Whether you pay much or little tax at succession is decided years in advance.
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Shape the taxes
The classic
Turn the sole firm into a company
Private share saleusually tax-free
Sole proprietorshipis taxed
Conversion5 years ahead
The blocking period
Five years' patience
Too short-termtax is reclaimed
Five yearsstrictly keep them – further tax facts remain to be checked afterwards
Plan earlyrather than pay dearly
The pitfalls
Hidden traps
Partial liquidationtax despite the sale
Transpositionthe second trap
Expert adviceessential
On winding up
The liquidation profit
Liquidation profittaxable on winding up
From 55privileged taxation
Notional buy-inlowers the tax
Good to know
Is your handover tax-optimised?
💡 First step: Legal form and timing decide the taxes at succession – a timely conversion with the five-year blocking period secures the tax-free share sale, and on winding up the privileged taxation of the liquidation profit helps.