Sell my business in Portugal

As long as you are pondering: “How to sell my business in Portugal?”– you have come to the proper site! Farewell with an enterprise is not easy. Some businessmen plan the exit from the first day of making an entity, but the others have to do it due to circumstances.

Selling my Business in Portugal: What must be taken into account?

Here’s the vital notes you have to know when making your organization ready for sale:

• Consider that the procedure can consume some time;
• Figure out the reason of selling;
• Be organized and clearly plan the whole process of selling;
• Be aware of tax regulations of the state;
• Accurately evaluate an entity.

Direct selling business opportunities in Portugal

Direct selling business in Portugal presents such advantages:

• More lucrative option, since you do not have to spend extra fees on brokers and so on;
• Flexibility and commanding position over your enterprise;
• An opportunity to build direct relationships with the clients;
• The absence of intermediaries can speed up the procedure.

Direct sales are compelling for small enterprises, family enterprises (if you want to transfer enterprise to your child or other relative), and for companies in niche markets.

This type of sale will help you to conduct an affair smoothly and prosperously.

How to sell a small business in Portugal 

Here’s the guidance:

1. Define the reasoning of selling;
2. Choose the perfect time for selling the enterprise;
3. Inspect local tax regulations;
4. Gather all compulsory papers (to prove that your entity is in order);
5. Use the assistance of a specialist; 
6. Obtain a valuation of your small organization;
7. Look for the acquirers;
8. Convey the possession of an entity;
9. Manage your gain.

By considering all these stages, you will be able to conduct the transferring of your small enterprise prosperously.

How to sell a business idea in Portugal

Here’s the guidance that will assist you with prosperously transferring your idea:

1. Begin with a detailed plan;
2. Figure out more facts about your audience;
3. Make clear and concise pitch (be truthful and confident);
4. Expect questions and criticism;
5. Show a concise plan for funds;
6. Built trustworthy relationships with feasible acquirers;
7. Be ready for further appointment with investors after the pitch;
8. Be prepared for negotiation.

By completing these stages, you will be able to transfer an idea prosperously.

Tax implications when selling a business in Portugal

Kinds of taxes you are obliged take into account prior to sell a firm:

• IRS: you are obliged to pay it on the boost of profit you have earned. This pertains to inconsistency between the sale value and book value of the organization;
• IMT: it is imposed on the conveying of property for consideration. As long as you sell the firm (with assets included), the acquirers is obliged to pay IMT on the value of conveyed real estates;
• IS: it is imposed on particular acts and agreements. If you sell a firm, you must pay IS on the value of the conveying of stocks, especially the quotas or stocks kept in an organization.

Selling a business in Portugal must be implemented clearly and without difficulties, this is why you have to take into account that tax implications should always be checked: hiring a local tax specialist is mandatory for smooth and clear procedure.

Do I need expert instruction if I want to sell my business in Portugal?

Advertising of the entity is a sophisticated decision that requires patience and stamina. Taking into account that trading regulations differ within cities, navigation of specialists is what you need for an effortless and smooth sales operation.