Venture capital: Enterprise management incentive options

The Enterprise Management Incentive (“EMI”) option regime came into effect in 2000. EMI options are intended to assist smaller high-risk companies to recruit and retain employees of high calibre, in the face of the strong competition for the services of such people from larger concerns and companies in other jurisdictions.

In broad terms, EMI options aim to do this by providing significant tax relief for employees in companies with fewer than 250 employees and gross assets of no more than £30m who receive options over no more than £250,000 worth of shares.

Set out below are the principal elements of EMI options and an outline of the tax reliefs potentially available to holders of EMI options and their employing company…

If you are registered and logged in to the site, click on the link below to read the rest of the Nabarro briefing. If not, please register or sign in with your details below.

Click on the link above to download briefing.

Briefings from Nabarro

View more briefings from Nabarro

Analysis from The Lawyer

View more analysis from The Lawyer

Overview

Lacon House
84 Theobald's Road
London
WC1X 8RW
UK
http://www.nabarro.com

Turnover (£m): 116.30
No. of Lawyers: 360