EMI Share options
Are you a growing UK-based small or medium-sized enterprise (SME) looking to attract and retain top talent? One of the most effective ways to incentivize and reward key employees is through an Enterprise Management Incentive (EMI) share option scheme. However, navigating the legal intricacies and practical implementation of such a scheme can be daunting. That's where our expertise comes in.
Wherever possible, we offer fixed fees rather than hourly rates. We want our fees to be transparent and clear with no nasty surprises. Our fees are usually payable upon commencement of your matter. For all other work, our standard hourly rate of £300 (inc. VAT) applies.
With over two decades of legal experience and a deep understanding of current market practices, we specialise in assisting SMEs like yours in setting up EMI share option schemes. Here's how we can help:
Comprehensive Advice and Guidance: Our team provides tailored advice on every aspect of setting up an EMI scheme. From structuring the scheme to drafting the necessary documentation, we offer guidance to ensure compliance with legal requirements and best practices.
Expert Implementation: Setting up an EMI scheme involves more than just drafting documents—it requires meticulous implementation. Leveraging our wealth of experience, we guide you through the entire process, from initial planning to final execution.
Customised Documentation: As part of our service, we draft a set of share scheme rules tailored to your specific business needs. Additionally, we provide template option award agreements, corporate resolutions such as board minutes and shareholder consents.
Registration and Management Support: We don't just leave you with the paperwork. We provide ongoing support and guidance on how to register and manage your EMI scheme effectively. Whether it's navigating HM Revenue & Customs (HMRC) requirements or addressing employee queries, we're here to support you every step of the way.
Compliance Assurance: Ensuring compliance with relevant laws and regulations is paramount when implementing an EMI scheme. With our expertise, you can rest assured that your scheme is fully compliant, minimizing the risk of any legal issues down the line.
At FAY Consulting, we understand the unique challenges faced by SMEs, and we're dedicated to helping you overcome them. Our goal is not just to set up an EMI scheme for your business but to empower you to attract, retain, and motivate top talent, driving your company's growth and success.
Ready to take your employee incentives to the next level? Get in touch with us today to learn more about how we can assist you in setting up an EMI share option scheme that's tailored to your business needs.