Business families and family offices

Family business

Challenges for family entrepreneurs are multi-layered and increasingly complex, particularly in the context of structural change, internationalisation and imminent succession - but also on an ongoing basis due to a wide variety of issues among the shareholders. It is often the case that not every area can be dealt with quickly and efficiently enough using the company's or family's own resources. Family entrepreneurs usually claim to be able to handle everything themselves. They are often reluctant to seek external advice in good time, probably because they are worried about violating the family's privacy. In addition, there are sometimes fears of having to admit a perceived failure or of losing independence by involving external expertise. Such worries or reservations are unfounded, as our advice and services are based on discreet and trusting cooperation with precisely defined objectives and a clear definition of our mandate in the interests of your family or your company. Our clients appreciate the fact that we ensure long-term and loyal relationships with entrepreneurs and their management through jointly developed solutions, fair and transparent teamwork and experienced advisors.

Our TAXGATE team offers family businesses and entrepreneurial families professional and strategic services in all matters relating to the structuring of their national and international investments. Our focus is on the structuring, legal review and implementation of investments and their financing, the restructuring of companies and groups of companies, corporate succession, asset succession planning for wealthy private individuals, the conception of foundations and the implementation of transactions.

In view of the increasing international mobility of shareholders, we naturally also include questions of international tax law and exit taxation in our advice.

Our advisory services also include the development or revision of a family strategy, a family constitution or family charter or the establishment of family governance, for example by organising workshops with the business family. If necessary, we can support you as moderators in the handover process to the next generation or in the event of conflicts within the family or between shareholders, including as part of mediation for out-of-court dispute resolution.

Track Record 

  • Facilitated the acquisition of a company for the strategic expansion of a family-run control technology business into new sectors (IT services)
  • Established and managed a charitable foundation for the sole succession of assets for a wealthy entrepreneur without direct heirs (retail)
  • Establishment of a charitable foundation according to the double foundation model to take up entrepreneurial investment assets (publishing)
  • Guided the reorganization and restructuring of a family-owned automotive business to ensure a smooth company succession
  • Moderated the reorganization of a family business’s management structure as part of the succession process (tourism)
  • Organisation and structuring of anticipated succession in family companies with active and non-active successor shareholders (IT services, surface coating)
  • Provided comprehensive legal and tax advice to single and multi-family offices and their high-net-worth clients
  • Offered ongoing legal and tax counsel to a family business with international property investments, including shareholders in the USA and Israel
  • Advised a single-family office on alternative investments, including private equity funds
  • Development and revision of family strategy and family constitution with entrepreneurial families (manufacturing industry, mechanical engineering, automotive)
  • Moderation of sibling disputes; mediation of intergenerational conflicts (wealthy private individuals, real estate)
  • Withdrawal of shareholders in the event of reduced compensation under the articles of association (Medical Technology, Measuring Instruments)
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TAXGATE GmbH
Charlottenplatz 6
70173 Stuttgart

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