Selling your company through a brokered sale of your existing s.r.o.

Selling a company is a suitable alternative for business owners considering winding up their business. It is a financially undemanding route by which a shareholder or director can generate a profit when exiting the business through the transfer of their ownership interest. This means the business owner no longer holds an ownership interest in the company or acts as its statutory body. The company’s registered office is also moved from the original address to a new one. Our role in this process is to find a suitable buyer for your company and handle the formalities involved in transferring the ownership interest.

Brokered sales of s.r.o. and other companies are available for firms that are free of any liabilities and whose accounts and legal affairs are in good order. Companies are sold exclusively to vetted clients who intend to continue the business properly.

Benefits of selling your company:

  • less time-consuming than dissolving the company
  • zero costs for transferring the ownership interest, compared with the dissolution route
  • the opportunity to make a profit from selling your ownership interest in the company
  • no need to search for a suitable buyer yourself
  • we handle all the steps involved in the change in the Slovak Commercial Register
  • both the transferring and the acquiring parties are vetted, helping to prevent complications that could arise after the company changes hands

Why sell your s.r.o., and how?

In practice, shareholders often decide to wind up or scale back their business and wish to sell the company.

Selling the company may be a more advantageous option than liquidation and dissolution. Slovak law therefore provides two different ways in which an s.r.o. can be sold to potential buyers: an agreement on the transfer of an ownership interest, and an agreement on the sale of an enterprise. Both are governed by the Commercial Code, and below we compare the two.

Under an agreement on the transfer of an ownership interest (share deal), the shareholder transfers their ownership interest to another person, who becomes a shareholder in their place. The original shareholder thus ceases to be a shareholder in the company and loses any rights to influence it. From the point of view of third parties (creditors, debtors and so on), however, nothing has changed, and they continue to deal directly with the company.

This method of sale is simpler and generally more advantageous for both parties. It is used mainly when selling small and medium-sized companies. We follow this route where your s.r.o. meets the “clean company” criteria set out above and we are able to identify a suitable successor.

Under an agreement on the sale of an enterprise (asset deal), the shareholder’s interest in the company remains untouched. The sale transfers ownership of the enterprise – that is, its receivables, liabilities, other assets, trading name and, in short, all the company’s rights and obligations – but not ownership of the company itself (or the interest in it).

The outcome of such an agreement is that the seller is left with an “empty” company with no obligations or liabilities. For third parties, however, there is a change, since following the sale of the enterprise another person steps into the relationship in place of the original company. The original owner of the enterprise remains liable to the company’s creditors for the discharge of its obligations.

This method is used mainly in more complex cases, particularly where a company comprises several enterprises or organisational units and the seller plans to sell only some of them. It can also be used when a sole trader is winding up their business and continuity of the enterprise’s activities needs to be preserved.