Please note that this News item is not maintained, and reflects the law as at the date of publication or update.
If you are considering the future ownership of your business, we recommend investing time considering whether employee ownership could be a suitable solution. In brief, employee ownership involves the employees owning a stake in your company. However, what form such ownership should take will depend on your business’ current and future needs and circumstances.
To assist with navigating the various options of employee ownership available, you may find the following briefing notes of use:
- Employee Ownership – Here, we set out the benefits of employee ownership and examples of the various structures available to your business.
- Enterprise Management Incentive Schemes – Here, we provide a brief overview of what Enterprise Management Incentive Schemes involve, including the requirements that must be met in order to receive favourable tax treatment.
- Growth Share Schemes – Here, we provide a brief overview of what Growth Share Schemes are and the advantages available for the company, existing shareholders and employees who partake in such a scheme.
- Employee Ownership Trust – Here, we set out when a sale of a company to an Employee Ownership Trust may be beneficial and the advantages to the shareholders selling their shares.
We have also prepared more detailed complimentary guides on Enterprise Management Incentive Schemes, Growth Share Schemes and Employee Ownership Trusts. To receive our guides, please email any of the following:
Mark Williams, Beth Jones or Christiana McKeown.
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