Statistics show that there are more than one million family businesses in Spain. This number reflects the significant role of companies held by different generations of the same family. As a result of their importance in Spanish business, there is a real need for them to be effectively and sustainably managed.
One feature of a family business is that personal bonds are more important than corporate or company ones.
This situation means you have to take a multidisciplinary approach to managing family companies. Besides integrating company sectors, this approach must also consider the impact on the company of regulations under Spanish law.
In our law firm, we have been working with family businesses for almost eight decades as a result of the balance we offer between technical knowledge in business, tax and employment matters, and our specialisation in civil law. We advise family businesses in their planning and management, as well as in conflicts that may arise as a result of inheritance. We always look for balance between the real interests of the company and decision-making that impacts the stability of the family.