Pass on/Resume

The law on French agricultural orientation gives tax advantages to farmers who sell their business to young farmers.

To prepare for managing personal and non-personal interests in case they can no longer handle them alone or in the event of their death, a business leader can use two types of mandates: the future protection mandate and the posthumous mandate.

In order to ensure that companies continue to exist and remain stable, there are several measures that encourage business owners to pass on their business to their relatives.

The Dutreil pact allows, under certain conditions, to allow the transfer of a family business and benefit from an exemption through free transfer duties up to three-quarters of its value.

Agriculture plays a key role in our economy. And farming is unlike other businesses. French law offers special protection to farmers who face some difficult questions when the time comes to transfer ownership.