FAMILY BUSINESSES

We know how essential it is for entrepreneurial families to deal with the challenge of continuity and stay united and committed to the success of their business projects. We have in-depth knowledge of the reality of the family-owned company. We admire and promote its strengths, and identify its weak spots in order to help to minimize them. We are aware of how important it is to manage harmoniously emotional, business and financial issues that converge in every family-owned company.

We help to professionalize the family-owned company, incorporating the best practices of good corporate governance, supporting efficient Boards of Directors, re-structuring family groups in order to provide them with business rationality and to optimize potential tax advantages provided by current law for family-owned companies. In many cases, growth without planning carries with it inefficient structures that prevent the use of an exemption from Wealth Tax and the use of tax credits for purposes of Inheritance and Gift Taxes, making the future transfer of the family-owned enterprise more burdensome from a tax standpoint. Another fundamental aspect is to avoid confusion between personal and business assets and the contamination of risks.

We advise Boards of Directors and Family Offices on the basis of a triple objective: promote the family unit, achieve continuity of the business project and its competitiveness, and preserve the assets achieved.

Our advice is aimed at providing integral, specific and personalized response to the needs and peculiarities of family-owned companies:

  • Planning for generational take over: We advise entrepreneurial families in this crucial process aimed at continuity, through the negotiation and formalization of a family protocol that reflects the consensus achieved by each family on all issues involving family-company relations.
  • Re-structuring of groups of family-owned companies.
  • Financing and going public.
  • Mergers and Acquisitions.
  • Advice on internationalization processes.
  • Prevention and resolution of conflicts, through mediation and arbitration proceedings.
  • Implementation of good corporate governance practices, support to Boards of Directors and attendance at Advisory Board and Family Office meetings.
  • Orientation regarding the preparation of future leaders.
  • Foundations.
  • Training courses designed specifically for each entrepreneurial family.
DISTINCTIONS

chambers partners

"The lawyers are really accurate with everything they do, they have international knowledge and their service is really good."

"The co-ordination between the offices is smooth."

The Chambers Europe 2016. Wealth Management

 

chambers partners

"We like the lawyers' positive thinking. Ther are pro-business and that is good for us."

The Chambers Europe 2015. Wealth Management

 

chambers partners

"The team always delivers on time, has sound knowledge and is proactive. It advises us on matters that weren't included in the original mandate - it goes beyond our expectations."

The Chambers Europe 2014. Wealth Management

 

chambers partners

"An excellent firm that is always at your disposal".

The Chambers Europe 2013. Wealth Management

 

chambers partners

"These lawyers see the big picture – they understand where you want to go as a client and give clear advice. In addition, they're a pleasure to work with".

The Chambers Europe 2012. Wealth Management

 

chambers partners

The wealth management practice at Gómez-Acebo & Pombo maintains an excellent reputation and impressive client portfolio, which includes some of the most prominent family groups, individuals and financial institutions in Spain and overseas.

The Chambers Europe 2011. Wealth Management