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Wanting to Sell my Corporation

 
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Chawviv

posts: 1

Apr 13, 2009 4:33 PM ET    Quote  Report Abuse
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What do I need to do to sell my corp to another corp?
LSnyder

posts: 29

Apr 14, 2009 12:20 PM ET    Quote  Report Abuse
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Hello Chawviv,
 
It might be a good idea to consult with an attorney. 
 
The law firm I work for deals with business law.  Please drop me an email with your questions.
 
Lisa
stevens

posts: 54

Apr 28, 2009 5:51 PM ET    Quote  Report Abuse
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All the corporation needs to do is buy all the stock of the other corporation. It`s really not that hard to do. The buying corporation would then name new officers of the corporation and go from there.

There are a few legal and a lot of tax considerations that you may need to discuss with an accountant or attorney but the sale is pretty straight forward.

You can also write a purchase agreement to buy the corporation.

This is only my opinion but you have options.





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