Employee Ownership Trusts (EOT)
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Employee Ownership Trust FAQs
What is an Employee Ownership Trust (EOT)?
When can an Employee Ownership Trust (EOT) be used?
Why would a company choose to become employee-owned?
What are the tax benefits of an employee ownership trust?
How are employee ownership trusts funded?
Can all employees benefit from an employee ownership trust?
Do employees manage the company in an employee ownership trust?
Are there any legal requirements for setting up an employee ownership trust?
Yes, there are legal requirements and specific processes involved in setting up an employee ownership trust.
Can an employee ownership trust be used for succession planning?
Yes, an employee ownership trust can be an effective succession planning strategy for business owners looking to retire.
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