Family Business Succession

Law Firm SIWOO supports the smooth transition of family businesses through a comprehensive service model led by a distinguished team, including a former Chief Judge of the Family Court and tax experts from the National Tax Service (NTS) and the Tax Tribunal. We focus on preserving corporate value and minimizing family disputes during the succession process. Leveraging deep legal expertise and practical experience, we provide customized succession solutions tailored to the unique characteristics of each enterprise.

Practice Areas

Strategic Planning: Development of customized succession strategies aligned with the company's long-term vision and goals.

Family Consensus: Support for mediation, coordination of opinions, and building consensus among family members.

Structural Design: Advisory on corporate restructuring, including the establishment of holding companies.

Management Control: Strategies for exercising voting rights to ensure a stable transfer of management control.

Tax Strategy: Formulation of tax-saving strategies for Inheritance Tax and Gift Tax.

Tax Deductions: Advisory on utilizing tax benefits, such as the Family Business Inheritance Deduction.

Transfer Methods: Proposals for tax-efficient transfer methods, including stock gifting and investments in kind.

Financing: Advisory on fundraising strategies for equity acquisition and securing liquidity for tax payments.

Contract Management: Drafting and review of Shareholder Agreements and succession-related contracts.

Property Division: Advisory on family property division agreements.

Dispute Resolution: Mediation of family conflicts and defense in succession-related litigation.

Post-Succession Management: Advisory on stabilizing corporate governance after the transfer and ongoing legal/tax support.