Best Merger & Acquisition Lawyers in Mafraq
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List of the best lawyers in Mafraq, Hashemite Kingdom of Jordan
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Hashemite Kingdom of Jordan Merger & Acquisition Legal Questions answered by Lawyers
Browse our 1 legal question about Merger & Acquisition in Hashemite Kingdom of Jordan and read the lawyer answers, or ask your own questions for free.
- Buying a Jordanian company: can I acquire shares without existing debts or tax liabilities?
- I’m negotiating to buy 70% of a local trading company in Amman. The seller says the business has no outstanding liabilities, but I’m worried about hidden debts, employee claims, and taxes. What clauses and due diligence steps can protect me, and is an asset purchase safer than a share purchase? Read more →
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Lawyer answer by Philadelphia Law Firm
Yes, shares/interests can be acquired without assuming existing debts or tax liabilities. However, this must be executed through pre-requisite procedures, including an auditor's report, tax clearance certificate, and payroll statement, or alternatively, by acquiring assets if deemed necessary.
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