Top 10 of 10 law firms for Employee Ownership Trusts, Pensions Law | Southwark, London
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Employee ownership trusts, or EOTs, are a way for a company to sell or assign ownership to its employees through a discretionary trust that holds shares for the workforce. A solicitor helps design the structure, draft the trust deed and articles, and ensure the arrangement complies with relevant law and tax rules so that employees benefit from ownership without triggering unintended liabilities. The work also covers advising on the exit strategy for any selling shareholder and coordinating with accountants and the company to implement ongoing governance and reporting obligations.