[varalpateam5@varaluae.com]

Client is already in the process of closing the company but he’s asking If he can transfer the company to some other person Instead? If yes, what’s the process and documents required since he has a buyer? What will the client do, what will the buyer do and what we will do from our end?

Additionally, does he need to close the company first before a new procedure in this case transfer the company to other buyer will happen?

[companyservices2@varaluae.com]

He can transfer the company to someone else.
1) identify who the new person is
2) the process is called amendment of license – where we change the owner / shareholder / director of the company by submitting the new owners documents
3) process time is as per the Jurisdiction
4) no need to close just transfer from one person to another

[Author]

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