Two professionals discussing business conveyance

Business Conveyance: a legal process of transferring the business ownership

Legal, Tax & Strategic Support for Smooth Business Transitions

Conveyancing the ownership of a business is a complex and sensitive process that requires legal accuracy, financial insight, and strategic foresight. Whether the conveyance involves a sale, inheritance, family succession, or merger, each stage demands careful planning to ensure continuity, compliance, and tax efficiency.

At MK Mykonos Engineers, we provide comprehensive business conveyance consulting and implementation services, combining legal, tax, and operational expertise to ensure a smooth and lawful transition.

From strategic assessment and business valuation to agreement drafting and regulatory submissions, our team manages every detail — protecting your interests, minimizing risks, and safeguarding business continuity.

Business Conveyance service includes:

Legal and tax structuring

Business valuation and due diligence

Drafting and execution

Support for operating license conveyance and regulatory compliance

Representation before Tax Authorities, Court Registries, and government agencies

Employment continuity planning and personnel conveyance management

Guidance on corporate structure selection

Benefits of Choosing Our Service:

Business Conveyance involves multiple legal and financial dimensions that must align precisely for a secure and efficient outcome. Our structured approach ensures continuity, compliance, and value preservation at every stage.

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Detailed Planning & Legal Safeguarding

We ensure every document, agreement, and legal act is properly drafted and executed

Preparation of legal documentation in compliance with Greek law
Protection against future disputes with partners, staff, or authorities
Prevention of invalid or high-risk transactions

Tax Optimization

Strategic structuring for favorable taxation and financial efficiency

Utilization of reduced tax rates for family-related conveyance
Application of exemptions under retirement or parental succession cases
Tax planning to minimize overall fiscal burden

Business Continuity Assurance

Maintain operations, staff, and brand identity during transition

Preservation of staff and client relationships
Protection of financial and operational integrity
Avoidance of interruptions or downtime

Risk & Liability Management

Minimize exposure to hidden risks and ensure secure succession

Prevention of “sham transactions” and related legal issues
Management of outstanding debt and insurance obligations
Joint liability assessment and mitigation planning

Frequently Asked Questions

What are the main types of business conveyance?

There are several categories, including:

Unplanned conveyance due to death, incapacity, or insolvency.

Planned conveyance (e.g. retirement, family succession).

Partial or voluntary conveyance (donation or intra-family sale).

Paid conveyance (sale to employees, third parties, or other companies).

Does the conveyance process differ by company type?

Yes. Each company form has its own requirements:

Sole proprietorship: Conveyance by sale or inheritance.

OE/EE partnerships: Partner agreement and court registration.

EPE (LLC): Requires legal contract and Government Gazette publication.

SA (AE): Conveyance of shares and shareholder register update.

Are there tax exemptions?

Yes. Conveyance between close relatives often have reduced tax rates and retirement-related conveyance may be exempt from capital gains tax.

What happens to employees during a conveyance?

Under Greek and EU law, all employment contracts convey automatically to the new owner. The new employer becomes jointly liable for any pre-conveyance obligations.

When is a business conveyacing considered legally valid?

When the economic identity of the business remains intact — assets, clients, staff, and core activities continue under a new owner without interruption.

Our Competitive Advantage

Thorough Property & Business Due Diligence

Technical & Regulatory Expertise

Reduced Transaction Risk

End-to-End Technical Support

Contact details

Main Office:
Mykonos, 84 600, Greece

Tel: +30 22890 22513

info@mk-mykonos.gr
Monday–Friday 08:00–18:00