ENTERPRISES FOR SALE

A corporate sale is the process by which the existing owner of a legal entity transfers shares or membership rights in the company to another person. Typically, the sale is of a limited liability company or an MB company, which can be either an existing company or a newly established company that is not yet in operation. Although the term is often changed to “sale of a business”, it means the same thing – the transfer of a legal entity to another owner.

This service is relevant for both those who have stopped their business and those who no longer plan to continue. The sale of a company helps you to get rid of administrative burdens, avoid further taxes and possibly recover part of your investment. At the same time, it is an excellent way for an entrepreneur to quickly start up his/her business without complex start-up procedures.

When is it worth selling a company?

The sale of a company becomes relevant when the company is no longer needed, but is still registered and well-maintained. One of the most common situations is when a company has been put on hold, but the owner does not want to liquidate it, simply because the process can be lengthy and require additional costs. In this case, the possibility of transferring the company to another entrepreneur is often sought.

Another common reason is a change of plans or business direction. For example, a person decides to go into self-employment, set up a different form of company or start a new company from scratch with completely different activities. Sometimes the sale of a company is part of a strategic reorganisation – where several companies are merged, split up or restructured.

Importantly, the sale of a company can at least partially recover the costs of setting up the company, both for the documents and for registration services. If you are wondering what to do with a company that is no longer active but is still in good order, a sale of companies becomes a rational and viable option.

Selling your company: step by step

Although it may seem like a complex process, the sale of a business can actually be quick and smooth if a clear process is followed and experienced partners are chosen. Here are the key steps:


1. The decision to sell.
The first step is for the business owner to decide on the sale of the company and to prepare to provide all the necessary information about the company.

2. Preparation of documents.
Gathering the company’s documents: articles of incorporation or contract, articles of association, list of shareholders, financial statement, extract from the Centre of Registers, VAT registration certificate (if applicable), as well as information about the bank account and the registered office.

If the company has a history of activity, additional financial documents are collected, such as invoices, bank statements, contracts and other documents relating to past activity.

3. Finding or brokering a buyer.
The seller can either search for a buyer himself or use an intermediary to help him find a reliable customer, prepare contracts and carry out preliminary checks.

4. Preparation of documents for the transfer of shares or membership rights.
Preparation of the share (in the case of an LLC) or member rights (in the case of an MB) transfer agreement, deeds of transfer of tangible assets and other necessary documents.

5. Notarial confirmation.
When more than 25% of the company’s capital is sold, the sale and purchase transaction must be notarised. This increases security and ensures legal transparency.

6. Updating data in the Centre of Registers.
After the transaction, changes are submitted to the Centre of Registers: details of the new manager and owners (shareholder or member). If the documents are submitted electronically, the process takes 1-3 working days.

All these steps are usually taken care of by the service provider. As a result, the sale of companies often takes place in just a few days.

What do I need to assess before selling my company?

In order to achieve a smooth business sale process, sellers need to consider a number of key aspects that make a company attractive to a buyer and minimise risks for both parties.


1. No arrears.
It is usually important to buyers that a company has no debts or outstanding obligations. However, it is possible to sell a company with liabilities, as long as they are clearly identified, documented and known to the buyer. In such a case, these liabilities can be assumed by agreement between the parties.

2. Good bookkeeping.
Sound accounting is a sign that a company has been managed responsibly. It enables the buyer to assess the state of the company more quickly.

3. VAT status.
For some buyers, buying businesses with a VAT code is an important option, as it allows them to immediately carry out activities related to the supply of goods or services.

4. Documentation of share or member ownership.
It is important to ensure that all shareholders or members agree to the sale and that there are no legal restrictions on the transfer of shares/membership interests.

5. Company reputation.
Whether the company has been in business, whether it has been involved in legal disputes – these are all things that buyers assess. If the company is new and has not been in business, the verification process is usually simple and short.

It is advisable to make an objective assessment of the company’s situation before signing the deal. Our team can assist with this process if required.
It is a good idea to objectively assess the state of the company before signing a deal – we can assist with this process if required. This helps to avoid misunderstandings in the future.

Which is the easiest company to sell?

The easiest companies to sell are those that are clearly structured, free of liabilities and ready to start operations immediately. These are usually recently registered limited companies or limited liability partnerships which have not yet been in business and have no financial or legal history.

For buyers, it is important that the company already has a share capital, a registered address and a bank account. Companies for sale with a VAT code are also attracting a lot of attention, as this option allows immediate trading activities, especially for business with suppliers or partners in the European Union.

In terms of legal form, the limited liability company is generally considered the more common choice, especially when it comes to planned business expansion or attracting investors. Meanwhile, the sale of an MB is usually relevant for those looking for a simpler management model and who do not want to form a share capital. The MB form is suitable for both small-scale individuals and larger-scale businesses that are interested in flexible profit distribution, simplified incorporation procedures and the possibility to work individually while protecting their personal assets.

How much does it cost to sell a company?

The sale price of a company depends on a number of key factors: whether the company is new or has a history of activity, whether it is registered for VAT, its financial performance, and whether additional services are required (e.g. correction of documents, consultancy, change of registered office).

The standard service package usually includes the preparation of the sale and purchase documents, the change of manager and shareholder, the registration of data with the Registry Centre and advice. While the amount of the fee paid to the Registry Office remains the same, the final price of the service is mainly determined by the company’s condition, the licences held, historical financial performance and the overall complexity of the sale process.

In most cases, the price also covers the entire mediation process, from the preparation of the documents to the procedures of the Registry Centre. The final amount depends on the type of company, its VAT status, its operating history or specific licences. The price for a newly established company on Baulera.lt usually starts at €450, while for a company with VAT status, licences or a more complex structure, the price ranges from €1,000 to €5,000 or more. This price covers not only the company itself, but also all the necessary steps and documents, from incorporation to transfer, including government fees and advice.

It is always a good idea to check in advance that the price is inclusive of all taxes to avoid any problems in the final stages of the transaction. Transparent pricing is another important factor for a smooth and trusting transaction.

Mediation in the sale of a company

Mediation is particularly useful for those who want to sell their company quickly and without hassle. Professional intermediaries not only help you find reliable buyers, but also ensure that all documents are drawn up accurately and legally. They can carry out checks on the company’s reputation and financial situation, coordinate negotiations between the parties, organise notary services and provide the necessary information to the Registry Centre.For the seller, this means not only saving time and energy, but also a greater sense of security.

Why trust Baulera.lt?

Divestitures are a process where not only speed, but also legal precision is important. Every document, every detail of the contract must be flawlessly drafted to ensure a legal and smooth transaction. By choosing trusted professionals, you ensure that the company will be transferred to the new owner without legal or financial burdens.

The Baulera.lt team takes care of everything from drafting documents to legal representation and updating the information of the Registry Centre. Our experience and responsibility guarantee that the sale of the company will be without risks and surprises. Contact us – we will help you make sure everything is done right from the first step to the last.