Grant tax-advantaged Enterprise Management Incentive share options to key employees – eligibility and compliance checklist, board minutes approving the grant, a full option agreement with exercise, leaver and exit terms, and the HMRC reporting steps.
Raising investment
EMI Share Option Pack (Option Agreement, Board Minutes and Checklist)
About this document
EMI options let qualifying companies give key employees the right to buy shares in the future at today’s value, with valuable tax advantages: normally no income tax or National Insurance when the option is exercised, and capital gains tax (potentially at the Business Asset Disposal Relief rate) on a later sale. The tax benefits depend on strict conditions being met and reported correctly. This pack takes you through eligibility, approval, the option agreement itself and HMRC reporting.
The document is laid out in the sections below. Each one comes with a plain-English guidance note explaining what it does and what to change.
Our templates are professionally structured starting points for UK businesses, not legal advice. For anything complex, unusual or high-value, have your final version checked by a solicitor.
Included in the pack
Raising investment
for every document in this category
Editable Microsoft Word files
Guidance notes in every document
Written for UK businesses
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