Know What Is Worth Paying For Your Tomorrow.

丞瀛 Cheng Ying
Home
About You & FiNSEED
Globalised Immigration
  • Immigration Choices
  • Functional Passport
Company Secretary
  • Funding
  • Banking & Financing
  • Audit & Tax Filing
  • Secretarial Services
Business Investment
  • Business Takeover
  • Mergers & Acquisitions
  • Factory Setup
Industries
Life Investment
  • Journey with Asia Miles
  • Overseas Property
  • Overseas Education
  • Medical Scheme
Insights from FiNSEED
Forms & Download Centre
Payment Options
Work With Us
丞瀛 Cheng Ying
Home
About You & FiNSEED
Globalised Immigration
  • Immigration Choices
  • Functional Passport
Company Secretary
  • Funding
  • Banking & Financing
  • Audit & Tax Filing
  • Secretarial Services
Business Investment
  • Business Takeover
  • Mergers & Acquisitions
  • Factory Setup
Industries
Life Investment
  • Journey with Asia Miles
  • Overseas Property
  • Overseas Education
  • Medical Scheme
Insights from FiNSEED
Forms & Download Centre
Payment Options
Work With Us
More
  • Home
  • About You & FiNSEED
  • Globalised Immigration
    • Immigration Choices
    • Functional Passport
  • Company Secretary
    • Funding
    • Banking & Financing
    • Audit & Tax Filing
    • Secretarial Services
  • Business Investment
    • Business Takeover
    • Mergers & Acquisitions
    • Factory Setup
  • Industries
  • Life Investment
    • Journey with Asia Miles
    • Overseas Property
    • Overseas Education
    • Medical Scheme
  • Insights from FiNSEED
  • Forms & Download Centre
  • Payment Options
  • Work With Us

  • Home
  • About You & FiNSEED
  • Globalised Immigration
    • Immigration Choices
    • Functional Passport
  • Company Secretary
    • Funding
    • Banking & Financing
    • Audit & Tax Filing
    • Secretarial Services
  • Business Investment
    • Business Takeover
    • Mergers & Acquisitions
    • Factory Setup
  • Industries
  • Life Investment
    • Journey with Asia Miles
    • Overseas Property
    • Overseas Education
    • Medical Scheme
  • Insights from FiNSEED
  • Forms & Download Centre
  • Payment Options
  • Work With Us

Buying A Business

When a person buys a business, they typically buy only the assets of that business. That includes stock, machinery and goodwill. They are not required to purchase that business’ liabilities. 


Of course, in some purchase agreements, a purchaser agrees to buys assets at a price that reflects a reduction for pre-existing liabilities.   


For a transfer of business to be complete, the pre-existing employment arrangements between the old employer and employees need to be terminated. However, the purchaser must employ at least one employee within three months for the transfer to become completed. If the buyer wants to transfer employees, all employees need to make new agreements with the purchaser.


Also, purchasing the assets of a business can sometimes mean having to get the approval of third parties. For example, a contract to exclusively distribute a product could require the consent of the other contracting party before assignment to the buyer. 


Regarding necessary due diligence, purchasing a business is not necessarily easier than buying a company.

If you buy a company, you purchase the shares in that company. As a legal person, the company itself remains the same. The buyer acquires everything through the shares including assets, liabilities and tax obligations. Significantly, you also purchase the risk of litigation against the company. 


You need to make sure all due diligence is done and done well. You must review all contracts to identify any change of control clauses. These terms allow parties to decide if they would like to continue the pre-existing business arrangement in the event of a change in ownership. You will need to know what these clauses mean for you.  New employment contracts are not necessary, and the existing employee structure can remain the same

Learn more

Are you ready to get started?

Whether you buy a business or company, you will need experienced and professional assistance.

Getting advice at the outset could very well help you to avoid difficulties later on. 

Contact FiNSEED to assist you. Questions? Call or Email us.

FiNSEED - Your Personal Consultant

E: info@finseedglobal.com T: +852 2468 2819


  • Forms & Download Centre
  • Payment Options
  • Our Locations
  • Cookies Policy
  • Term of Use

Copyright © 2025 FiNSEED Global