Tax advice for family businesses
Our advice is aimed at accompanying our clients in planning the generational changes of the family business to guarantee its continuity or to minimize the tax cost for the company and its partners, since, due to their importance, these are issues that require the advice of experts in the field.
Advising family businesses requires a great deal of sensitivity. Family business management must be geared towards defining the relationships between the various family members and consolidating business structures with a view to minimizing conflict and maximizing efficiency. The objective is to move from the family business to the entrepreneurial family, making ownership and management take advantage of all the competitive advantages of the family business.
Letslaw offers a professional service that provides a unified response to the different challenges of Family Wealth Management. Our tax department works on family office services, presenting specific solutions for each client. The ultimate aim of the professionals in this division is to provide peace of mind through the protection of your family wealth, whether international or focused on the family business in Spain, seeking tax optimization, appropriate legal advice and the sustainability of the business over the generations through the provision of the following services, among others:
- Design and implementation of tax-efficient structures for holding and transferring business assets.
- Restructuring of family business groups.
- Advice on and implementation of the acquisition and sale of family businesses.
- Planning of inheritance and donation processes. Tax planning for the application of family business tax benefits in Wealth Tax and Inheritance and Gift Tax.
- Family protocols.
- Tax planning and management of large estates.