Pricing

Fixed fee packages for EMI - Growth shares - CSOPs - unapproved options and other services

We have set up many share option and growth share schemes (both for clients and on behalf of other accounting firms) and we are able to offer realistic economic rates that suit growing entrepreneurial companies. 

The preparation of share schemes is our core activity and our approach is highly efficient. Typically we deal with the process by phone, video call and email.

TO GET IN TOUCH - call us on 01392 432654, use the Contact Form or email us.

EMI

  • Services
  •  
  • Fixed Fees  
  • EMI Option Agreement providing for the grant of EMI options exercisable either based on time vesting or on an exit/sale of the company and incorporating standard leaver provisions and performance targets if required. Includes discussion and advice on how to structure your scheme.
  • £3,495  
  • Review of your Articles to assess conformance with the EMI scheme. Amendments done if required.
  • included  
  • HMRC Share Valuation Application consisting of carrying out the valuation, writing the letter to HMRC requesting agreement to the proposed share valuation, compiling supporting documentation and then any dialogue or negotiation with HMRC if required.
  • included  
  • Help sheets to guide you through every step of the process.
  • included  
  • A briefing document for employees showing the key terms of an EMI agreement including the tax implications.
  • included  
  • Board minutes approving the terms of the EMI Option Agreement and the grant of EMI options.
  • included  
  • Formal online notification of the grant of the EMI options to HMRC
  • included  
  • Share split – you may need to divide your shares to facilitate the option scheme if you have a small number of existing shares e.g. 100 £1 shares, which could be split say to 10,000 1p shares (enables the granting of small percentages for the option shares). Includes preparation of board minutes and shareholder resolution to approve the split.
  • included  

The services listed above should provide you with everything you need to set up your EMI option scheme.

Comparative pricing -

Vestd: £4500 paid monthly or £3780 paid annually (excludes shareholder resolutions, new Articles, online notification of the grant of the EMI options to HMRC)

SeedLegals: £2480 plus monthly membership (minimum £600) (excludes shareholder resolutions, new Articles, online notification of the grant of the EMI options to HMRC)

In some cases you may want other work carried out as below:

  • Advance assurance application, if necessary, to HMRC (for clearance that the company is eligible for EMI purposes) including preparing and sending the letter to HMRC requesting advance assurance, and the supporting documentation. Not usually needed for most companies.
  • £695  
  • Annual return to HMRC for your EMI scheme
  • £145 for a 'nil' return or £265 if changes need to be reported  

OTHER SHARE SCHEMES

TO GET IN TOUCH - call us on 01392 432654, use the Contact Form or email us.

  • Growth Share scheme - all you need: • Advice on design and structure • Share Valuation • New Articles of Association • Board minutes • Shareholder resolutions • Share subscription agreement • Scheme Rules • Companies House filings • A briefing document for employees
  • £3,495  
  • CSOP scheme - all you need: • Advice on design and structure • Share Valuation preparation and agreement with HMRC • Board minutes and Shareholder resolutions • Review of your Articles to assess conformance with CSOP. Amendments done if needed. • Option certificates and Scheme Rules • Formal online notification of the grant of the options to HMRC • Help guides for you and for employees
  • £3,495  
  • Unapproved share option scheme – where you wish to grant options to someone who is not an eligible employee, such as a non-exec director or consultant. This is a legal contract between the company and the person and unlike EMI, is not governed by any HMRC legislation in terms of content.
  • £895 if required alongside an EMI scheme or £1095 standalone  
  • Annual return to HMRC for your employee share scheme (growth shares, CSOP or unapproved options)
  • £145 for a 'nil' return or £265 if changes need to be reported  
  • HMRC Share Valuation Application only - consisting of the letter to HMRC requesting agreement to the proposed share valuation, compiling supporting documentation and then any dialogue or negotiation with HMRC if required.
  • Request quotation - depends on size and complexity but typically £1695  
  • EMI legal work as per the fixed fee list above, but with no HMRC share valuation or application
  • Request quotation- depends on size and complexity but typically £1895