Employee Share Incentives Lawyers
Share incentive plans are useful tax schemes in the UK which provide benefits for both your business and employees. There are a number of different type of schemes with different advantages but the key common trait is they seek to encourage employees to remain with the business as it grows on the basis that they can benefit from shares in the future.
What is a Share Option?
In these employee share schemes you will grant employees a Share Option. A Share Option gives the option holder the chance to purchase shares in the company at a future date, with the purchase price often set at the time of the grant. Employees are incentivised to stay with the business to help develop it in order to reach the triggering event to exercise their Share Option. Only once this event is triggered will an employee be able to purchase the shares and benefit from the dividends they create, making them an effective form of providing benefits to employees whilst the company is still starting out.
Our Employee Share Incentive Legal Services include:
- Discussing the range of schemes which you could implement for your employees and advising which would be most suitable for the needs of your business.
- Introducing you to trusted accountants who can perform the valuing tasks and ensure that the scheme is tax compliant.
- Executing the paperwork to finalise the scheme.
Types of Share Schemes We Handle
We deal with all kinds of share schemes and can implement whichever one suits the needs of your business the most. Please contact us should you want any further advice as to whether you can implement:
- An Enterprise Management Incentive (EMI)
- A Company Share Option Plan (CSOP)
- SAYE (Save As You Earn) option scheme
- A Share Incentive Plan (SIP)
Our Expertise in Employee Incentives
Our Corporate Lawyers have implemented many such schemes in the past so we have expertise in advising which schemes would be the most appropriate for your company. We know what is required of the process so can guide you through to implement the scheme quickly by providing clear, practical advice on these share–based incentive arrangements.
Contact Our Share Incentive Lawyers
Our Share Incentive Lawyers are available to answer any queries you may have regarding whether a Share Incentive Scheme is appropriate for you. Please feel free to get in touch.
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