Before granting EMI share options, you need an HMRC-approved EMI valuation, which establishes the exercise price at which employees can acquire shares. Getting this right is important because the valuation determines the tax position for your employees on exercise. The aim is a lower valuation than you would seek from investors, which benefits your employees. Options must be granted within 90 days of HMRC approving the valuation.
We handle the valuation process in full, preparing the necessary documentation and liaising with HMRC to secure approval.