Many people believe that any business can buy and sell. However, according to current law, only a private company can sell the whole enterprise. For a joint stock company, the main form of purchase and sale to gain control of an enterprise shall be the mode of share transfer. As for the sale and purchase of limited liability companies, the transfer of capital contribution is made in the company.
Today, the need to buy and sell businesses is increasing. This represents a dynamic economy, but businesses need to be very careful in this and necessarily discuss with lawyers who have extensive experience in legal consultancy for businesses.
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