{"id":1416,"date":"2026-06-26T14:29:57","date_gmt":"2026-06-26T12:29:57","guid":{"rendered":"https:\/\/www.rieraconsulting.es\/family-business-succession\/"},"modified":"2026-09-30T09:46:56","modified_gmt":"2026-09-30T07:46:56","slug":"family-business-succession","status":"publish","type":"page","link":"https:\/\/www.rieraconsulting.es\/en\/business-owners-and-small-and-medium-sized-enterprises\/family-business-succession\/","title":{"rendered":"Family Business Succession"},"content":{"rendered":"<section class=\"ss-hero\">\n\t<div class=\"ss-hero__inner\">\n\t\t<div class=\"ss-hero__text rv\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"ss-hero__bc\" href=\"\/empresarios-pymes\/\"><svg width=\"14\" height=\"14\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\"><path d=\"M5 12h14M13 5l7 7-7 7\"\/><\/svg>Business Owners and SMEs \u00b7 Family Business Succession<\/a>\n\t\t\t\t\t\t\t\t\t\t<h1 class=\"ss-hero__h1\">Don&#8217;t let the handover cost <em>the company.<\/em><\/h1>\n\t\t\t\t\t\t\t<p class=\"ss-hero__sub\">Transferring a well-planned family business can result in a reduction of up to 95% in inheritance and gift taxes. Doing so without meeting the necessary requirements may force you to sell the business or cause a rift within the family. We work with you to plan the succession: protocol, taxation, and governance.  <\/p>\n\t\t\t\t\t\t<div class=\"ss-hero__ctas\">\n\t\t\t\t<a href=\"https:\/\/www.rieraconsulting.es\/en\/contact\/\" class=\"btn-p\">Planning for Succession<svg width=\"16\" height=\"16\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\"><path d=\"M5 12h14M13 5l7 7-7 7\"\/><\/svg><\/a><a href=\"https:\/\/www.rieraconsulting.es\/en\/contact\/\" class=\"btn-g\">Talk to a lawyer<\/a>\t\t\t<\/div>\n\t\t<\/div>\n\t\t<div class=\"ss-hero__media rv d1\">\n\t\t\t<img src=\"https:\/\/www.rieraconsulting.es\/wp-content\/uploads\/2026\/06\/team-meeting.webp\" width=\"1200\" height=\"900\" alt=\"\" fetchpriority=\"high\" decoding=\"async\">\n\t\t<\/div>\n\t<\/div>\n<\/section>\n<section class=\"ss-kpi\">\n\t<div class=\"ss-kpi__i\">\n\t\t\t\t\t<div class=\"ss-kpi__item rv\">\n\t\t\t\t<div class=\"ss-kpi__n\"><span class=\"cnt\" data-t=\"95\">0<\/span><span class=\"sf\">%<\/span><\/div>\n\t\t\t\t<div class=\"ss-kpi__l\">Possible Reduction in ISD<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"ss-kpi__item rv d1\">\n\t\t\t\t<div class=\"ss-kpi__n\"><span class=\"cnt\" data-t=\"30\">0<\/span><span class=\"sf\">%<\/span><\/div>\n\t\t\t\t<div class=\"ss-kpi__l\">Companies Now in Their Second Generation<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"ss-kpi__item rv d2\">\n\t\t\t\t<div class=\"ss-kpi__n\"><span class=\"cnt\" data-t=\"48\">0<\/span><span class=\"sf\">+<\/span><\/div>\n\t\t\t\t<div class=\"ss-kpi__l\">Years of specialization<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"ss-kpi__item rv d3\">\n\t\t\t\t<div class=\"ss-kpi__n\"><span class=\"cnt\" data-t=\"5\">0<\/span><\/div>\n\t\t\t\t<div class=\"ss-kpi__l\">Years of Required Maintenance<\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<section class=\"ss-reto\">\n\t<div class=\"ss-reto__i\">\n\t\t<div class=\"ss-reto__head rv\">\n\t\t\t\t\t\t\t<div class=\"eyebrow\">The Challenge<\/div>\n\t\t\t\t\t\t<h2 class=\"ss-reto__t\">The future of the company\u2014 <em> without improvisation.<\/em><\/h2>\n\t\t<\/div>\n\t\t<div class=\"ss-reto__body rv d1\">\n\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"ss-reto__p\">The 95% reduction in the Inheritance and Gift Tax is not automatic. It requires that the entity engage in actual economic activity\u2014not merely the ownership of assets\u2014a minimum ownership stake by the family group, paid management functions, and the retention of the acquired assets for the statutory period. Any oversight could result in the loss of the entire benefit.  <\/p>\n\t\t\t\t\t\t\t\t\t<p class=\"ss-reto__p\">The most costly mistake is leaving it until the last minute. When the handover takes place without a formal process, without a holding company, and without the necessary arrangements in place, the tax authorities may force the sale of the business or create conflict among the heirs. Planning ahead is what turns a succession into an <strong>orderly transition.<\/strong>  <\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<ul class=\"ss-reto__ul\">\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"ss-reto__li\"><svg width=\"18\" height=\"18\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"#E87820\" stroke-width=\"2.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M20 6L9 17l-5-5\"\/><\/svg>A 95% reduction due to failure to meet the economic activity requirement.<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"ss-reto__li\"><svg width=\"18\" height=\"18\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"#E87820\" stroke-width=\"2.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M20 6L9 17l-5-5\"\/><\/svg>Management and compensation roles not assigned within the family group.<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"ss-reto__li\"><svg width=\"18\" height=\"18\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"#E87820\" stroke-width=\"2.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M20 6L9 17l-5-5\"\/><\/svg>Lack of a family protocol and clear governing bodies.<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"ss-reto__li\"><svg width=\"18\" height=\"18\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"#E87820\" stroke-width=\"2.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M20 6L9 17l-5-5\"\/><\/svg>Disputes among heirs due to the lack of prior inheritance agreements.<\/li>\n\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/section>\n<section class=\"ss-help\">\n\t<div class=\"ss-help__i\">\n\t\t<div class=\"ss-help__media rv\">\n\t\t\t<img src=\"https:\/\/www.rieraconsulting.es\/wp-content\/uploads\/2026\/09\/IMG_2828-scaled.jpg\" alt=\"\" loading=\"lazy\" decoding=\"async\">\n\t\t<\/div>\n\t\t<div class=\"ss-help__content\">\n\t\t\t<div class=\"ss-help__head rv\">\n\t\t\t\t<h2 class=\"ss-help__t\">How <em>we can help<\/em> you <em>.<\/em><\/h2>\n\t\t\t<\/div>\n\t\t\t<div class=\"ss-help__boxes\">\n\t\t\t\t\t\t\t\t\t<div class=\"ss-help__box rv\">\n\t\t\t\t\t\t<span class=\"ss-help__btag\">Taxation<\/span>\t\t\t\t\t\t<h3 class=\"ss-help__bt\">Ensure a 95% reduction<\/h3>\n\t\t\t\t\t\t<p class=\"ss-help__bd\">We verify economic activity, ownership, management functions, and maintenance to ensure that the reduction in ISD is applied without risk.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"ss-help__box rv d1\">\n\t\t\t\t\t\t<span class=\"ss-help__btag\">Protocol<\/span>\t\t\t\t\t\t<h3 class=\"ss-help__bt\">Family Protocol<\/h3>\n\t\t\t\t\t\t<p class=\"ss-help__bd\">We draft the rules of the game: admission and withdrawal of members, profit distribution, dividends, and conflict resolution before conflicts arise.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"ss-help__box rv d2\">\n\t\t\t\t\t\t<span class=\"ss-help__btag\">Structure<\/span>\t\t\t\t\t\t<h3 class=\"ss-help__bt\">Holding Company and Governing Bodies<\/h3>\n\t\t\t\t\t\t<p class=\"ss-help__bd\">We design the corporate structure (family holding company, board of directors, shareholders&#039; meeting) that establishes control and facilitates the transfer of ownership.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"ss-help__box rv d3\">\n\t\t\t\t\t\t<span class=\"ss-help__btag\">Broadcast<\/span>\t\t\t\t\t\t<h3 class=\"ss-help__bt\">Gift, inheritance, or estate agreement<\/h3>\n\t\t\t\t\t\t<p class=\"ss-help__bd\">We choose the option that best protects your legacy: a lifetime gift, a will, or a pre-need estate plan, depending on your situation.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n<section class=\"ss-flow\">\n\t<div class=\"ss-flow__i\">\n\t\t<div class=\"ss-flow__head rv\">\n\t\t\t\t\t\t\t<div class=\"eyebrow\">How We Work<\/div>\n\t\t\t\t\t\t<h2 class=\"ss-flow__t\">From the founder to the <em>next generation.<\/em><\/h2>\n\t\t<\/div>\n\t\t<div class=\"ss-flow__steps rv d1\">\n\t\t\t\t\t\t\t<div class=\"ss-flow__step\">\n\t\t\t\t\t<div class=\"ss-flow__dot\">1<\/div>\n\t\t\t\t\t<div class=\"ss-flow__st\">Relay Diagnosis<\/div>\n\t\t\t\t\t<div class=\"ss-flow__sd\">We analyze the company, the family, and the outstanding tax requirements.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"ss-flow__step\">\n\t\t\t\t\t<div class=\"ss-flow__dot\">2<\/div>\n\t\t\t\t\t<div class=\"ss-flow__st\">Succession Planning<\/div>\n\t\t\t\t\t<div class=\"ss-flow__sd\">We define the protocol, corporate structure, and method of transfer, along with their tax implications.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"ss-flow__step\">\n\t\t\t\t\t<div class=\"ss-flow__dot\">3<\/div>\n\t\t\t\t\t<div class=\"ss-flow__st\">Implementation and Monitoring<\/div>\n\t\t\t\t\t<div class=\"ss-flow__sd\">We handle the necessary paperwork and provide support throughout the maintenance period to ensure you do not lose your benefits.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<div class=\"ss-flow__cta rv d2\">\n\t\t\t<a href=\"\/contacto\/\" class=\"btn-p\">Book your first consultation<svg width=\"16\" height=\"16\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\"><path d=\"M5 12h14M13 5l7 7-7 7\"\/><\/svg><\/a>\t\t<\/div>\n\t<\/div>\n<\/section>\n<section class=\"ss-creds\">\n\t<div class=\"ss-creds__i\">\n\t\t<div class=\"ss-creds__head rv\">\n\t\t\t<h2 class=\"ss-creds__t\">Why <em>Us.<\/em><\/h2>\n\t\t<\/div>\n\t\t<div class=\"ss-creds__grid\">\n\t\t\t\t\t\t\t<div class=\"ss-cred rv\">\n\t\t\t\t\t<div class=\"ss-cred__ico\"><svg viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.6\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M14 2H6a2 2 0 0 0-2 2v16a2 2 0 0 0 2 2h12a2 2 0 0 0 2-2V8z\"\/><polyline points=\"14 2 14 8 20 8\"\/><line x1=\"16\" y1=\"13\" x2=\"8\" y2=\"13\"\/><line x1=\"16\" y1=\"17\" x2=\"8\" y2=\"17\"\/><\/svg><\/div>\n\t\t\t\t\t<h3 class=\"ss-cred__t\">Taxation and Business, All Under One Roof<\/h3>\n\t\t\t\t\t<p class=\"ss-cred__d\">We coordinate ISD planning with corporate and commercial law. We do not split the handover among multiple professionals. <\/p>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"ss-cred rv d1\">\n\t\t\t\t\t<div class=\"ss-cred__ico\"><svg viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.6\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M12 22s8-4 8-10V5l-8-3-8 3v7c0 6 8 10 8 10z\"\/><\/svg><\/div>\n\t\t\t\t\t<h3 class=\"ss-cred__t\">Long-Term Vision<\/h3>\n\t\t\t\t\t<p class=\"ss-cred__d\">We&#039;re planning for the transition with a long-term perspective, not just for tomorrow&#039;s signing. We&#039;re preparing the requirements well in advance so that the reduction isn&#039;t jeopardized. <\/p>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"ss-cred rv d2\">\n\t\t\t\t\t<div class=\"ss-cred__ico\"><svg viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.6\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M20 21v-2a4 4 0 0 0-4-4H8a4 4 0 0 0-4 4v2\"\/><circle cx=\"12\" cy=\"7\" r=\"4\"\/><\/svg><\/div>\n\t\t\t\t\t<h3 class=\"ss-cred__t\">Direct dealings<\/h3>\n\t\t\t\t\t<p class=\"ss-cred__d\">You&#039;ll work directly with the tax attorney who plans your estate, not with an intermediary. Discretion and a close relationship with the family. <\/p>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/section>\n<section class=\"faqs faqs--full\">\n\t<div class=\"faqs__i\">\n\t\t<div>\n\t\t\t<div class=\"rv\">\n\t\t\t\t<div class=\"eyebrow\" style=\"margin-bottom:16px\">Preguntas frecuentes<\/div>\n\t\t\t\t<h2 class=\"faqs__t\">Your questions, <em>answered.<\/em><\/h2>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"faq\">\n\t\t\t\t\t<button class=\"faq__q\" data-faq>What does the 95% reduction for family-owned businesses entail? <span class=\"faq__ic\"><svg width=\"14\" height=\"14\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\"><path d=\"M12 5v14M5 12h14\"\/><\/svg><\/span><\/button>\n\t\t\t\t\t<div class=\"faq__a\">This is a reduction in the inheritance and gift tax base for the transfer of a family business or equity interests that meet the legal requirements, with possible additional benefits at the regional level. It significantly reduces the tax bill associated with the transfer, but only if the conditions are met. <\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"faq\">\n\t\t\t\t\t<button class=\"faq__q\" data-faq>What requirements must be met to apply for it? <span class=\"faq__ic\"><svg width=\"14\" height=\"14\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\"><path d=\"M12 5v14M5 12h14\"\/><\/svg><\/span><\/button>\n\t\t\t\t\t<div class=\"faq__a\">In general: the entity must engage in a genuine economic activity rather than merely holding assets; there must be a minimum individual or family group ownership stake; the individual must perform management functions for substantial compensation; and the assets acquired must be retained for the legally required period. We review each case on an individual basis. <\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"faq\">\n\t\t\t\t\t<button class=\"faq__q\" data-faq>Is it better to donate while you&#039;re alive or wait until you inherit? <span class=\"faq__ic\"><svg width=\"14\" height=\"14\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\"><path d=\"M12 5v14M5 12h14\"\/><\/svg><\/span><\/button>\n\t\t\t\t\t<div class=\"faq__a\">It depends. A lifetime gift allows you to plan for succession and support the next generation, but it is subject to its own tax rules; an inheritance ensures the transfer of assets upon death. In some regions, a succession agreement is an option. We compare the options using numbers before making a decision.   <\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"faq\">\n\t\t\t\t\t<button class=\"faq__q\" data-faq>What is the purpose of a family protocol? <span class=\"faq__ic\"><svg width=\"14\" height=\"14\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\"><path d=\"M12 5v14M5 12h14\"\/><\/svg><\/span><\/button>\n\t\t\t\t\t<div class=\"faq__a\">Set out the rules of the family business in writing: who can join the business, how dividends are distributed, how decisions are made, and how disagreements are resolved. This is the tool that prevents a personal conflict from turning into a corporate conflict. <\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"faq\">\n\t\t\t\t\t<button class=\"faq__q\" data-faq>What happens if I sell the property or fail to comply during the maintenance period? <span class=\"faq__ic\"><svg width=\"14\" height=\"14\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\"><path d=\"M12 5v14M5 12h14\"\/><\/svg><\/span><\/button>\n\t\t\t\t\t<div class=\"faq__a\">Failure to meet the maintenance requirement within the legal deadline may result in the loss of the reduction granted and the obligation to bring the situation into compliance, including surcharges and interest. That is why we also plan for the years following the transfer, not just the transfer itself. <\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"faq\">\n\t\t\t\t\t<button class=\"faq__q\" data-faq>When is the best time to start planning for succession? <span class=\"faq__ic\"><svg width=\"14\" height=\"14\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\"><path d=\"M12 5v14M5 12h14\"\/><\/svg><\/span><\/button>\n\t\t\t\t\t<div class=\"faq__a\">As soon as possible. Many requirements (business activity, management functions, corporate structure) must be in place before the transfer. Leaving it until the last minute is the most common reason for losing the tax benefit.  <\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/section>\n<section class=\"fcta\">\n\t<div class=\"fcta__i rv\">\n\t\t<div>\n\t\t\t<h3 class=\"fcta__t\">Protect what you&#8217;ve <em>built.<\/em><\/h3>\n\t\t<\/div>\n\t\t<div class=\"fcta__right\">\n\t\t\t<p class=\"fcta__s\">A tax attorney reviews your family business and plans the succession, ensuring a 95% tax reduction.  <strong>No obligation.<\/strong><\/p>\n\t\t\t<div class=\"fcta__btns\">\n\t\t\t\t<a href=\"https:\/\/www.rieraconsulting.es\/en\/contact\/\" class=\"btn-p\">\n\t\t\t\t\tPlanning My Estate\t\t\t\t\t<svg width=\"16\" height=\"16\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\"><path d=\"M5 12h14M13 5l7 7-7 7\"\/><\/svg>\n\t\t\t\t<\/a>\n\t\t\t\t<a href=\"tel:+34965929194\" class=\"btn-g\">965 92 91 94<\/a>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":0,"parent":1685,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-1416","page","type-page","status-publish","hentry"],"acf":{"seo_title":"","seo_description":"","seo_og_image":null,"json-ld":"","seo_noindex":false},"_links":{"self":[{"href":"https:\/\/www.rieraconsulting.es\/en\/wp-json\/wp\/v2\/pages\/1416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rieraconsulting.es\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.rieraconsulting.es\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.rieraconsulting.es\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rieraconsulting.es\/en\/wp-json\/wp\/v2\/comments?post=1416"}],"version-history":[{"count":0,"href":"https:\/\/www.rieraconsulting.es\/en\/wp-json\/wp\/v2\/pages\/1416\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.rieraconsulting.es\/en\/wp-json\/wp\/v2\/pages\/1685"}],"wp:attachment":[{"href":"https:\/\/www.rieraconsulting.es\/en\/wp-json\/wp\/v2\/media?parent=1416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}