Being the owner of incorporation shares has substantial disadvantages

1. You will have to pay taxes and in many cases notary costs, if you are looking to sell and transfer your shares;
2. You will have to pay transfer taxes if you want to grant the shares to your children;
3. Your heirs will have to deal with death duties if you pass away;
4. The benefits of your incorporation may come into the hands of a legal heir, even if  you don’t want to.
5. You will have do deal with unpleasant consequences if you are managing director of the company as well as shareholder. ( Legal minimum wages etc. )
6. You risk a seizure on your shares in case of private debts.

The use of a Private Foundation as the owner of the shares of the incorporation protects you in all these cases.

1. You can change ownership without being subject to taxes nor seeing a notary.  Pinkpoint Management N.V. gladly adjusts the beneficiary of the Private Foundation;
2. Your children will become the new beneficiaries of the Private Foundation. No taxes are applicable;
3. By means of a letter written to the management, you can appoint your heirs as future beneficiaries of the foundation. No taxes apply;
4. You are the one who decides who will become the future beneficiaries of the private foundation and therefore indirectly the the beneficiaries of your company.
5. You are not both managing director and shareholder. This can offer many advantages. Think of social security etc.
6. Your personal debts are separated from your business assets. In case of financial issues in your private life, your business interest is well protected. The continuity of the company under your management is guaranteed.