Terms of Use
Last updated: October 6, 2026 · Version 3.0
These Terms of Use ("Terms") govern access to and use of the website at 7baas.shop and 7baas.com, the client cabinet, the Telegram bot @Sbaas_bot and all related services (together, the "Platform"). The Platform is operated by 7 Baas Limited, a company registered in England and Wales under company number 15906014, with its registered office at Unit 3-4, The Pixmore Letchworth Business Centre, Pixmore Avenue, Letchworth Garden City, SG6 1JG, United Kingdom ("7Baas", "we", "us").
By creating an account, signing in with Google or Telegram, or otherwise using the Platform, you agree to these Terms. If you act for a company or other organisation, you confirm that you are authorised to bind it, and "you" includes that organisation.
1. Documents that form part of these Terms
The following documents, as published on the Platform from time to time, form part of these Terms: the Privacy Policy, the Cookie Policy, the Acceptable Use Policy, the AML & KYC Policy, the Seller Listing Terms (for sellers) and the Escrow & Settlement Terms (for transactions settled through 7Baas). A non-disclosure agreement signed on the Platform ("NDA") is a separate agreement.
If there is a conflict, the following order applies: (a) any written transaction-specific agreement signed with 7Baas; (b) the NDA, as to confidentiality; (c) the Escrow & Settlement Terms and the Seller Listing Terms, within their scope; (d) these Terms.
2. Definitions
- Listing — a company, business or related asset offered for sale on the Platform.
- Seller — a user who publishes or is responsible for a Listing.
- Buyer — a user who starts an acquisition of a Listing.
- Deal — the transaction workflow opened on the Platform between a Buyer and a Seller for a Listing.
- Deal Room — the restricted area of the Platform where documents for a Deal are made available after the NDA has been signed.
- Success Fee — the fee payable to 7Baas on completion of a Deal, as disclosed when the Deal is created.
- Escrow Account — the designated account described in the Escrow & Settlement Terms.
- Business Day — a day other than a Saturday, Sunday or public holiday in England.
3. Eligibility
3.1 The Platform is for business and professional use only. It is not intended for consumers, and you confirm that you use it in the course of a business, trade or profession.
3.2 You must be at least 18 years old and have full legal capacity.
3.3 You must not use the Platform if you, or any person who owns or controls you, are subject to sanctions administered by the United Kingdom, the United Nations, the European Union or the United States, or are located in or acting on behalf of a person in a comprehensively sanctioned country or territory.
3.4 We may refuse to open an account, to publish a Listing or to open a Deal at our discretion, including where we cannot complete our checks under the AML & KYC Policy.
4. Your account
4.1 You may register with an e-mail address and password, or by signing in with Google or Telegram. When signing in with Telegram for the first time you will be asked to provide and confirm an e-mail address.
4.2 You must provide accurate, current and complete information and keep it up to date. Each account is personal to the individual who created it; you must not share your credentials or allow another person to use your account.
4.3 You are responsible for all activity under your account. Tell us immediately at admin@7baas.com if you suspect unauthorised access.
4.4 When you register, we record your acceptance of these Terms and the Privacy Policy, together with the version accepted, the date and time, your IP address and your browser user agent.
5. What 7Baas is — and what it is not
5.1 7Baas operates a marketplace and brokerage for the acquisition and disposal of companies that hold financial registrations or licences, and a technology platform through which related business services can be ordered.
5.2 7Baas is not a bank, electronic money institution, payment institution, investment firm, law firm, accountancy firm or regulatory authority. We do not provide legal, tax, accounting, regulatory or investment advice, and nothing on the Platform is a recommendation to buy or sell any company or asset.
5.3 Unless expressly agreed in writing, 7Baas is not a party to any share purchase agreement or other transaction document between a Buyer and a Seller, and does not guarantee that any party will perform its obligations.
5.4 Our review of a Listing before publication ("admin-reviewed") is a marketplace screening process. It is not due diligence, an audit, a valuation or a legal opinion, and you must not rely on it as such.
5.5 Regulatory licences and registrations are generally not transferable as stand-alone assets. A sale normally takes place by transfer of shares in the licensed company and may require the prior approval of the relevant regulator. 7Baas does not guarantee that any approval will be granted, or the time it will take.
6. Listings
6.1 Listings are prepared by Sellers under the Seller Listing Terms. The Seller is responsible for the accuracy and completeness of each Listing and of the documents provided for it.
6.2 We may review, edit for format and consistency, decline, suspend or remove any Listing. A Listing may be published only when at least one document has been uploaded for its Deal Room.
6.3 Prices shown are indicative asking prices unless stated otherwise. The final price and terms are agreed solely between the Buyer and the Seller.
6.4 Once a Deal completes, the Listing may be marked as sold and shown in our sold registry, without confidential transaction details.
7. How an acquisition works
7.1 When a Buyer starts an acquisition, a Deal is created. The Buyer must complete identity verification under the AML & KYC Policy before signing the NDA, unless we decide otherwise.
7.2 After the NDA is signed, the Buyer gains access to the Deal Room. Documents may be made available directly in the Deal Room or, where stated there, through a 7Baas broker on request.
7.3 Offers, negotiation, due diligence and transaction documents are matters between the Buyer and the Seller, each advised by its own professional advisers. The Buyer is solely responsible for its own legal, financial, tax, regulatory and commercial due diligence and for obtaining any regulatory approval it needs.
7.4 Where a Deal is settled through 7Baas, the Buyer pays the agreed amount to the Escrow Account under the Escrow & Settlement Terms.
7.5 We may pause or close a Deal at any time where a legal, regulatory, sanctions or risk requirement is not met, or where a party breaches these Terms.
8. Confidentiality and the NDA
8.1 Access to Deal Room documents requires signature of the NDA presented on the Platform. You sign the NDA electronically by typing your full legal name and confirming that you have authority to sign. We record the NDA version, the date and time, your IP address and your user agent, and we issue a PDF copy of the signed NDA.
8.2 You agree that this electronic signature is legally binding and has the same effect as a handwritten signature.
8.3 You must use information received through the Platform only to evaluate the relevant Deal and must keep it confidential as required by the NDA and these Terms.
9. Fees
9.1 Success Fee. The Success Fee rate (which may be payable by the Buyer, the Seller or both) is disclosed when the Deal is created and will not be changed for that Deal without the agreement of the paying party. Unless stated otherwise, the Success Fee is calculated on the total consideration for the transaction, including any deferred, contingent or earn-out consideration and any assumed debt, and becomes due on completion.
9.2 Other fees. Fees for services ordered through the Platform (for example listing, verification, consultancy or business services) are shown before you order and are invoiced separately.
9.3 All fees are stated exclusive of VAT and any other applicable taxes, which are added where required.
9.4 Invoices are payable within the period shown on the invoice. We may charge interest and compensation on late payments under the Late Payment of Commercial Debts (Interest) Act 1998.
9.5 Where a Deal is settled through the Escrow Account, we may deduct the Success Fee and any other amount due to us from the amount released, as set out in the Escrow & Settlement Terms.
10. How you pay us
10.1 Bank transfer. Invoices may be paid by bank transfer to the account shown on the invoice. You must use the payment reference shown. Bank charges on your side are for your account.
10.2 Crypto-assets. Where offered at checkout, an invoice payable to 7Baas may be settled in USDT on the TRON network (TRC-20) only. The amount, deposit address and validity period are shown at checkout. You are responsible for sending the correct asset, on the correct network, to the correct address; transfers in any other asset, on any other network or to any other address may be permanently lost and we are not liable for them. A crypto payment is treated as received only after network confirmation and our manual review. Underpayments must be topped up; overpayments are refunded at our discretion, net of network fees, to a wallet you control after verification.
10.3 Crypto-assets are not accepted for deposits into the Escrow Account.
10.4 All payments are subject to the AML & KYC Policy. We may require evidence of the source of funds or of ownership of the paying account or wallet, and may return any payment we cannot accept.
11. Escrow settlement
Settlement of transaction funds through 7Baas is governed by the Escrow & Settlement Terms. In summary: deposits are made by bank transfer from an account in the Buyer's own name to a designated Escrow Account held by 7 Baas Limited and kept separate from its own operating funds; funds are released only when the agreed release conditions are met or on the joint instruction of the parties; and the Escrow Account is not a deposit or payment account protected by the Financial Services Compensation Scheme.
12. Refunds
12.1 The Success Fee is payable only on completion of the relevant Deal.
12.2 Fees for other services are refundable or non-refundable as stated when you order them. Fees for services already performed are not refundable, except where required by law or expressly agreed.
12.3 Refunds are paid to the account or wallet from which the payment was received, unless we agree otherwise after verification.
13. Non-circumvention
13.1 If we introduce you to a Buyer, Seller, Listing or target company, you must not, for 24 months after the introduction, complete or attempt to complete any transaction relating to that company or Listing with the introduced party (or its affiliates, shareholders or representatives) other than through 7Baas.
13.2 If you breach clause 13.1, you must pay us an amount equal to the Success Fee that would have been payable had the transaction completed through 7Baas, without prejudice to our other rights.
14. Compliance
14.1 You must comply with all applicable anti-money laundering, counter-terrorist financing, anti-bribery and sanctions laws.
14.2 We carry out identity, business, sanctions, politically exposed person and adverse media checks as described in the AML & KYC Policy, and may request additional information at any time.
14.3 We may refuse, suspend or terminate any account, Listing, Deal or payment where a legal, regulatory or risk requirement is not met. We may be prohibited by law from telling you why.
15. Acceptable use
You must use the Platform in accordance with the Acceptable Use Policy.
16. Third-party services
Some functions rely on third parties, including identity verification providers, Google and Telegram for sign-in, banks and payment providers, and crypto-asset service providers. Your use of those services may be subject to their own terms and privacy notices. We are not responsible for third-party services, although we choose them with reasonable care.
17. Intellectual property
17.1 The Platform, its software, design and content (other than user content) belong to 7Baas or its licensors. You may use them only to use the Platform in accordance with these Terms.
17.2 You keep ownership of content and documents you upload. You grant us a non-exclusive, worldwide, royalty-free licence to host, store, copy, format, display and share that content as needed to operate the Platform, including sharing Deal Room documents with Buyers who have signed the NDA.
17.3 You confirm that you have the right to upload your content and that doing so does not infringe any third party's rights or breach any law, including data protection law.
18. Disclaimers
18.1 The Platform is provided "as is" and "as available". We do not guarantee that it will be uninterrupted, error-free or secure, or that any Listing, document or information is accurate, complete or up to date.
18.2 Articles, guides, valuations, currency conversions and other general information on the Platform are for information only and may be out of date. Valuation estimates are indicative only.
19. Liability
19.1 Nothing in these Terms limits or excludes liability for death or personal injury caused by negligence, for fraud or fraudulent misrepresentation, or for any other liability that cannot be limited or excluded by law.
19.2 Subject to clause 19.1, we are not liable for: (a) any loss of profit, revenue, business, opportunity, goodwill or anticipated savings; (b) any indirect or consequential loss; (c) the acts, omissions, statements or documents of Buyers, Sellers, target companies, regulators, banks or other third parties; (d) any decision of a regulator; or (e) any loss arising from your reliance on a Listing, document or information on the Platform.
19.3 Subject to clause 19.1, our total liability to you arising out of or in connection with the Platform and these Terms, whether in contract, tort (including negligence) or otherwise, is limited to the total fees you paid to 7Baas in the 12 months before the event giving rise to the claim.
20. Indemnity
You will indemnify 7Baas against all losses, liabilities, costs and expenses (including reasonable legal fees) arising from your breach of these Terms, the NDA or applicable law, from inaccurate information you provide, or from content you upload.
21. Suspension and termination
21.1 You may close your account at any time by contacting us. Obligations relating to confidentiality, fees, non-circumvention and liability survive closure.
21.2 We may suspend or terminate your access with immediate effect if you breach these Terms, if we are required to do so by law or a regulator, or if we reasonably suspect fraud, money laundering or other misconduct. Otherwise, we may terminate your access on 30 days' notice.
21.3 We keep records after closure as described in the Privacy Policy and the AML & KYC Policy.
22. Changes to these Terms
We may update these Terms. The version number and "Last updated" date are shown at the top of this page. We will notify registered users of material changes by e-mail or on the Platform at least 14 days before they take effect, except where a change is required sooner by law. Continued use of the Platform after a change takes effect constitutes acceptance; we may also ask you to accept updated Terms before you continue.
23. Notices
We send notices to the e-mail address registered on your account or through the Platform. You can send notices to us at admin@7baas.com or by post to our registered office.
24. General
24.1 These Terms, together with the documents listed in clause 1, are the entire agreement between you and 7Baas about the Platform.
24.2 You may not assign or transfer your rights under these Terms without our consent. We may assign our rights to an affiliate or to a successor to our business.
24.3 If any provision is found invalid, the rest of these Terms remain in effect.
24.4 A failure or delay in exercising a right is not a waiver of it.
24.5 No person other than you and 7Baas has any right to enforce these Terms under the Contracts (Rights of Third Parties) Act 1999.
24.6 We are not liable for delay or failure caused by events beyond our reasonable control.
24.7 These Terms are written in English. Any translation is for convenience only.
25. Governing law and jurisdiction
These Terms and any dispute or claim arising out of or in connection with them (including non-contractual disputes) are governed by the law of England and Wales, and the courts of England and Wales have exclusive jurisdiction.
26. Contact
7 Baas Limited, Unit 3-4, The Pixmore Letchworth Business Centre, Pixmore Avenue, Letchworth Garden City, SG6 1JG, United Kingdom. E-mail: admin@7baas.com. Telegram: @Sbaas_bot.