Startup Share Schemes: EMI vs Unapproved – Which One Works For You?

March, 2026
Estimated Reading Time: 1 minute

This is a recording of a presentation given by Michael Buckworth of Buckworths on the topic of ‘Startup Share Schemes: EMI vs Unapproved – Which One Works For You?

Whether you’re hiring your first employee, rewarding a long-time advisor, or planning a future exit, understanding share option schemes is critical for scaling smart. Michael Buckworth, founder of Buckworths, the only law firm in the UK working exclusively with startups and high-growth businesses presented an essential deep-dive into EMI and Unapproved Share Schemes. Discover which one fits your business and how to use them to attract, motivate and retain top talent.

What we covered:

  • EMI vs Unapproved: What’s the Difference?
  • EMI Essentials and the requirements for the UK’s tax-advantaged EMI scheme.
  • Unapproved Schemes Explained.
  • Break down of the legal and tax implications in plain English.
  • How companies use EMI and Unapproved schemes together to create a flexible incentives strategy.
  • Guidance on how to structure and implement your scheme correctly.
  • How to avoid costly mistakes.

 
For more information and help on EMI and Unapproved option schemes, contact Buckworths by phone on 020 7952 1723 or via email at [email protected].

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