02/09/2026
Buying a business does not mean buying its sponsor licence.
A sponsor licence belongs to the licensed organisation and cannot simply be transferred to a new owner. Depending on the structure of the transaction, the businesses involved may need to report the change and apply for a new licence within 20 working days.
Our latest guide explains the key risks and actions for buyers, sellers and HR teams.
Read the full article: https://tinyurl.com/5fcvjwz8