Signing / closing
Austria
This may involve some of the parties giving “power of attorney” so that the authorised attorneys in fact have the power to sign on their behalf. This is often the case if there are a large number of sellers. Furthermore, certain formal requirements can apply to the signing and/or closing process, such as the establishment of an Austrian notarial deed for the acquisition of shares in an Austrian limited liability company (GmbH), notarised power of attorney, etc. So, there are certain formal requirements with which you will need to comply. We can help guide you through that process.
Czech Republic
This may involve some of the parties giving “power of attorney” so that the authorised persons have the power to sign on their behalf. This is often the case if there are a large number of sellers. Furthermore, certain formal requirements can apply to the signing and/or closing process, such as notarial verification of signatures on the transfer agreement or the establishment of a Czech notarial deed in connection with the acquisition of shares in a Czech company and delivery of a copy of the transfer agreement to the company, etc. So, there are certain formal requirements with which you will need to comply. We can help guide you through that process.
Poland
This may involve some of the parties giving “power of attorney” so that the authorised persons have the power to sign on their behalf. This is often the case if there are a large number of sellers. Furthermore, certain formal requirements can apply to the signing and/or closing process, such as the requirement of notarized signatures for share purchase agreement in Polish limited liability company (sp. z o. o.), the requirement of notarial deed for the subscription of shares in Polish limited liability company (sp. z o. o.), etc. So, there are certain formal requirements with which you will need to comply. We can help guide you through that process.
Hungary
This may involve some of the parties giving “power of attorney” so that the authorised persons have the power to sign on their behalf. This is often the case if there are a large number of sellers. Furthermore, certain formal requirements can apply to the signing and/or closing process, such as an attorney’s countersignature on the transfer agreement in connection with the acquisition of shares in a Hungarian company, etc. So, there are certain formal requirements with which you will need to comply. We can help guide you through that process.
Slovakia
This may involve some of the parties giving “power of attorney” so that the authorised persons have the power to sign on their behalf. This is often the case if there are a large number of sellers. Furthermore, certain formal requirements can apply to the signing and/or closing process, such as the registration of the share transfer at the Slovak Central Depository of Securities in the case of book-entry shares (this also requires that the investor open a securities account with one of the providers), etc. So, there are certain formal requirements with which you will need to comply. We can help guide you through that process.