Family Business Transfer of Ownership

Overview

The purpose of the incentive is to assist and facilitate family businesses to transfer their business from one generation to the next by providing benefits including governance and fiscal benefits for the better management and organisation within the family and the business.

What you'll get

The total amount of de minimis aid granted to a single undertaking shall not exceed the amount of €200,000 over any period of three consecutive fiscal years.

Eligibility

The Applicant must be registered as a Family Business with the Family Business Office and be in possession of a validly renewed certificate of registration issued by the Family Business Office.

The Applicant must not have any debts related to VAT, Income Tax and Social Security.

The Applicant must not be engaged in activities specifically excluded under the de minimis Regulation 

How to apply

Fill in the online form, and submit.

Documents Required

Application Form
Family Business Certificate
Tax Compliance Certificate
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