Succession Planning

Business Advisory & Structuring

Succession Planning

Structured succession planning for family businesses and promoter-led companies — ensuring smooth ownership and management transition while protecting business continuity and family harmony.

What is Succession Planning?

Succession is one of the most complex challenges facing family businesses and promoter-led companies. Without a clear succession plan, businesses face ownership disputes, management vacuum, tax inefficiency, and in the worst cases, business failure. The statistics are sobering — only 30% of family businesses survive to the second generation, and only 12% to the third.

AccentTax Consulting provides structured succession planning advisory — combining legal, tax, and governance expertise to design a succession plan that protects the business, minimises tax, and preserves family harmony. We work with promoters, families, and their advisors to create a plan that works for everyone.

At a Glance

Who is this for

Family business promoters planning retirement or transition, businesses with ageing founders, families with multiple heirs, businesses preparing for management professionalisation

Governed by

Companies Act, 2013 | Income Tax Act, 1961 | Hindu Succession Act, 1956 | Indian Succession Act, 1925 | Transfer of Property Act, 1882

Estimated timeline

Succession plan design: 4–8 weeks | Implementation: 3–6 months

Our fee

Request a quote

Why Choose This Service?

Key advantages of engaging AccentTax Consulting for Succession Planning.

Family Harmony

Clear, documented succession plan prevents disputes between heirs — protecting both family relationships and business value.

Tax Efficiency

Structured transfer of business assets minimises capital gains, stamp duty, and inheritance tax implications.

Business Continuity

Management succession plan ensures the business continues to operate effectively during and after the transition.

Governance Framework

Family constitution and governance framework established — separating family ownership from business management.

How It Works — Our Process

Simple, transparent, and fully managed by our team.

1

Family & Business Assessment

We understand the family structure, business ownership, management roles, and succession objectives.

2

Succession Options

We present succession options — family succession, management buyout, sale, or a combination — with implications of each.

3

Succession Plan Design

Detailed succession plan designed — ownership transfer, management transition, governance framework, and timeline.

4

Family Constitution

Family constitution drafted — governing family involvement in the business, dividend policy, and dispute resolution.

5

Legal & Tax Implementation

Succession plan implemented — share transfers, will drafting, trust structures, and all associated legal and tax filings.

We handle everything — you just provide documents.

Documents Required

Current ownership structure and shareholding
Family tree and details of all heirs
Existing wills and estate planning documents
Business financial statements
Details of all business assets (including property)
Existing shareholders agreement or family arrangement

Don't have all documents ready? Contact us — we'll guide you step by step.

Send Documents on WhatsApp

Estimated Timeline

Plan design: 4–8 weeks | Legal implementation: 3–6 months | Ongoing governance: annual review

Succession planning is most effective when started early — ideally 5–10 years before the planned transition.

Professional Fee

Request a personalised quote

All fees exclude 18% GST. Transparent pricing, no hidden charges.

Frequently Asked Questions

What is a family constitution?
What is a family trust and when is it useful?
What are the tax implications of transferring business assets to the next generation?
How do you handle succession when there are multiple heirs with different interests?
What is a management buyout (MBO) and when is it appropriate?

You May Also Need

Business Structuring & Restructuring

Restructuring the business as part of succession planning.

Learn More

Valuation Services

Business valuation for succession and estate planning.

Learn More

Tax Planning & Advisory

Tax-efficient succession and estate planning.

Learn More

Financial Management Advisory

Financial management during ownership transition.

Learn More

Ready to get started?

Our team responds within 1 hour.