EMI

EMI: stands for the Enterprise Management Incentive and means a share option scheme that enables companies to attract and retain key personnel by rewarding them with equity participation in the business, while enjoying a special tax regime in the UK. It is specifically designed for companies with assets of £30 million or less, who wish to grant options to employees or directors who work for at least 25 hours per week. Other criteria must be met to implement an EMI scheme, with further information available through the UK government website.