BASQUE COUNTRY AND NAVARRE: Advantages of corporate restructuring

If you are thinking about bringing your children in as partners in your family business, or you are concerned about how to transfer ownership and management of the different businesses in the best possible way when you are no longer around, know that there are figures that facilitate the transformation of the business heritage and its management.

Specifically, through a merger or a spin-off, you can leave the heritage "organized" to facilitate its future transmission or ensure the continuity of the activity.

What does a merger consist of?

Through a merger, one or more entities transfer their respective social heritages as a whole to another entity.

And the spin-off?

Through the spin-off, an entity divides its entire social heritage into two or more parts (or a part of its heritage that constitutes a business unit) and transfers them as a whole to two or more new or existing entities.

What are the advantages of resorting to these operations?

Your business heritage will be "prepared" for a future transfer to your children. Furthermore, you can carry them out without tax cost, as the Tax Office accepts the application of a fiscal neutrality regime to the operations that are planned to streamline and simplify future succession and facilitate the generational changeover of the companies.

Come see us. Our professionals will analyze your case and propose the best structure to manage your companies and facilitate their future transfer.