Selling share capital of an Public Limited Company (AB) in Lithuania
In Lithuania, the sale of share capital in a Public Limited Company (Akcinė bendrovė) is an important business choice that influences the company’s ownership structure, financial health, and future activities. Whether your goal is to raise funds, introduce new partners, or transfer ownership, it is essential to understand the legal and regulatory environment. Our team of specialists offers the support needed to ensure that the sale of share capital in your Public Limited Company adheres to Lithuanian laws and aligns with your business goals.
Process of selling share capital in a Public Limited Company
The process of selling shares in your Lithuania Public Limited Company consists of several steps aimed at ensuring adherence to legal and regulatory standards. Our team of legal and financial professionals will assist you at every step, offering tailored support and facilitating a seamless and compliant transaction.
Evaluating the sale of shares
Prior to selling shares, it’s essential to evaluate your company’s current financial status and the possible consequences of the sale. Our accountants and advisors will help you analyze your equity structure along with the advantages and risks linked to selling share capital. We collaborate closely with you to discover the most suitable strategy for achieving your company’s financial and ownership objectives.
Legal compliance and regulatory requirements
Lithuania has particular laws that oversee the sale of shares in Public Limited Companies. Our legal professionals will make sure that your transaction complies with all applicable laws and regulations. We will assist you in navigating the legal processes to ensure complete adherence, from obtaining shareholder approvals to drafting contracts.
Shareholder communication and consent
Typically, obtaining approval from current shareholders is necessary for selling share capital. We assist you in handling this procedure by creating effective communication plans, informing shareholders about the intended sale, and promoting open discussions. Our aim is to preserve shareholder confidence and ensure a seamless decision-making process.
Shareholder meetings and resolutions
Set up meetings with shareholders to secure their consent for the share sale. Our team will support you in coordinating and overseeing the shareholder meeting, preparing essential documents like resolutions, and making sure that all procedural obligations are met in accordance with Lithuania corporate law.
Documentation for share sale
Selling shares in a Public Limited Company necessitates thorough preparation of legal documents, such as the share purchase agreement, revised articles of association, and resolutions. Our legal team will create and assess all required documents, making sure they comply with Lithuanian corporate regulations and are legally valid.
Filing and registration
Once the sale is complete, it is important to report the transaction to the relevant authorities in Lithuania. We take care of the document submission to ensure that your transaction is recorded correctly and without delay, preventing possible legal issues or setbacks.
Implementation and compliance monitoring
After the sale is finalized, we offer continuous support to guarantee adherence to the new ownership framework and financial regulations. Our team will help you oversee the transition, update company records, and ensure compliance with regulations during the period following the sale.
Methods for selling share capital
In Lithuania, there are various approaches to selling share capital in a Public Limited Company. Our team of legal and financial professionals can assist you in choosing the best method tailored to your company’s requirements.
Direct sale of shares
A simple sale of shares entails the transfer of ownership between shareholders. Our legal and financial advisors help create the required agreements, guarantee adherence to regulations, and streamline the transaction effectively.
Partial share sale
If you intend to sell a portion of your shareholding, we are here to assist you with the partial share sale process, offering our expertise in drafting contracts that align with your objectives while facilitating a seamless transaction.
Sale to existing shareholders
In numerous situations, current shareholders might have the option to purchase shares in a Public Limited Company before others. We help you understand shareholder agreements and oversee the sale process with existing shareholders, making certain that all rights and responsibilities are upheld.
Sale to third parties
When selling shares to an outside entity, there are extra factors to consider, such as due diligence and regulatory approvals. Our team assists you in navigating the intricacies of third-party share sales by conducting comprehensive due diligence, drafting contracts, and making sure that all legal and financial requirements are fulfilled.
Tax implications and financial considerations
Transferring share capital may result in tax ramifications for both the seller and the buyer. Our team of accountants and financial specialists will guide you through the tax impacts of the transaction, enabling you to enhance the financial details of the sale. We make certain that all essential filings are completed and that the sale is arranged in a way that maximizes tax efficiency.
Contact us for professional assistance
If you are thinking about selling share capital in your Lithuania Public Limited Company, contact our team of skilled legal and financial experts. We provide complete support throughout the entire process, including initial planning, acquiring shareholder approvals, and final registration and compliance. With our professional guidance, you can sell your shares confidently, facilitating a smooth, legally compliant, and financially advantageous transaction.