Start-ups rely on employees and their incentivisation. In addition to the already established options, the German Future Financing Act (ZuFinG) passed in November 2023 has expanded the toolbox for employee participation with the new Section 19a of the German Income Tax Act (EStG), and profit participation rights in particular have come into focus. In a specialist article in the "Corporate Finance Law 2024" issue of GoingPublic Verlag, GÖRG partners Dr Bernt Paudtke and Dr Stefan Heyder explain the changed rules for the taxation of employee participation schemes and show what structuring options young companies have.

Find online article here (German)