Tax advice plays a crucial role in successful business succession, ensuring the continuity of the company and preventing unnecessary tax liability. In the Netherlands, the most important facility for this is the Business Succession Scheme (BOR), which offers significant tax advantages for both gift and inheritance of the business.

A deferral arrangement (DSR) applies to income tax. This allows the transferring shareholder (in the case of a private limited company) to pass on the tax claim on the substantial interest shares rather than being taxed immediately.

Given the complexity and constant changes in legislation, timely tax advice is essential. An advisor can help navigate the rules, determine the business valuation, and structure the transfer to achieve maximum tax efficiency. Business transfers require careful tax planning, and implementation can take time. Therefore, consulting a tax advisor in a timely manner is important.