I want to sell my company. Where do I start?

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Over about a year, I lent about 40 million won to a close acquaintance. Since we'd known each other long, I told them to repay slowly, but they suddenly stopped answering. I want to legally respond in this case — can I recover by filing a loan return claim lawsuit if I hire a debt collection attorney? Debt collection attorney, please reply regarding a loan return claim lawsuit.

company sale

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作者: 김국일

Selling a company is more than a simple "sale" act; it is a procedure that involves complex phenomena based on financial and legal review.

To begin the sale, it is important to lay the foundation through internal company organization and expert consultation.

First, you need to organize the company's financial status, equity structure, legal disputes, and intellectual property holdings.

In this process, identifying and organizing internal risks in advance becomes an important foundation for future negotiations.

It is also very important to select experts such as attorneys, accounting firms, or law firms who can find buyers and assist with negotiations and practical matters.

Preparing the company sale stages with these experts will allow the procedure to proceed more smoothly.

Afterwards, the buyer will thoroughly review the company.

Comprehensive due diligence will be conducted including finance, legal, tax, and personnel, and the final acquisition terms will be confirmed and a contract will be concluded.

The methods of selling a company include equity sale, asset sale, and management rights sale.

To choose the sale method that suits your situation and the company's circumstances, it is very important to receive assistance from experts with abundant M&A experience.

If you are preparing to sell your company, we recommend that you proceed with strategy formulation and legal review in parallel as soon as possible.

Daeryun, the 9th largest law firm in Korea (based on 2025 National Tax Service VAT filing), is a legal partner that provides one-team legal services led by experienced specialist attorneys.