Share purchases & buybacks
In contrast to an Asset Purchase Acquisition, a Share Purchase is more onerous for a purchaser and advantageous to a seller. When acquiring a business by share purchase, the purchaser buys the entire share capital of the target and takes on the target company lock stock and barrel. This includes all liabilities of the target company and in particular the tax history. The purchaser’s legal protection is found in the warranties and indemnities that make up the main part of the share purchase agreement known as the SPA.
In terms of taxation, a seller may benefit from certain tax reliefs when the deal is structured as a share purchase. Our commercial team work with your professional advisers in order to maximise your tax position on acquisition.
PRACTICE AREAS
What our Clients say
“Rebecca Martin is for sure a golden star at AMD Solicitors! She was super-efficient with emails and always being on top of things. This has made the whole sales process extremely smooth, to the point that even I was surprised on how quickly it all finished, when you consider how many nightmare stories you read around the internet regarding conveyancing and slow responding solicitors etc.
I cannot recommend her and AMD enough!”
“Nick/Grant and team take care of a wide range of personal and corporate requirements and everytime we’ve worked with AMD they’ve been nothing short of fantastic.
Our most recent requirement was for our office premise leases to be renewed/amended whilst taking a new lease all at the same time all with very tight deadlines. This simply wasn’t a problem for Nick and he made sure everything was prepared in good time and ensured we were able to expand into our new premises without delay.
Would highly recommend the AMD team!”
August 2023
10/08/2023“Grant and Jack have worked extremely hard with our very tricky business sale, they have been polite and patient with us throughout the whole experience and successfully got us over the line, I would highly recommend these guys to anyone.
Thanks terry”
06/11/2023
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