The Importance of a Good ESOP and Tax Plan for Start-ups

Growing and expanding a start-up comes with a fair share of trials and tribulations. Talent retention and tax planning are some of the key challenges for most start-ups.

As an endeavour to appeal to the top talents, Employee Share Option Plan (ESOP) could be the right tactic for your succession plan. ESOP incentivize and motivate the employees through participation in the growing value of the start-up.

Moreover, given the high growth potential, it is of utmost importance that tax strategies are carefully tailored ahead of your next funding round to minimize tax and increase asset protection.

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