For an LLC governed by the Commercial Companies Law, review transfer restrictions and agreed exit mechanisms. A transfer to an outsider triggers the statutory partner-notification and redemption procedure; agreeing a price privately does not complete the registered transfer.
Value the stake using reliable accounts, liabilities and disputed balances. Separate the sale price from any partner loan or unpaid approved distribution. The original capital contribution is not a guaranteed exit price, and an independent valuation may be needed.
A sale transfers ownership; liquidation winds up the company and settles its liabilities before distributing any surplus. Resigning as manager or cancelling a licence is not a substitute for completing the appropriate process. Review personal guarantees separately and obtain creditor confirmation of any agreed release.
A practical next step
Bring the company documents, ownership record, latest accounts and guarantees to a legal review. Put valuation, payment security, registration and releases into the exit agreement before transferring your stake.
Official sources
Commercial Companies Law — Articles 5, 14, 79–80 and liquidation provisions