ALRUD's Labour and Tax experts held a joint webinar in English titled ‘Implementing International Employee Share Plans in Russia’
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ALRUD's Labour and Tax experts held a joint webinar in English titled ‘Implementing International Employee Share Plans in Russia’ on 9 February.
The webinar was moderated by Irina Anyukhina, Partner and Head of Labour and Employment Practice. Speakers at the online meeting included Of Counsels Olga Pimanova and Elena Novikova as well as Associate Elena Skoptsova.
Long-term equity-based incentive programs remain a popular tool for motivating and engaging employees to develop companies and make greater contributions to their success. Companies are increasingly considering adopting or revising their long-term incentive programs to motivate and retain talented staff as well as employees involved in key projects, IPOs, corporate reorganizations or M&A deals.
Needless to say, the use of international programs requires particular focus on local legal framework, including securities, tax, exchange control issues.
The experts spoke about ways to mitigate legal risks when implementing long-term incentive programs in Russia.
The webinar addressed the following topics:
Russian securities regulations - what international companies should take into account?
Personal data aspects - when employee’s consent and PD transfer agreement are required?
Russian tax issues that should be taken into consideration – when and how to pay the tax?
What is necessary for currency control compliance in Russia?
The presentation can be downloaded here.