What is a commercial transfer?

Transfer is the transfer of ownership of a commercial business from one entrepreneur to another. This transfer of an asset from one person to another is carried out through a transfer contract, which defines the value of the transaction, as well as all the tangible and intangible assets and rights:

• still;
• equipment;
• goods;
• furniture;
• existing money;
• exclusive use of the brand;
• name of the establishment;
• invention patents;
• industrial property rights or resulting from contracts.

Requirements for a Commercial Transfer

In addition to the monetary investment, there are a number of requirements without which it is not possible to carry out a transfer:

• The transfer of the business must be final;
• The new owner acquires the premises and all the essential elements for running the business (employees, furniture, goods, etc.);
• The business area must remain the same;
• A written document must be formalized;
• The landlord must be notified.