Our Corporate Law department have experienced solicitors who can assist you with an Employee Ownership Trusts. Otherwise known as an EOT it is an tax efficient and increasingly popular way to sell your business to your employees.
Becoming an EOT enables a business owner to sell their shares in a business to a trust created for the benefit of the employees. The EOT will become the owner of the business and will be ran for the benefit of the employees.
This is a tax-efficient structure which creates significant tax savings for both the business owner and the employees.
Many companies report significant growth after completion of an EOT as employees directly benefit in the growth of the Company.
We have assisted a number of companies in putting in place EOT and can recommend tax advisors to assist as appropriate with tax aspects of the transaction.
Whatever the circumstances of the deal and whatever the sector, our experienced team of corporate solicitors will meet with you to discuss your requirements and provide you with a case plan and a budget to assist you.
For help and assistance on queries relating to corporate matters please contact our team on 0161 832 6131 or alternatively you can get in touch by filling out one of our online enquiry forms placed at the foot of this page.
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