This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
Difference Between Asset Sale And Stock Sale For Llc In Virginia
Category:
State:
Multi-State
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
More info
An asset sale is the purchase of individual assets and liabilities, whereas a stock sale is the purchase of the owner's shares of a corporation. In a stock sale, the buyer acquires equity from the target company's shareholders.An asset sale otherwise known as an asset deal or asset purchase is a special type of business sale that only deals with assets and liabilities. An asset sale is when only the individual assets are purchased. Learn the tax implications for each type of sale. Asset Sale lets buyers choose specific assets and liabilities; Stock Sale doesn't. In an asset sale, the buyer's basis for depreciation is the allocated purchase price of the transferred assets. Asset sales are types of business transaction where buyers purchase assets from a business, and the sellers retain legal ownership of the company. An asset sale will likely result in a combination of gain taxed at both ordinary and capital gains rates, depending on the nature of the individual assets. Generally, a stock sale is better for the seller and an asset sale is better for the buyer.