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Faroe Law provides practical assistance at all stages of a business ownership transfer from a practical angle compared to the aspects relevant in the specific case, for example:

  • Due diligence (examination of the target business)
  • Contract negotiation and elaboration
  • Financial considerations
  • Company law issues
  • Competition law aspects
  • Staff relations
  • Environmental aspects
  • Tax implications

We draw upon experience from no less than two Faroese privatizations, where we were responsible for, amongst other things, the due dilligence prior to the stock exchange listing of these public companies.

In our experience, correct and well-considered strategic planning will generally be decisive in bringing a sale or purchase to a successful conclusion.

Our offices co-operate widely with the different players on the market for business ownership transfers. Through our experience and network, we ensure qualified advice for the client in all respects.