Business Succession
and Inheritance

For business owners, the question of how to pass on their company and assets to their successors, in other words, business succession and inheritance, is an unavoidable issue.

In order to ensure the smooth transfer of the owner's assets, especially the company's shares, to the successor, the plan must be considered from a comprehensive perspective, including the selection of successors (within the family, outside the family, M&A with other companies), the details and merits of various procedures in light of the Companies Act and other laws and regulations, coordination of interests with stakeholders, fund procurement, taxation centered on inheritance and gift taxes, and so forth based upon knowledge of, and experience with, the Companies Act, succession-related laws, taxation laws , Act of Facilitating Succession of Management of Business, and any other related laws and regulations.

In addition to our daily work under the Companies Act, we have extensive experience in handling business succession cases in cooperation with certified public accountants, certified tax accountants, and other specialists. Based on this knowledge and experience, we provide detailed services from the initial consultation stage to the formulation and implementation of the most appropriate business succession and inheritance plans for the client, handling of legal issues, and practical follow-up after implementation.

  • Study and implementation of a plan for countermeasure to legally secured distributed share
  • Study and implementation of plans utilizing the Act on Facilitation of Business Succession
  • Study and implementation of plans utilizing trusts
  • Study and implementation of plans utilizing class shares
  • Consideration and execution of plans for succession to directors and employees (MBO, EBO, MEBO)
  • Consideration and execution of a plans utilizing a shareholding association
  • Consideration and execution of plans based on M&A with other companies
  • Examination and execution of various procedures based on the Companies Act and other laws and regulations
  • Drafting and reviewing contracts related to financing (including loan agreements, capital subscription agreements, and shareholder agreements)