Welcome to the Madrid family Firm Association webpage and thank you for visiting us. We hope you will get useful information. Madrid Family Firm Association (AMEF in its Spanish acronym) is an independent non-profit organization that groups leading family companies from Madrid.
All its members are Chairmen CEO’s or members of the board of directors of the companies they own. The AMEF was established in 2001 under the law governing professional and trade associations. It is a legal and independent entity with its own assets, in order to cover the administrative and operating costs of the association, its members pay annual fees. We do not accept any public or private subvention or sponsor.
Through its activities, emphasizes the importance of family-run businesses as wealth and employment generators in Madrid and in Spain.
our goals are
COMMUNICATE OUR RELEVANCE
GUIDE NEW GENERATIONS
ACHIEVE A BETTER LEGISLATION
STRATEGIC CHALLENGES FOR THE FAMILY BUSINESS
SUCCES FACTORS OF THE FAMILY BUSINESS
A company, of any size, is a family business if
1. VOTES IS IN POSSESSION OF THE FAMILY
The majority of votes is in possession of the natural person(s) who established the firm, normally a couple, or he/she or both are in possession of the natural person(s) who has/have acquired the share capital of the firm, or in the possession of their spouses, parents, child or children’s direct heirs
2. Family representation
At least one representative of the family or kin is involved in the management or administration of the firm
3. 25% of the right to vote
Listed companies meet the definition of family enterprise if the person who established or acquired the firm (share capital) or their families or descendants possess 25 per cent of the right to vote mandated by their share capital. Sometimes this companies where families does not hold the voting majority but through its ownership can exert conclusive influence.