Document background
The Share Sale Agreement is a fundamental transaction document used when one party wishes to sell and another party wishes to acquire shares in a company under Belgian law. It serves as the primary contract governing the terms and conditions of the share transfer, incorporating all necessary elements required by Belgian corporate and civil law. This document is essential for both private and public company transactions, though its contents may vary depending on the size and complexity of the deal. The agreement typically includes comprehensive warranties about the target company's business, detailed price adjustment mechanisms, and specific provisions addressing Belgian tax and regulatory requirements. It's particularly important that the document complies with the Belgian Companies and Associations Code and considers local market practice in areas such as liability caps and warranty periods.
