Chartered Accountants in India, working with clients across Europe
Chartered Accountants in India, working with clients across Europe
India has no inheritance tax, but many European countries do, and Indian assets pass by Indian rules. A clear plan saves your family time and tax. What do you want to plan?
A will covering Indian assets avoids long succession processes. Probate may be needed in some cases.
A nominee receives the asset, but may hold it for legal heirs. Align nominations with your will.
A trust can manage assets after you, with tax and FEMA points to check.
Useful for some families; partition rules matter later.
HUF formationEuropean succession rules and inheritance taxes apply. The EU Succession Regulation can let you choose your nationality’s law.
We work alongside lawyers in India and Europe on legal documents.
| Country | Inheritance tax | Note |
|---|---|---|
| India | None | Gifts and inheritances from relatives aren’t taxed |
| Germany | Yes | Allowances depend on relationship |
| France | Yes | Can reach worldwide assets |
| Netherlands | Yes | Based on residence |
| Sweden | None | Abolished |
| Norway | None | Abolished |
General pointers only. Your local adviser confirms the position.
And legal heir details.
Probate or a succession certificate if needed.
Banks, shares and property moved to heirs.
For the deceased, filed by the legal representative.
Under FEMA rules for NRI heirs.
With current owners and nominees.
Inheritance and income tax.
With your lawyers.
Banks, demat, insurance.
As family and laws change.
Related pages.
We plan for families in every EU country, Switzerland and Norway.
Tell us your assets and family. We’ll map the tax and the steps.
General guidance based on the rules as they stand, including the Income-tax Act, 2025 and the Income-tax Rules, 2026. It is not legal, tax or financial advice for your situation; please contact us before acting on it.
