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Affidavit of Residency for Sale of Business | Canada
Selling shares or assets of a Canadian business? Provide the purchaser with this Affidavit of Residency of Vendor.
- The Affidavit is made under section 116 of the Income Tax Act (Canada).
- The Affidavit must be sworn by either the vendor (if an individual) or a corporate officer (if the shares being transferred are owned by a company).
- The vendor attests that it is not a non-resident of Canada, as that term is defined in the Income Tax Act.
- This free form is provided in MS Word format. Easy to download, print and fill in.
- Intended for use only in Canada.
$0.00
Broker Contract for Sale of Business
Prepare an Agreement for Sale of Business between a business broker and a client with this fully editable template.
- The broker will list the business for sale, identify potential buyers and act on behalf of the seller to complete a sale.
- The broker's commission rate will be calculated as a percentage of the sale price or a minimum fixed rate, whichever is more.
- The seller grants the broker a lien over the business assets until the commission is paid in full.
- The parties agree to arbitration in the event of a dispute.
- This template includes a confidentiality agreement which potential buyers must sign before reviewing confidential business information of the seller.
- Available in MS Word format, easy to use and customize.
- This is a generic form that can be used in many jurisdictions.
$29.99
Negotiating Price for Sale of Business Over $1 Million
This information package and checklist is for you if you're planning to buy or sell a business in Canada that is valued in excess of $1 million.
- Learn how to reach a common understanding so you can make the best possible deal for both parties.
- Value and price are not the same thing.
- A comparison of asset sales vs. share sales.
- Different methods of evaluation.
- How goodwill can be evaluated.
- How to calculate normalized sustainable future earnings.
- How to assess the buyer's risk.
- Recasting historical numbers and predicting future numbers.
- How to bridge the gap by sharing the risk, the burden and the tax shield.
- The information applies equally to share sales and asset sales.
The most difficult issue in negotiating the purchase or sale of a business is negotiating price. Download this package and learn the ins and outs of successful price negotiations from an expert.
$29.99