What is the change of ownership?
The change of ownership of an activity is called the “transfer” of a business from the owner of the activity license to the person or company that buys the business. Thus, for example, if a company has a fully functioning restaurant that complies with current regulations and has a restaurant activity license, it can transfer its activity license to another person.
To make this transfer effective, the town hall requires all the necessary documentation from the two parties and always requires a signed certificate of change of ownership from an engineer.
What appears on this certificate?
- The name of the seller and the buyer
- Location (there are cities where you can transfer the location license)
- Exact license that is transferred with its epigraph
- That it is not possible to finish an other activity
- That the premises or the new premises are in accordance with the actions described in the initial project and that the license will be issued
In this case, if, for example, there is a 20-year-old license and the premises have undergone many changes with respect to the time at which the license is to be granted, it is necessary to draw up a project in advance, communicating the changes made and justifying them in accordance with the regulations in order to update the license.
If the premises have not been modified and comply with the regulations, the change of owner will only be certified.