Selling Website Advice

[auss]

To clarify, the website hasn't been sold, there is no contract concerning it, and I won't be selling unless it is legal. That's why I'm asking, to avoid any possible trouble.

Dont worry about Grunt he post useless information and is a know it all on nothing. Your right you have not sold it so nothing to undo as he has pointed out.

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[INXS]

I can't think of any reason why you can't sell it them.

You can buy and sell a teapot on a tourist visa, why not some code?

Email it to them from a .co.uk address..

[auss]

I can't think of any reason why you can't sell it them.

You can buy and sell a teapot on a tourist visa, why not some code?

Email it to them from a .co.uk address..

Dont get grunt started

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[MovingIn07]

you need to check what's written on the contract. If they are smart enough, they will forbid you to sell the same code to other competitors again.

I am working for a IT company and got existing customer looking to buy valuable website. Feel free to contact me if you need more information. You can use our platform as additional channel to sell it instead of start everything from zero.

As noted above, it would be normal for the code to become the property of the company paying for it. It's common for intellectual property (IP) to be clearly specified in the contract as to who owns it. If you own the IP, you can resell to others. If they own the IP, they will own it. There is nothing that can stop you redeveloping it again from scratch (which usually takes a fraction of the time, for something you developed in the first place) but you technically should not use any of the existing code.

[pin]

set up an offshore company.

transfer all your IP rights to offshore company.

either sell shares in offshore company to old employer or enter into a licensing agreement with old company.

don't know though what the tax / visa implications will be.