Tag: ISD

Family business exemption

Three young business professionals standing together and discussing over business report in office hallway. Office colleagues revieving a business document on the tablet in coworking

The requirements for a company to be considered as a “family business” and to be able to benefit from the exemption in Personal Income Tax, Inheritance and Gift Tax, as well as Wealth Tax, are the following: In addition, in order to qualify for this exemption right, the company must allocate at least more than… Continue reading Family business exemption