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Ownership process

The transfer of ownership usually comprises four steps:

Choosing an ownership transfer model

Consulting experts

Choosing from the available solutions

Approval and implementation

  • During the first step, the current owner determines the most suitable ownership transfer model: using a family transfer as an example, will all the children receive an equal number shares even if they are not all involved in running the company? In the case of a transfer to an unrelated third party, will the owner-manager retain some shares?
  • The second step is consulting experts, because the financial, tax and legal issues involved in the transfer of ownership are important and often complex. The issues are linked to regulatory considerations that must be followed to the letter. It is important to note that it could prove to be very beneficial to consult these experts as early as the first step of the process.
  • Over the course of the third step, the diverse solutions are examined in light of the expert advice received, the various possibilities and the prevailing constraints of the circumstances. After this, decisions are made. A timeline is agreed upon.
  • The fourth step is concluding an agreement and implementing the decisions. The signing of the documents sets the transfer of ownership in motion. The timing of this step can be very short, or it can be many years.