erald Trust can offer considerable benefits to both employers and employees in terms of tax efficiency, the creation of bonus and incentive schemes, and administrative convenience.

Benefits of Employment Companies for Individuals

• Flexible structures
• Accumulation of capital
• Administrative efficiency for expatriate individuals

Benefits of Payroll Companies for Organisations

• Flexible structures
• Accumulation of capital
• Administrative efficiency for international companies

Benefits of Employee Benefit Trusts

• Wholly for the benefit of employees
• Tax efficient method of remunerating senior executives
• Include Deferred Compensation Schemes to mitigate or delay tax events
• Efficient wealth accumulation

Benefits of Employee Share Ownership Plans

• Wholly for the benefit of employees
• May hold shares, options, or bonuses
• Widely accepted method of incentivising employees
• Efficient wealth accumulation

Herald itself does not give legal advice or tax advice. In the appropriate cases it will introduce other legal or taxation firms to advise the client on each proposal.