If you are preparing for retirement, and operate a corporation or business, then retirement may not be as simple as any longer showing up for work. Especially if you have employees or ongoing contractual obligations, winding up or leaving your business can complicate or delay your retirement. Given the substantial amount of time and effort you have spent building up your business, you may also prefer that your business continue to operate after your departure. Our lawyers can assist you in preparing for your retirement so that you experience no unforeseen complications or difficulties in leaving your business.
Whether you choose to wind up your business or to transfer it to someone else, the assistance of a lawyer with a broad knowledge of business and corporate law is vital. Our lawyers can inform you of and guard against problems involving the transfer of your business, the transfer of corporate shares, the sale of business assets, employees, leases, ongoing general security agreements and other ongoing contracts.
At BARR LLP, our succession planning services focus on creating a comprehensive plan for the future of your business. Our expert lawyers will guide you through the complex process, addressing management transitions, tax implications, and ownership transfers to ensure a smooth and successful handover.
