Our “Sell Your Company Shares” service provides a streamlined and efficient solution for individuals looking to sell their company shares. Whether you want to sell the entire business or just a portion of it, we offer comprehensive support throughout the process. Here’s how it works:
- Payment: To initiate the process, there is a fixed fee of 300BD plus 10% VAT. This covers the initial administrative costs associated with the service.
- Gathering Information: After payment, we will schedule a phone call to discuss the details of your business and understand your specific requirements. We will request all relevant financial reports, including audits if available, current staff payroll details, the current rent agreement, the last electricity and water authority (EWA) bill, and a list of assets along with their purchase dates and prices (preferably with invoices).
- Detailed Consultation: Based on the information provided, we will conduct a thorough analysis of your business. We may reach out to you for further clarification and additional details to ensure a comprehensive understanding of your company.
- Listing and Promotion: Once we have a clear understanding of your business, we will create a detailed listing on our website at [website link]. This listing will include relevant information about your company, its industry, financial performance, assets, and any other pertinent details. We will also arrange for professional photoshoots to showcase your business in its best light. Additionally, we will utilize our social media channels to promote your business and attract potential buyers.
- Finding a Buyer: We will actively search for potential buyers who are interested in acquiring your company shares. Our experienced team will engage in negotiations and facilitate communication between you and the interested parties. We will handle the entire process with professionalism and confidentiality.
- Sales Commission: If we successfully find a buyer for your company shares, we charge a sales commission of 8% of the total sale value, plus 0.8% VAT. For example, if the total sale amount is 100,000BD, our commission would be 8,800BD (including VAT). This commission covers our efforts in facilitating the transaction, ensuring a smooth process, and providing the necessary support.
- Due Diligence and Handover: Once a buyer is identified, we will conduct due diligence to verify the information provided and ensure a seamless transition. We will draft the necessary agreements and contracts, including a handover document that outlines the transfer of ownership from the old to the new owners. Our team will guide you through the legal procedures and assist with the company registration process.
- Payment: As per our agreement, we will pay you 30% of the total sale amount as an advance payment. This provides you with immediate financial liquidity. The remaining balance will be paid to you once the company registration process is complete.
At Enchantment, we understand the importance of a smooth and efficient sale process. With our “Sell Your Company Shares” service, we aim to maximize the value of your shares and facilitate a successful transition. Let us handle the complexities while you focus on your next venture.