The Business Transfer Letter is a essential document used in Hong Kong business transactions when one entity intends to transfer its business operations to another. It serves as both a formal notification and a preliminary agreement document, incorporating key elements required under Hong Kong law. This document is particularly important as it initiates the transfer process and sets out the fundamental terms of the transaction. The letter must comply with various Hong Kong ordinances and typically precedes more detailed transfer agreements. It's commonly used in situations ranging from small business sales to larger corporate restructurings, and must address specific Hong Kong regulatory requirements including creditor protection, employee rights, and business registration obligations. The Business Transfer Letter should clearly identify the parties, the business being transferred, key assets and liabilities, consideration, and completion requirements, while maintaining the formal letter format expected in Hong Kong business practice.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Sender Details: Full company name, registration number, and address of the transferor
2. Date: Date of the letter
3. Recipient Details: Full company name and address of the transferee
4. Subject Line: Clear indication that this is regarding a business transfer
5. Business Identification: Clear description of the business being transferred, including registration details
6. Transfer Terms: Key terms of the transfer including effective date and consideration
7. Assets and Liabilities: Brief overview of what is included/excluded in the transfer
8. Completion Requirements: Key actions required to complete the transfer
9. Closing: Signature block and execution details
1. Employee Matters: Include when employees are being transferred as part of the business
2. Intellectual Property: Include when specific IP assets need to be addressed
3. Ongoing Obligations: Include when there are post-completion obligations or transitional arrangements
4. Regulatory Approvals: Include when specific regulatory approvals are required
5. Tax Matters: Include when specific tax arrangements or obligations need to be addressed
1. Schedule 1 - Asset List: Detailed inventory of assets being transferred
2. Schedule 2 - Contracts List: List of contracts being transferred or assigned
3. Schedule 3 - Employee List: List of employees being transferred (if applicable)
4. Schedule 4 - Completion Actions: Detailed list of actions required for completion
5. Appendix A - Required Forms: Standard forms required for Hong Kong business transfer registration
6. Appendix B - Transfer Notices: Template notices required under Hong Kong law for creditors and other stakeholders
Find the exact document you need
Expected SLA
A Hong Kong law-governed agreement defining service performance standards, metrics, and remedies between service provider and recipient.
Download
Expense Invoice
A formal expense invoice compliant with Hong Kong regulations, used to document and request payment for business-related expenses.
Download
Fronting Letter Of Credit
A Hong Kong law-governed banking instrument establishing terms for a bank to issue a Letter of Credit on behalf of another bank, including risk allocation and reimbursement arrangements.
Download
Employee Housing Allowance Agreement
A Hong Kong law-governed agreement establishing terms for employer-provided housing allowance, including payment terms and conditions.
Download
Transport Subcontractor Agreement
A Hong Kong law-governed agreement establishing terms for transportation subcontracting services, including operational requirements and compliance obligations.
Download
Phishing Policy
A Hong Kong-compliant policy document outlining organizational procedures and requirements for preventing and responding to phishing attacks.
Download
Travel Liability Waiver Form
A Hong Kong-law governed waiver form for travel activities that establishes risk acknowledgment and liability release between travel service providers and participants.
Download
Business Transfer Letter
A formal letter under Hong Kong law documenting the transfer of a business between entities, outlining key transfer terms and completion requirements.
Download
Business Management Consulting Agreement
A Hong Kong law-governed agreement establishing terms for business management consulting services between a consulting firm and client organization.
Download
Conference Evaluation Form
A Hong Kong law-compliant feedback collection form for conference participants, designed to gather structured evaluation data while maintaining privacy compliance.
Download
Company Partnership Agreement
A Hong Kong law-governed agreement establishing and regulating a partnership between companies, defining their business relationship and operational framework.
Download
Travel Affidavit
A legally binding sworn statement used in Hong Kong for travel-related declarations and immigration purposes, executed under Hong Kong law.
Download
Overtime Authorization Form
A Hong Kong-compliant form for requesting and authorizing employee overtime work, including details of hours, compensation, and management approval.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)