The Purchase Agreement For Buying A Business is a crucial document used in Hong Kong when one entity acquires another entity's business operations. It serves as the primary legal instrument documenting the transaction terms, rights, and obligations of all parties involved. This agreement is essential for any business acquisition in Hong Kong, whether it involves asset purchases or share transfers, and must comply with Hong Kong's legal framework, including the Companies Ordinance, Business Registration Ordinance, and other relevant regulations. The document typically includes detailed provisions about the purchase price, payment terms, assets and liabilities being transferred, warranties and representations, employee matters, and completion requirements. It's particularly important as it provides legal protection for both parties and ensures a smooth transition of business ownership while maintaining compliance with Hong Kong's regulatory requirements.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of the seller and buyer, including full legal names and registration details
2. Background: Context of the transaction, brief description of the business, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core agreement to sell and purchase the business, including scope of what is being transferred
5. Purchase Price: Total consideration, payment terms, and any adjustments
6. Completion: Timing and mechanics of closing, including conditions precedent and completion requirements
7. Seller's Warranties: Representations and warranties regarding the business, assets, and liabilities
8. Buyer's Warranties: Representations and warranties from the buyer, including capacity to purchase
9. Pre-Completion Obligations: Obligations of both parties between signing and completion
10. Post-Completion Obligations: Ongoing obligations after completion, including transition arrangements
11. Employees: Treatment of employees and employment contracts post-completion
12. Confidentiality: Obligations regarding confidential information and announcement of the transaction
13. Indemnities: Indemnification provisions for breaches and specific risks
14. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction
15. General Provisions: Standard boilerplate provisions including notices, amendments, and entire agreement
1. Real Property: Required when the business includes real estate assets
2. Intellectual Property: Required when significant IP assets are involved
3. Environmental Matters: Required for businesses with environmental compliance obligations
4. Competition Law Compliance: Required for larger transactions that may have competition law implications
5. Tax Covenant: Detailed tax-related provisions, recommended for complex tax situations
6. Non-Compete Provisions: Restrictions on seller's future business activities
7. Earn-out Provisions: Required when part of purchase price is contingent on future performance
8. Data Protection: Required when significant personal data is being transferred
9. Third Party Consents: Required when material contracts need third party approval for transfer
1. Business Assets Schedule: Detailed list of all assets included in the sale
2. Excluded Assets Schedule: List of assets explicitly excluded from the sale
3. Properties Schedule: Details of any real property included in the sale
4. Intellectual Property Schedule: List of all IP rights being transferred
5. Employee Schedule: List of employees and their key employment terms
6. Material Contracts Schedule: List of important business contracts being transferred
7. Liabilities Schedule: Details of liabilities being assumed by the buyer
8. Completion Requirements Schedule: Detailed list of documents and actions required at completion
9. Warranties Schedule: Detailed warranties given by the seller
10. Form of Transfer Documents: Pro forma transfer documents to be executed at completion
Relevant legal definitions
Accounts
Accounting Standards
Affiliated Companies
Agreed Form
Assets
Business
Business Day
Business Information
Business Intellectual Property
Business Records
Claim
Completion
Completion Date
Completion Payment
Confidential Information
Consideration
Contracts
Data Protection Laws
Disclosed
Disclosure Letter
Effective Date
Employees
Encumbrance
Excluded Assets
Financial Statements
Governmental Authority
Group
HKFRS
Hong Kong
Intellectual Property Rights
Inventory
Key Employees
Laws
Liabilities
Licenses
Long Stop Date
Loss
Material Adverse Change
Material Contracts
Net Working Capital
Notice
Parties
Permits
Property
Purchase Price
Purchaser
Purchaser Group
Purchaser's Solicitors
Related Persons
Relevant Period
Representatives
Seller
Seller Group
Seller's Knowledge
Seller's Solicitors
Signing Date
Subsidiary
Tax
Tax Authority
Tax Liability
Third Party
Transaction
Transaction Documents
Transfer
Warranties
Working Capital
Accounting Standards
Affiliated Companies
Agreed Form
Assets
Business
Business Day
Business Information
Business Intellectual Property
Business Records
Claim
Completion
Completion Date
Completion Payment
Confidential Information
Consideration
Contracts
Data Protection Laws
Disclosed
Disclosure Letter
Effective Date
Employees
Encumbrance
Excluded Assets
Financial Statements
Governmental Authority
Group
HKFRS
Hong Kong
Intellectual Property Rights
Inventory
Key Employees
Laws
Liabilities
Licenses
Long Stop Date
Loss
Material Adverse Change
Material Contracts
Net Working Capital
Notice
Parties
Permits
Property
Purchase Price
Purchaser
Purchaser Group
Purchaser's Solicitors
Related Persons
Relevant Period
Representatives
Seller
Seller Group
Seller's Knowledge
Seller's Solicitors
Signing Date
Subsidiary
Tax
Tax Authority
Tax Liability
Third Party
Transaction
Transaction Documents
Transfer
Warranties
Working Capital
Clauses
Interpretation
Sale and Purchase
Purchase Price
Payment Terms
Conditions Precedent
Pre-Completion Obligations
Completion
Post-Completion Obligations
Assets Transfer
Liabilities Assumption
Employee Matters
Warranties and Representations
Tax Matters
Intellectual Property
Property Rights
Business Contracts
Confidentiality
Non-Competition
Data Protection
Environmental Matters
Regulatory Compliance
Insurance
Force Majeure
Indemnification
Assignment
Third Party Rights
Notices
Further Assurance
Costs and Expenses
Announcements
Severability
Entire Agreement
Amendments
Governing Law
Dispute Resolution
Termination
Sale and Purchase
Purchase Price
Payment Terms
Conditions Precedent
Pre-Completion Obligations
Completion
Post-Completion Obligations
Assets Transfer
Liabilities Assumption
Employee Matters
Warranties and Representations
Tax Matters
Intellectual Property
Property Rights
Business Contracts
Confidentiality
Non-Competition
Data Protection
Environmental Matters
Regulatory Compliance
Insurance
Force Majeure
Indemnification
Assignment
Third Party Rights
Notices
Further Assurance
Costs and Expenses
Announcements
Severability
Entire Agreement
Amendments
Governing Law
Dispute Resolution
Termination
Relevant Industries
Retail
Manufacturing
Technology
Financial Services
Professional Services
Healthcare
Real Estate
Hospitality
Construction
Education
Media and Entertainment
Logistics and Transportation
Consumer Goods
Energy
Telecommunications
Relevant Teams
Legal
Finance
Corporate Development
Mergers & Acquisitions
Executive Leadership
Risk & Compliance
Human Resources
Operations
Strategy
Tax
Due Diligence
Integration
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
Managing Director
Corporate Lawyer
Finance Director
Business Development Director
Mergers & Acquisitions Manager
Company Secretary
Due Diligence Manager
Integration Manager
Risk Manager
Compliance Officer
Operations Director
Human Resources Director
Tax Manager
Corporate Strategy Manager
Investment Director
Find the exact document you need
Official Receipt
A Hong Kong-compliant official receipt documenting financial transactions and serving as legal proof of payment under local business and tax regulations.
find out more
Home Ownership Agreement
A legally binding agreement under Hong Kong law that documents the terms and conditions for the transfer of property ownership from seller to buyer.
find out more
Car Sales Agreement Contract
A Hong Kong-governed agreement documenting the sale and purchase of a motor vehicle, including terms, conditions, and transfer of ownership requirements.
find out more
Form To Vacate Rental Property
A Hong Kong-compliant form for tenants to formally notify landlords of their intention to vacate a rental property.
find out more
Private Placement Memorandum (Real Estate)
A Hong Kong-compliant offering document for private real estate investment opportunities, detailing property assets, investment terms, and risk factors for sophisticated investors.
find out more
Buy Sell Agreement Life (Insurance)
A Hong Kong law-governed agreement establishing terms for business interest transfers triggered by specific events, funded through life insurance policies.
find out more
Real Estate Contract Assignment Form
A Hong Kong-compliant legal document for transferring property ownership rights between parties, containing essential terms and conditions for real estate assignments.
find out more
Letter Of Intent To Borrow Money
A preliminary document under Hong Kong law outlining proposed terms for a lending arrangement, serving as a formal expression of intent to borrow money and establishing basic loan conditions.
find out more
Utility Invoice
A compliant Hong Kong utility invoice documenting consumption, charges, and payment terms for utility services under local regulations.
find out more
Sale Of Partnership Agreement
A Hong Kong law-governed agreement documenting the sale and transfer of partnership interests, including terms, price, and completion requirements.
find out more
Contract To Pay Back Money Owed
A Hong Kong law-governed agreement that establishes legally binding terms for repaying an existing debt, including payment schedule and enforcement provisions.
find out more
Online Residential Lease Agreement
Hong Kong-compliant online residential lease agreement template with electronic execution capabilities.
find out more
Commercial Building Rental Agreement
A Hong Kong law-governed agreement setting out terms and conditions for leasing commercial property, including rent, usage rights, and obligations of landlord and tenant.
find out more
Vehicle Sale Deed
A legal document governed by Hong Kong law that formalizes the sale and transfer of ownership of a motor vehicle between parties, including all essential terms and conditions of the sale.
find out more
Company Sale And Purchase Agreement
A Hong Kong law-governed agreement documenting the terms and conditions for the sale and purchase of a company, including price, warranties, and completion mechanics.
find out more
Aircraft Purchase And Sale Agreement
A Hong Kong law-governed agreement documenting the sale and purchase of an aircraft, including technical specifications, regulatory requirements, and commercial terms.
find out more
Deed Of Sale Condominium
A formal legal document for transferring ownership of condominium units in Hong Kong, complying with local property law requirements.
find out more
Standard Agency Agreement
A Hong Kong law-governed agreement establishing and regulating the principal-agent relationship, defining authority, duties, and commercial terms.
find out more
Agreement Of Sale Of Immovable Property
A Hong Kong law-governed agreement for the sale and purchase of immovable property, detailing terms, conditions, and obligations of the transaction.
find out more
Pregnancy Risk Assessment
A Hong Kong-compliant workplace risk assessment document for ensuring the safety and appropriate accommodation of pregnant employees, aligned with local safety and anti-discrimination regulations.
find out more
Offer Proposal
A Hong Kong law-governed document presenting a formal business proposition with detailed terms and conditions for potential acceptance by the recipient.
find out more
Equipment Rental Receipt
A Hong Kong-compliant document recording equipment rental transactions, including equipment details, terms, and payment information.
find out more
Promissory Note Without Interest
A Hong Kong law-governed document containing an unconditional promise to pay a fixed sum of money without interest from one party to another.
find out more
Letter Of Intent To Sell
A preliminary document under Hong Kong law outlining key terms and conditions for a proposed sale transaction, serving as a framework for subsequent definitive agreements.
find out more
Deed Of Partition
A Hong Kong law-governed deed that legally divides jointly owned property into separate portions among co-owners, specifying boundaries and rights.
find out more
Contract For Selling A Car
A Hong Kong law-governed contract template for the sale and purchase of a motor vehicle, ensuring compliance with local regulations and protecting both parties' interests.
find out more
Conditional Sale Agreement Property
A Hong Kong law-governed agreement for property sales subject to specific conditions, detailing terms, conditions precedent, and completion requirements.
find out more
Commercial Real Estate Sales Agreement
A Hong Kong law-governed agreement for the sale and purchase of commercial real estate, detailing terms, conditions, and requirements for property transfer.
find out more
Business Broker Contract
A Hong Kong-governed agreement establishing terms for business broker services, including scope, fees, and regulatory compliance requirements.
find out more
Vessel Purchase And Sale Agreement
A Hong Kong law-governed agreement for the sale and purchase of a marine vessel, including terms for transfer of ownership, payment, and delivery.
find out more
Simple Business Sale Agreement
A Hong Kong law-governed agreement for the sale and purchase of a business, detailing key terms, conditions, and transfer requirements.
find out more
Restaurant Profit Sharing Agreement
A Hong Kong law-governed agreement establishing profit-sharing arrangements between parties in a restaurant business.
find out more
Real Estate Purchase Agreement Contract
A legally binding agreement for property sale and purchase in Hong Kong, detailing transaction terms and conditions under Hong Kong law.
find out more
Provisional Agreement
A binding preliminary real estate sale contract under Hong Kong law that establishes key terms and conditions for property transactions.
find out more
Product Royalty Agreement
A Hong Kong law-governed agreement establishing terms for product licensing and royalty payments between licensor and licensee.
find out more
Promissory Note Repayment Schedule
A Hong Kong law-governed financial instrument that combines a promissory note with a structured repayment schedule, documenting debt obligations and payment terms.
find out more
Mortgage Sale Deed
A Hong Kong law-governed deed that transfers mortgage rights and obligations from one mortgagee to another, documenting the terms and conditions of the mortgage sale transaction.
find out more
Buyer Seller Agreement Form
A Hong Kong law-governed agreement that establishes the terms and conditions for the sale of goods between a buyer and seller, ensuring legal compliance and protection for both parties.
find out more
Boat Partnership Agreement
A Hong Kong law-governed agreement establishing shared ownership and operation terms for a marine vessel between multiple partners.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s 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)
.png)