How to transfer business to another person in case of death of sole proprietorship
3 years ago
In case of sudden death of owner of sole proprietorship firm owner, how can we transfer business to another family member (wife or son). What kind of agreement would we need to get executed and what would be the complete process. And what do we need to do with GST?
Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
You will first have to obtain a legal heir certificate from the Sub-Registrar's office. We will be happy to help you with the process.
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You will first have to obtain a legal heir certificate from the Sub-Registrar's office. We will be happy to help you with the process.
If you found this helpful, please rate us.
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A.Hi,
A legal heir certificate is the first thing to obtain. The deeds to the business can be mutated to the family's name later.
If you found this helpful, please rate us.
A legal heir certificate is the first thing to obtain. The deeds to the business can be mutated to the family's name later.
If you found this helpful, please rate us.
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