Dive into the world of stock options with Mindaugas Lukas

The latest update from Lithuanian tax authorities highlights tax advantages and guides businesses on how to apply. With STI’s categorization and updates of relief scenarios, clarity does not yet become the name of the game. This revelation puts more light on the classic situations but cannot be called a game-changer for startups leveraging options to inspire and empower their teams.

STI’s commentary provides certain valuable insights and gives its understanding about the terms of tax benefits available. However, amid this clarity, certain challenges remain untouched and new questions arise. Simplified approach built on four essential pillars: shares as the form of benefit, grantor’s identity, employees as beneficiaries and a crucial 3-year deferral window; should be the basis for the tax assessment and, according to Mindaugas, could become real empowerment which comes from creating customized options that match specific goals of the employers and the employees.