Establishing Family Companies

Frequently, the aim is to combine a family's own assets. One important reason for this is to transfer family assets to the next generation without granting extensive disposal options and while still providing security to the older generation. To this end, civil-law associations, limited liability companies or limited partnerships with one limited liability company and a corporation as a general partner, or perhaps a number of companies at home and abroad are used. Occasionally, foundations supplement such structures. Frequently, segregating certain kinds of investments (asset classes) in separate companies becomes necessary for tax reasons.

Esche Schümann Commichau provides tax expertise while taking into account the necessary corporate, inheritance and family law issues that arise in the legal structuring of family companies. This allows us to optimize tax burdens, in particular with regard to gift tax.

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