The Contract For Sale Of Business is a crucial document used when transferring ownership of an entire business operation in Belgium. It is essential for transactions involving the sale of going concerns, whether through asset or share transfers, and must comply with Belgian legal requirements and EU regulations. This document is particularly important as it needs to address specific Belgian law considerations, including mandatory employee protection provisions, tax implications, and corporate governance requirements. The agreement typically includes comprehensive details about the business being sold, purchase price mechanisms, warranties, and various schedules detailing assets, contracts, and employees. It serves as the primary transaction document that governs the rights and obligations of both the seller and purchaser throughout the sale process and post-completion period.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the Seller and Purchaser with full legal details
2. Background: Context of the transaction and brief description of the business being sold
3. Definitions and Interpretation: Defined terms and rules of interpretation for the agreement
4. Sale and Purchase: Core transaction terms including what is being sold and excluded from the sale
5. Purchase Price: Purchase price, payment terms, and any price adjustment mechanisms
6. Completion: Timing and mechanics of completion, including conditions precedent
7. Pre-Completion Obligations: Seller's obligations regarding business operation between signing and completion
8. Completion Deliverables: Documents and items to be delivered at completion by each party
9. Employee Matters: Treatment of employees, including transfer of employment contracts per Belgian law
10. Warranties: Seller's warranties about the business, its assets, and operations
11. Warranty Limitations: Limitations on warranty claims including time limits and financial caps
12. Tax Matters: Tax-related provisions, indemnities, and allocations of responsibility
13. Confidentiality: Obligations regarding transaction and business confidentiality
14. Non-Competition: Restrictions on Seller's competing activities post-completion
15. Notices: Process for formal communications between parties
16. General Provisions: Standard boilerplate clauses including governing law and jurisdiction
1. Real Estate: Required when business premises are owned rather than leased, covering property transfer specifics
2. Intellectual Property: Detailed IP provisions when the business has significant IP assets
3. Environmental Matters: Required for businesses with environmental risks or compliance obligations
4. Data Protection: Detailed GDPR compliance provisions when significant personal data is involved
5. Bank Guarantees: When purchase price includes guaranteed elements or deferred payments
6. Earn-out Provisions: When part of purchase price is contingent on future performance
7. Transitional Services: When Seller will provide services to Purchaser post-completion
8. Pensions: Required when business has significant pension obligations
1. Business Description: Detailed description of the business being sold
2. Assets Schedule: Comprehensive list of assets included in the sale
3. Excluded Assets: List of assets specifically excluded from the sale
4. Employee Information: Details of transferring employees and their employment terms
5. Properties: Details of owned or leased properties
6. Material Contracts: List and copies of key business contracts
7. Intellectual Property: Schedule of owned and licensed IP rights
8. Warranties: Detailed warranties about the business
9. Completion Deliverables: List of documents and items required at completion
10. Permitted Encumbrances: List of permitted liens and encumbrances on assets
11. Tax Computations: Relevant tax calculations and allocations
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Retail
Technology
Professional Services
Healthcare
Hospitality
Construction
Real Estate
Financial Services
Transportation
Energy
Telecommunications
Media
Entertainment
Agriculture
Education
Relevant Teams
Legal
Finance
Human Resources
Corporate Development
Mergers & Acquisitions
Tax
Compliance
Operations
Commercial
Risk Management
Strategy
Executive Management
Relevant Roles
Chief Executive Officer
Chief Financial Officer
General Counsel
Corporate Lawyer
Legal Director
Business Development Director
Mergers & Acquisitions Director
Finance Director
Tax Director
Human Resources Director
Operations Director
Company Secretary
Commercial Director
Risk Manager
Compliance Officer
Integration Manager
Find the exact document you need
Offer To Purchase Home
A Belgian law-compliant document presenting a formal offer to purchase residential property, stating price and conditions under Belgian property regulations.
find out more
New Home Construction Purchase Agreement
Belgian law-governed agreement for new home construction and purchase, complying with the Breyne Act and regional regulations.
find out more
Horse Purchase Contract
Belgian law-governed agreement for horse purchase and sale, ensuring compliance with local and EU equine regulations.
find out more
Source Code Purchase Agreement
Belgian law-governed agreement for the transfer of software source code ownership and rights, ensuring compliance with EU and local regulations.
find out more
Automobile Purchase Agreement
A Belgian law-governed agreement for the sale and purchase of automobiles, ensuring compliance with local and EU regulations while protecting both parties' interests.
find out more
Used Car Purchase Agreement
A Belgian law-governed agreement for the sale and purchase of used vehicles, ensuring compliance with local regulations and consumer protection laws.
find out more
Car Purchase Contract
Belgian-law governed agreement for vehicle sale and purchase, ensuring compliance with local regulations and EU directives.
find out more
Car Sale By Owner Contract
A Belgian law-compliant contract for the private sale of a motor vehicle between two parties, incorporating all necessary legal requirements and protections under Belgian federal and regional regulations.
find out more
Offer To Purchase Agreement
A Belgian law-governed agreement outlining a formal offer to purchase real estate property, including essential terms and conditions required under Belgian legislation.
find out more
Auto Purchase Agreement
A Belgian law-governed agreement for the sale and purchase of a motor vehicle, detailing terms, conditions, and statutory requirements.
find out more
Second Hand Car Purchase Agreement
Belgian law-compliant agreement for second-hand vehicle sale and purchase, including mandatory Car Pass and consumer protection provisions.
find out more
Model Asset Purchase Agreement
A Belgian law-governed agreement template for the purchase and sale of business assets, including comprehensive terms and conditions for asset transfers.
find out more
Conditional Purchase Agreement
A Belgian law-governed agreement establishing terms for a purchase subject to specific conditions, incorporating civil law requirements and commercial regulations.
find out more
Auto Purchase Contract
A Belgian law-governed contract for the sale and purchase of motor vehicles, detailing transaction terms and ensuring regulatory compliance.
find out more
Artwork Purchase Agreement
A Belgian law-governed agreement for the sale and purchase of artwork, incorporating local art market regulations and civil law requirements.
find out more
Standard Purchase Agreement
A Belgian law-governed agreement setting out terms and conditions for the sale and purchase of goods or services, incorporating key requirements under Belgian commercial and civil law.
find out more
Sales Agreement For A Car
A Belgian law-governed agreement for the sale and purchase of automobiles, incorporating local regulatory requirements and EU consumer protection provisions.
find out more
Mobile Home Park Purchase Agreement
Belgian law-governed agreement for the purchase and sale of a mobile home park, including property transfer and operational aspects.
find out more
Final Purchase Agreement
A Belgian law-governed agreement that finalizes the terms and conditions of a purchase transaction between parties, including all essential elements of the sale.
find out more
Domain Purchase Agreement
A Belgian law-governed agreement for the transfer of domain name ownership, detailing purchase terms and transfer procedures.
find out more
Buy In Agreement
A Belgian law-governed agreement establishing terms for a new party's investment or entry into an existing business, including purchase terms, conditions, and governance rights.
find out more
Used Vehicle Purchase Agreement
Belgian law-compliant agreement for used vehicle sales, incorporating mandatory Car-Pass requirements and consumer protection provisions.
find out more
Hydrogen Purchase Agreement
Belgian law-governed agreement for the commercial sale and purchase of hydrogen, including technical specifications, delivery terms, and pricing mechanisms.
find out more
Flat Purchase Agreement
A Belgian law-governed agreement for the sale and purchase of a residential flat, incorporating mandatory property transfer requirements and co-ownership provisions.
find out more
Token Purchase Agreement
Belgian law-governed agreement for the purchase and sale of digital tokens, incorporating EU and Belgian regulatory requirements.
find out more
Forward Purchase Contract
A Belgian law-governed agreement for the future purchase of goods or assets at a predetermined price and date, incorporating Belgian civil and commercial law requirements.
find out more
Corporate Purchase Agreement
A Belgian law-governed agreement establishing terms and conditions for corporate purchasing arrangements between businesses.
find out more
Equipment Purchase And Installation Agreement
Belgian law-governed agreement for equipment purchase and installation, combining supply and installation services in compliance with local technical and safety regulations.
find out more
General Purchase Agreement
Belgian law-governed framework agreement setting out terms and conditions for recurring purchase transactions between buyer and seller.
find out more
Buyer Contract Agreement
A Belgian law-governed agreement establishing terms and conditions for purchase of goods or services, outlining rights and obligations of buyer and seller.
find out more
Offer Agreement
A Belgian law-governed Offer Agreement that formalizes business offers and their acceptance conditions.
find out more
Goods Purchase Agreement
Belgian law-governed agreement setting out terms and conditions for the purchase and sale of goods, compliant with Belgian and EU regulations.
find out more
Bond Purchase Agreement
A Belgian law-governed agreement establishing terms and conditions for the purchase and sale of bonds, ensuring compliance with Belgian and EU financial regulations.
find out more
Pre Purchase Agreement
A Belgian law agreement establishing preliminary terms and conditions for a future purchase transaction, including due diligence and exclusivity provisions.
find out more
Purchase Of Service Contract
A Belgian law-governed agreement for the procurement of services, establishing service scope, performance standards, and mutual obligations between provider and customer.
find out more
Bond Transfer Agreement
A Belgian law-governed agreement documenting the transfer of bonds between parties, including transfer terms, payment provisions, and regulatory compliance requirements.
find out more
Security Purchase Agreement
A Belgian law-governed agreement for the sale and transfer of securities, complying with Belgian corporate law and EU regulations.
find out more
Retail Purchase Agreement
Belgian retail sales contract template compliant with Belgian and EU consumer protection laws, governing B2C product sales.
find out more
As Is Purchase Agreement
A Belgian law contract for the sale of assets in their current condition ('as is'), with limited warranties and explicit risk transfer to the buyer.
find out more
Software Purchase Agreement
Belgian law-governed agreement for software purchase, covering license terms, delivery, and related services.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)