If you decided to buy a business in Tenerife, you might face many questions on how to do that. Depending on the type of business that you are interested in, the whole process can be quite time and money consuming, therefore, we offer our professional assistance during the whole process of buying a business in Tenerife.

We are ready to offer you:

• Find and Purchase a proper running business for you in Tenerife;
• Purchase a new company (ready-made or shelf company) in Tenerife.

How to buy a business in Tenerife?

1. If you are abroad you send us your personal document (copy of passport) and the required information (email, address, telephone number) via email info@bizbon.com.
2. Pay and advance payment which is 50% of total amount of our services. As soon as you do that, we initiate the process.
3. We prepare all the documents and send via email to our client for signing them up.
4. The client prints out and signs the documents according to the instruction, then gets an approval from the notary and sends them back via post courier.
5. After receiving the signed and confirmed by the notary documents, we prepare the full package of documents.
6. When the documents are ready, we send the business registration confirmation – certificate to our client via email.  Accordingly, the remaining 50% must be paid by the client.
7. After client pays the remaining amount, all the package of documents is sent via express courier.

In other ways client can send us legalized power of attorney and our lawyers will do this job without client’s presence. Also client can visit us in Tenerife and we will take him through all this process together.

Usually, the whole process of buying a business in Tenerife takes around 1-1,5 month and for your own convenience we can start or even carry out the whole process without your personal presence in the office.

A running business in Tenerife is an already established company that has a real business activity in the certain field, turnover and employees. As an existing business, the company may have some outstanding debts (like invoices from suppliers), expired license or social security payments. All these things and much more must be checked out before purchasing the business (otherwise, you will have some amounts payable that you didn’t expect).

We offer a ready-made business to the clients who want to buy an already established company in Tenerife and to save their time. Such company has no previous business activities and was registered some months ago. It usually has a common name, therefore, it can start any kind of business. The company is fully ready to be transferred to the new owners – it has all the documents and company’s stamp. It only takes several days to change the ownership of the company and company’s bank account.

We also offer our clients to acquire shelf companies with history that previously (from 1 to some years ago) had a business transaction history but currently has no debts, obligations, working employees etc. In other words such company has a good history and prestige – all that is important for your potential business partners, customers, banks or other financial partners.

Please do not hesitate to contact us for more information.