1. Procedure: The procedure for the purchase and sale of shares in an Ltd. /limited liability company/ is governed by Art. 129 of the Commercial Law, where it is stated: «1. The company share can be transferred and inherited. The transfer of shares in the company from one partner to another is carried out freely, and to third parties — subject to compliance with the requirements for accepting a new partner and if there are no unpaid wages, benefits and mandatory insurance contributions of workers and employees, including employees whose labor legal relations were terminated up to three years before the transfer of the company share. 2. The transfer of the company share is carried out with a contract drawn up with notarization of the signatures and content, after which it is entered in the commercial register.
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