Selling a limited company
Selling your limited company can be the biggest deal you make as an entrepreneur. With good planning, you can avoid many problems.
When you sell your shares in a limited company, it's a completely private matter between you and the buyer. It is therefore not handled by the Companies Registration Office. However, the company usually must notify the Swedish Companies Registration Office of a change in the board and perhaps the address to the Swedish Tax Agency after the sale.
Important parts of a change of ownership
A change of ownership involves several different phases. If you start the planning in time, you will be in control of the process. In this section, we consider the most important aspects of a change of ownership.
- Motive: review why and how much of the company you want to sell.
- Buyers: define the types of buyers you have in mind and how the purchase will be financed.
- Advisors: use qualified advisors who can make objective assessments.
- Structure: review your business's organisation and routine, so that it doesn't depend on you. A well-managed company will also be more attractive to buyers.
- Future: think about your role after the sale, check the tax implications and make sure you have funds to live on when you retire.
Always be careful whom you make a deal with when selling your business.
Be careful when selling or closing your business - Companies Registration Office (in Swedish)
Selling a limited company - Swedish Tax Agency (in Swedish)