Private Client Services & Family Offices
Preservation and maximizing personal and family wealth involves various tangents such as personal aspirations, family dynamics and other socio-economic factors. All this warrants a distinct approach and bespoke and tailored solutions of trusted advisors. With years of experience, we act as trusted advisors, guiding clients through the complexities of their personal and business life cycles.
Promoter and family wealth related matters involve sensitive issues and cookie-cutter solutions may not achieve desired results. Also the dynamic and ever evolving domestic and international tax and regulatory landscape germinates myriad challenges and warrants the need to ensure that the operations are structured in an efficient and compliant manner.
Key Questions to Consider:
- How well are Promoters insulated from the risks caused by business operations & personal disposition?
- Has the plan for inheritance of the family holdings been outlined to protect against future contingencies?
- Is there a residency shift plan being contemplated by anyone in the family? Does your succession plan factor this?
- Have you factored interplay of personal law and your special needs?
- Does your holding structure mitigate future conflicts between stakeholders?
- Have you thought about succession planning for preservation and most appropriate requirements of the family wealth?
- Is the shareholding enabled for value consolidation to facilitate fund raise and maximize shareholder value?
- The Effective Tax Rate of the group is optimized but what about the taxability at the promoter level?
Our offering focusses on the one stop shop Promoter/Family focused multiservice experience, leaving no questions unanswered. Our expertise provides the insights and foresight needed to support the entrepreneurial journey through:
- Wealth Creation
- Wealth Consolidation
- Value Realization and Monetization
- Wealth Protection and Preservation
- Wealth Distribution and Succession Planning
Services
Family Office Planning
Ring fencing of personal assets of the promoter family calls for family office buildout. We will assist you creating a family office in India including review/drafting of relevant charter, reviewing policies, strategic planning, wealth transition.
Value Consolidation
We assist promoters in realignment of the current promoter shareholding to attain value consolidation, ring-fencing promoters from operational and other risks, and enable fund raise/succession planning needs. This also involves putting in place a tax efficient profit extraction strategy from investee companies to ensure long-term upstreaming of the profits with minimum tax seepage. We also identity investment strategies aimed at tax efficiency at the time of acquisition, holding and exit including assistant in structuring disposal of shares/investment assets as well as personal asset in an efficient manner to maximize post tax receipts.
Family Investment Planning (Including Global Asset Investments)
With the evolution of the domestic and intentional tax laws it is imperative to re-evaluate overseas holding structures and building in efficiencies in the structure. Conceptualising and setting up of overseas asset holding vehicles structure for any future personal and business aspirations. We assist promoter in creating wealth through acquisition and investments in an efficient manner from the promoter perspective.
Overseas assets help in diversification and attaining different assets class. We provide valuable insights and bespoke solutions including funding modalities for overseas acquisition to help effectuate the investment activity in a tax efficient manner. Our tax specialists also assist promoters to structure asset holding vehicles for their overseas personal and business interests in a variety of economies and tax jurisdictions. The goal is to protect global wealth whilst managing tax exposure across a range of different taxes and locations.
Estate Planning and Succession Management
We provide Comprehensive support with Wills and Probate to ensure smooth Estate Planning and Succession Management.
The key to successful succession planning is clearly defining how assets should be structured to pass interests in the business and/or assets to the chosen beneficiaries in the most in a tax efficient and regulatory compliant manner through trusts or other structures. The entire succession planning solution is designed keeping in mind your personal and financial objectives while also ensuring tax minimization. Building bespoke solutions in the succession planning like installment sales of staggered holding, generation-skipping planning, philanthropy activities etc to suit your priorities. We also provide comprehensive handholding solutions to ensure transfer of existing Indian/overseas assets to the intended beneficiaries through gifts, will, HUF, Indian/overseas trust structures (including jurisdiction of the foreign trust).
Other Specialist Services
- Capital Tax Planning
- Establishment and management of Trusts or Special Purpose Vehicles (SPVs)
- Advice on Residence and Domicile matters
- Assistance with Overseas Remittances
- Property and Investment Planning
- Management of Tax & Regulatory requirements such as:
- Tax examination and representation services.
- Tax and regulatory advisory and support services.
- Promoter level compliances including income tax, corporate law and regulatory.
- Health check and review of the current holding to ascertain non-compliances and Promoter exposure emanating therefrom assist in resolution thereof through representations before the concerned authorities.
