When planning a generational change, the company structure often has a major impact on both the older generation and the younger generation. The tax implications of any inappropriate solutions may be significant.
We know everything there is to know about the advantages and disadvantages associated with the possible forms of incorporation, including partnerships, limited liability companies and the hybrid form limited liability partnerships. In addition, we have in-depth knowledge of the company and tax law rules on tax-freeĀ conversions and restructurings.
As part of the planning of a generational change, we advise on the various possible structures. This ensures that a structure can be chosen which is appropriate for both the older and younger generations.