Why EMI schemes go wrong
The EMI scheme you’ll never have to reconstruct
“Will we definitely receive the tax benefits?”
Guided through the process
We guide you through the eligibility and valuation process. We then support scheme rules drafting and approvals. Each step carries a document, a date and a signature, so validity is a matter of record rather than recollection.
“Someone will bring a claim.”
Every leaver resolved
Good leaver, bad leaver, lapsed or exercised: every decision is tracked and recorded at the time, with the paperwork behind it. Not reconstructed under pressure years later.
“Our valuation expired and nobody noticed.”
Valuations tracked, not remembered
Shareflo records which agreed valuation backs which grant and when it runs out, and tells you before it does. You hear it from us, not from a diligence lawyer when you’re trying to exit.
setup
We guide you through the set-up process
Most EMI problems are set-up problems that only surface years later. Shareflo guides you through the steps, produces the scheme documentation — rules, approvals and awards — and gets them signed.
1
Scheme rules drafted to your terms, with the option pool created against your share capital.
2
The approvals — board resolution, and where required, a shareholder resolution and investor consent.
3
Signed in Shareflo — every approval and every award, digitally signed and filed against the record. No chasing PDFs round an inbox.
The administration
Everything after set-up, included
Grants
Issue an award, send it for signature, and it’s recorded with a signed dated document. There’s no limit on the number of awards you can make.
Vesting and leavers
Schedules, cliffs and milestones calculated continuously. Good leaver or bad leaver decided at the time, with unvested options lapsing on the rules you adopted.
Exercises and the ERS return
Valuations
We can help you arrange valuations. We then track which valuation backs which grant. Shareflo tells you before your valuation expires, not at the point someone wants to exercise.
THE WORDINGS
Your scheme, your situation — not a fixed template
Choose how your scheme behaves: vesting defaults and cliff, exercise triggers, what happens on an exit. Shareflo drafts the rules and every award agreement from those choices, so the documents say what you actually decided.
The wordings
£1,500
a year, flat
Scheme rules, board and shareholder approvals, option award agreements, s431 joint elections and exercise notices — drafted to your terms and digitally signed. No limit on the number of awards.
The administration
Included
with the platform
Granting, vesting, stopping vesting, exercising, cancelling, resolving leavers, tracking valuations and the ERS annual return. Every event in the life of a scheme, included.
Roles and portals
Your HR manager can run the scheme
Don’t spend your evening creating option awards. Shareflo has real roles, so awards, vesting and leavers are handled by the person whose job it actually is.
Your HR manager issues the awards, tracks vesting and handles leavers.
Your FD or Head of Legal files the ERS return and the SH01s.
Option holders see their own grants, vesting and documents in their portal — and stop asking you.