1 September 2015
Client Alert | France | M&A / Corporate | Tax
The law for growth, activity and equality of economic opportunities (known as the "Macron law") was published on 7 August 2015.
Among the various measures of the Macron law, those relating to free share plans are likely to result in a significant increase in the use of such instruments as equity-based incentive plans for employees and officers.
The legal and tax regime of founders' warrants (BSPCEs, which stands for "bons de souscription de parts de créateurs d'entreprises") has also been amended, unlike the regime of stock-options, which remains unchanged.
Please click on the link below to download the full Client Alert.