Succession Planning
We understand the delicate process of business succession. We support families in transitioning the business and advise them on the optimal structure from a tax perspective. Transitions are never easy, and many a times require a structural and organisational change and we devise paths that allow the transfer to happen in the most efficient manner
At Seed, our priority is centered around the family’s legacy, mission and values. By understanding the current structure and the strategy of the business, we are able to draw from our tax consultants the best way forward from a tax perspective which is aligned to the family strategy. We focus on reducing an individual’s taxable estate to minimise the tax liability on death and ensuring future generations retain as much of their relatives’ legacies as possible. We create a balance between reducing the tax charge on the estate being passed on while preserving enough income and capital to meet the owner’s needs throughout his or her lifetime.
We will guarantee balanced management of family governance through corporate transactions such as mergers, acquisitions and divisions and by evaluating potential shareholdings and allocations of shares as part of a holding structure reorganization. Whether the transition between generations takes place inter-vivos or causa-mortis, Seed will ensure that the tax liability at all stages is minimised.
Avoid generational conflicts
Benefit from a reduced rate of duty of 1.5% on donations of shares to family members
Preserve the owner’s income and capital needs during his or her lifetime
Minimise the tax liability inter-vivos and causa-mortis
Maximise the family’s worth