Understanding the Legal Implications of Selling Your Business

 The outbreak of the coronavirus presents an alarming impact on human health and a serious crisis in businesses. Small and medium enterprises are greatly affected. If you are an SME and planning to close or sell your business, seek help from a corporate services provider. We at Corporate Services Singapore will guide you through the complex process of selling your business.

Here's our guide on the legal implications of selling your business:

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Company Incorporation: Learn the Main Advantages

Company Incorporation in Singapore

Company Incorporation Benefits:

1. A Perpetual Existence.

A corporation can exist as a legal body in perpetuity – which means that it has a limitless lifetime.

2. Easy Transferability or Sale of Shares.

In a corporation, shareholders are able to sell or transfer their shares to another individual, when they are no longer interested in their shares in the business.

3. Investor Friendly.

A corporation is the right business structure for businesses who desire to attract investors.

Source: Is Company Incorporation Right For your Business?