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When buying or selling a business it is vital that you are aware of exactly what it is you are purchasing and what obligations you will be taking on; knowing what your liabilities are going to be is of paramount importance.
There are likely to be issues relating to business contracts, employment rights, property obligations, taxation, product liability and many other areas.
Getting the right advice can help you avoid unpleasant surprises.
Recently, there have been many property buyers in Bulgaria setting up Bulgarian limited companies with the purpose of acquiring real estate not being fully aware of the responsibilities that come with the company registration.
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