Change of owner
The owner of the myob file is retired and no longer active in the business, therefore, I need to change the owner. Can I please be sent the relevant form to update these details? Thank you.
Forum Discussion
Thanks for the response Genreve. Only issue with the 'change of ownership' form is that a contract of sale is required as supporting documentation. The company is not being sold. The file was originally set up by one of the Directors who is now elderly. They remain a director (it is a family business) but are not active in day to day running and never use the MYOB file. Therefore we would like to change the ownership of the file. Will the suggested form still work?
Hi ChalkHill,
If the business itself isn’t being sold, then the Change of Ownership form may not be the right fit, as that process is generally used when the legal ownership of the MYOB account is being transferred. In a situation like yours, where the original director is still part of the business but no longer manages the file day to day, it’s usually better to look at updating the primary contact instead. If they’re still a recognised contact on the account, they may be able to nominate the new primary contact through My Account. If not, the Change of Primary Contact form would normally be the next step. You can also check the steps here: Change the primary contact on an MYOB account.
Regards,
Sai
