On Tuesday, 29th October, the Malta Institute of Accountants held its annual Tax Conference: Exploring Emerging Trends in Taxation at the Xara Lodge in Rabat.
Among the highlights of the event was a panel discussion focused on the complexities of passing family businesses across generations, where our very own David Zahra joined industry experts Craig Schembri, Anthony Pace, and Silvan Mifsud. The session, titled Family Businesses: Restructuring for Succession, was moderated by Ruth Farrugia.
The panel delved into the unique challenges and solutions surrounding family business succession. Key topics included balancing business maturity, family dynamics, and share fragmentation—each critical in ensuring a smooth transition. The discussion also explored strategies like mergers, acquisitions, and employee incentives as viable paths for continuity and growth.
Emphasizing the importance of early alignment in family interests and thoughtful tax planning, the panel highlighted the essential role of trusted advisors in guiding businesses through succession. By planning ahead, families can minimize financial burdens and secure a legacy that endures through future generations.
Contact David Zahra (david@davidzahra.com) to learn more about how we can support family business succession with strategic solutions tailored to your unique needs.
