Generational change and business acquisition

Buying and selling a company and generational changes go smoothly with the help of an external expert

Purchasing a company or transferring it from one generation to the next are topical issues to most companies at some point during the company’s life cycle. Coordination and anticipating the accounting, company law and taxation matters is vital in any business reorganisation. An experienced specialist is also able to consider the perspectives related to the emotional level and intent behind the business acquisition and generational change.

A generational change, a business acquisition and selling a company are all situations that should be planned well in advance, often several years before the business acquisition is finally implemented. Careful planning ensures that the project will be finalised within the desired schedule and in a way that also makes sense in terms of taxation.

Rantalainen’s experts help you at all stages of a generational change or business acquisition, from planning to implementation. We often assist our customers with e.g. the following stages of generational changes:

• Plan for the generational change
• Tax planning
• Applying for advance ruling (income taxation, inheritance and gift taxation)
• Company’s value determination and implementing the transaction
• Records, bills of purchase, deeds of gift
• Tax returns