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.
What our Clients say
“AMD Solicitors recently assisted with the creation of a Will for myself. Their Private Client team were fantastic throughout the whole process. The initial meeting was able to be conducted over video call, during which they were able to answer various questions I had and advise as to the appropriate action to take. Subsequent correspondence was clear and prompt, I particularly appreciated the practical advice in relation to the witnessing of documents whilst under lockdown arrangements. I would not hesitate to recommend AMD Solicitors to others, keep up the good work!”25/02/2021
“I have nothing but praise for Laura Wilkinson and Jo McGrath at AMD. We used AMD’s conveyancing services for the purchase of our first house (no chain). A stressful time for anyone, for us it ended up being really complex mostly because of our lender. Towards the end of the process, this became really stressful and caused us a lot of issues, and AMD a lot of work. I always felt that Jo and Laura were on my side though, and that they were pushing things forward. Whenever I asked for updates I would get a response the same or next day.
AMD’s pricing was a little higher than other quotes I got, but I am happy with my choice. Although Laura did have some annual leave over the course of our purchase, she made sure someone was covering for her in her absence.
I would recommend to anyone in the Bristol area for conveyancing, and wider areas where a local solicitor is not required, and will use AMD again in future”04/11/2021
“Rosie Nowak and her team were helpful, friendly, and professional throughout the process. They answered questions promptly and worked hard on my behalf to deal with all the issues that arose, as well as offering advice where appropriate. I am happy to recommend AMD for conveyancing services”.
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