Limited Company for Quick Sale
Limited Company for Quick Sale
Company registered Oct 2010
No transactions done (long story but in a nutshell deal did not materialize)
All dues fully paid
All original certificates and certified translations (English)
Business Scope includes Import & Export of all kind of goods including medical supplies; consignment, warehousing & repair of all kinds of goods and materials; currencies exchange, manufacturing, buying & selling jewelry; hospital & medical clinics; educational establishment; commercial agency; consulting services; advertising agency; printing house; movies, video and CD productions; transportation; construction; tourism; investment in agriculture sector & industry
USD 2,000 (I must have paid at least 3 times this)
Transfer fee to be paid by buyer
Interested? email to [email protected] or SMS to 017286380
No transactions done (long story but in a nutshell deal did not materialize)
All dues fully paid
All original certificates and certified translations (English)
Business Scope includes Import & Export of all kind of goods including medical supplies; consignment, warehousing & repair of all kinds of goods and materials; currencies exchange, manufacturing, buying & selling jewelry; hospital & medical clinics; educational establishment; commercial agency; consulting services; advertising agency; printing house; movies, video and CD productions; transportation; construction; tourism; investment in agriculture sector & industry
USD 2,000 (I must have paid at least 3 times this)
Transfer fee to be paid by buyer
Interested? email to [email protected] or SMS to 017286380
barforsalecambodia wrote:as a general rule: what you paid does not necessarily reflect what it's worth.
good luck with the sale.
Yes, I understand that. I don't forsee any biz in the future and see no point in paying $100 tax plus fees every month so thought just try to cut further expenses. This is like trying to dispose of a water bed - no use to anyone who doesn't need one.
In any case price is negotiable (damn, should have mentioned that in the first post).
And thanks.
I hope you apply this rule to businesses you have for sale.barforsalecambodia wrote:as a general rule: what you paid does not necessarily reflect what it's worth.
good luck with the sale.
I refuse to go out with nothing more than a whimper followed by a small farting sound and a shit stain on my bed sheets..
Just thought I'd share that with you.
Just thought I'd share that with you.
- ChicagoGuy
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Just out of curiosity, what's the basis for assessing $100 a month in taxes for a company that is doing no business?Faidenk wrote: I don't forsee any biz in the future and see no point in paying $100 tax plus fees every month so thought just try to cut further expenses.
I was told there would be cake.
ChicagoGuy wrote:Just out of curiosity, what's the basis for assessing $100 a month in taxes for a company that is doing no business?Faidenk wrote: I don't forsee any biz in the future and see no point in paying $100 tax plus fees every month so thought just try to cut further expenses.
Since there has been no transactions, tax is based on 10% of my registered office which is my rented home. My rent is $250 a month so tax is $25 and the rest is fee for the accountant as well as filing fee etc.
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Got ya, that's the withholding tax, technically required to be paid on all leases (though many people fail to do so). Just so you know, you can fairly easily pay that $25/month yourself without paying $75 extra for your accountant to do it for you, if that money makes a difference to you.Faidenk wrote: Since there has been no transactions, tax is based on 10% of my registered office which is my rented home. My rent is $250 a month so tax is $25 and the rest is fee for the accountant as well as filing fee etc.
I was told there would be cake.
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You can register any office you want, but there will be a fee. There will also be a fee to transfer the shares and another fee to amend the articles of incorporation to show the new shareholder(s). Nothing is free.cambod wrote:Can whoever takes it over register a new/cheaper office?
I was told there would be cake.
ChicagoGuy wrote:Got ya, that's the withholding tax, technically required to be paid on all leases (though many people fail to do so). Just so you know, you can fairly easily pay that $25/month yourself without paying $75 extra for your accountant to do it for you, if that money makes a difference to you.Faidenk wrote: Since there has been no transactions, tax is based on 10% of my registered office which is my rented home. My rent is $250 a month so tax is $25 and the rest is fee for the accountant as well as filing fee etc.
Well, that $75 right now I could do without paying. Appreciate it if you could provide some details. Excuse this Cambo newbie for the ignorance. What prompted this move is the feeling I've been screwed around by the accounting firm. Thanks a $75.
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Hahahah Is this a serious offer?
You want someone to buy your company which has now ceased trading?
They will have to pay to update MAA and register with MOC, C.$500 - Assuming they can do this themselves and dont need to pay some accountant to do it for them.
They will also have to Pay you for lets say $1
and for the privladge of this they can expose themselves to the tax risk of all of your historic trading activity!!!
Brilliant!
The person that buys this pays a minimum of $501 for the company and gets all of that risk for free!!!!
Its costs $2K to get someone to form a company for you! Unless its a QIP.
Your best option is speak to your accountant and get them to wrap it up.
You want someone to buy your company which has now ceased trading?
They will have to pay to update MAA and register with MOC, C.$500 - Assuming they can do this themselves and dont need to pay some accountant to do it for them.
They will also have to Pay you for lets say $1
and for the privladge of this they can expose themselves to the tax risk of all of your historic trading activity!!!
Brilliant!
The person that buys this pays a minimum of $501 for the company and gets all of that risk for free!!!!
Its costs $2K to get someone to form a company for you! Unless its a QIP.
Your best option is speak to your accountant and get them to wrap it up.
Our lady takes care of the forms and filing every month for $5 - seems your accountant has a healthy profit. I did it myself a couple of times to check what was required and it took something like four hours of desk hopping and chopping. Rather someone else did that.
There is nothing more Australian than spending time in somebody else's country
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4 hours, wow. If someone will do that for $5, then I say go with that option.Spad wrote:Our lady takes care of the forms and filing every month for $5 - seems your accountant has a healthy profit. I did it myself a couple of times to check what was required and it took something like four hours of desk hopping and chopping. Rather someone else did that.
I was told there would be cake.
There's been no transactions at all. Looks like the best option would be to do it myself then. If anyone is still interested, email me. TaNiam Bai howie wrote:Hahahah Is this a serious offer?
You want someone to buy your company which has now ceased trading?
They will have to pay to update MAA and register with MOC, C.$500 - Assuming they can do this themselves and dont need to pay some accountant to do it for them.
They will also have to Pay you for lets say $1
and for the privladge of this they can expose themselves to the tax risk of all of your historic trading activity!!!
Brilliant!
The person that buys this pays a minimum of $501 for the company and gets all of that risk for free!!!!
Its costs $2K to get someone to form a company for you! Unless its a QIP.
Your best option is speak to your accountant and get them to wrap it up.
Last edited by Faidenk on Thu Oct 06, 2011 11:56 am, edited 1 time in total.
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