Legal aspects and tax rules

Legal aspects and tax rules (1 min 25 s)

Added on January 15, 2016

Description

Did you think about all the legal and tax implications of your business transfer? Desjardins is there to help you.

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Legal aspects and tax rules (1 min 25 s)

Added on January 15, 2016 | Business

Note: The information between brackets describes the visual and audio content of the video that is not dialogue or narration.

[On-screen text: Plan today for a successful business transfer tomorrow.]

[On-screen text: Legal aspects and tax rules]

Narrator: You built your company with your own two hands and you're proud of it. But have you planned out how you're going to transfer or sell it?

[On-screen text: 57% of SMEs will change ownership in the next 10 years.]

Desjardins has developed complete tools to help simplify this process for you. You can count on our expertise to assist you every step of the way in a business transfer.

[On-screen text: Seller and buyer
1. Assessment of current situation
2. Vision of the future
3. Business valuation
4. Transfer scenarios
5. Transfer plan
6. Financing
7. Continuity and retirement]

[On-screen text: Business transfer process and management:
Business valuation
Legal aspects
Tax rules
Financing
Accounting]

For example, from a legal standpoint, do you know what to do to avoid costly errors?

[On-screen text:
Legal aspects:
Confidentiality agreement
Letter of intent
Due diligence
Purchase offer/agreement
Purchase contract]

And what documents have to be signed, when and by whom?

Taxes are also an important part of selling a business.

How can you minimize your tax impacts?

[On-screen text: Tax rules]

We'll be there to help you answer all these questions.

Plus, you can count on our guidance at every step of the way when transferring or buying a business, including choosing outside professionals, regardless of whether or not you're a Desjardins member.

To find out more about the Desjardins guidance process for business transfers, watch our 2 other videos today.

[On-screen text:
Business transfer and valuation process
Financing and accounting]

[On-screen text: Desjardins Business. Cooperating in building the future.]