generational change. In the background are the former leaders of the company and in the foreground are the new successors

Change of ownership

Satakunnan Yrittäjät organizes generation and ownership change services in cooperation with Prizztech Oy and Merikarvian with the municipality. Companies are guided, among other things, in planning the sale and purchase of a company, preparing for a generational change, and winding down business operations. The service also includes a survey of the company's situation. We will also provide you with information on the basic rules of taxation and valuation related to the change, as well as guidance to an expert for further action. Satakunnan Yrittäjät serves all companies in our municipality free of charge and with absolute confidentiality.

Checklist for changing company ownership

  1. Start planning early: It's a good idea to start preparing for a change of ownership well in advance, even years in advance. This way, all the details will be noted.
  2. Financing is important – it is worth contacting your bank right from the start and To Finnverafrom which you can receive support.
  3. Assess the value of your company. Make a realistic estimate of the value of your company. Finnvera offers valuation services, such as valuation calculatorThe Finnish Confederation of Entrepreneurs offers a free confidentiality model that is useful in merger and acquisition negotiations.
  4. Prepare your company for sale. Make sure your company's financial figures, contracts, and other important documents are up to date and in order.
  5. Use expert help if necessary: ​​You can get good expert help from, for example, lawyers, accounting firms or business brokers. Help is provided by Satakunnan Yrittäjät.
  6. Pay attention to taxation: There are tax-related details involved in a change of ownership, such as capital gains taxation and possible tax breaks. From the Tax Administration website There are instructions and forms regarding the taxation of a change of ownership. It is worth consulting a tax expert.
  7. Create a clear contract. Make it written. trade agreement, which defines the terms, responsibilities and schedules of the transaction. You can get help from law firms on these topics.
  8. Report to the authorities. Remember to make the necessary reports. to the tax administration, to the trade registerThe Finnish Patent and Registration Office (PRH) provides instructions and forms for making notifications.

If you have any questions, don't hesitate to contact us!

Go to Satakunnan Yrittäjä's services related to change of ownership

The entrepreneurs of the Koivuniemi Herran Farm Tourist Farm in Kuvan are expanding their operations in new premises. MerikarviaThe family business's fourth decade begins with a generational change under the leadership of Frans and Miina Koivuniemi at the old Harju farm. The farm has many stories and a lot of history, from the crown prince's ranch to the legendary dance venue Merikievari.