
• contracts
• consents
• declarations
• annexes to contracts
• owner and managing director's debt-free status
• statutory body of the company
• amendment of the memorandum of association or articles of incorporation
• proposal for registration of changes
• technical due diligence on land and buildings
• soil contamination
• control of bank accounts
• control of subsidies and liabilities, including supplier-customer contractual relations
• checking the accounts
• inventory of accounts
• control of cards and cash registers
• audit
• financial year-end and accounting due-diligence
• transmission of documents both physically and electronically
• checking the accounts, balance sheets and profit and loss account