如何做好股權(quán)激勵的落地運營？山東股權(quán)激勵主要運營事項包括成本管理、稅務(wù)管理、外匯管理和賬戶管理。如下：

How to effectively implement equity incentives? The main operational matters of Shandong equity incentive include cost management, tax management, foreign exchange management, and account management. As follows:

一、成本管理

1、 Cost management

從幾個工具的角度出發(fā)給大家普及一個基本概念。期權(quán)的成本或者價值會復(fù)雜一點，因為會涉及未來收益的時間價值和概率因素，期權(quán)一般會有模型計算每一股的期權(quán)價值，比如BS模型和二叉樹模型。

Popularize a basic concept from the perspective of several tools. The cost or value of options will be a little more complicated, because it will involve the time value and probability factors of future earnings. Options generally have models to calculate the option value of each share, such as BS model and binary tree model.

財務(wù)成本是我們在制定激勵計劃時非常重要的考慮點，不同的工具、授予方式、授予價格、解鎖時間、限制條件等都會對估值和成本產(chǎn)生影響。

Financial costs are a very important consideration when formulating incentive plans, as different tools, grant methods, grant prices, unlock times, and constraints can all have an impact on valuation and costs.

擬上市公司要充分考慮股份支付費用對申報期利潤的侵蝕，比如上市前期權(quán)計劃取消或加速行權(quán)等等都會對股份支付費用的確認(rèn)產(chǎn)生影響，需要多咨詢機構(gòu)。

Proposed listed companies should fully consider the erosion of share-based payment fees on the profits during the reporting period, such as the cancellation of pre listing rights plans or accelerated exercise, which will have an impact on the confirmation of share-based payment fees. Therefore, it is necessary to consult professional institutions more.

二、稅務(wù)管理

2、 Tax management

股權(quán)激勵涉及個人所得稅繳納，因公司是否上市、持股主體等因素，具體稅收政策不同?？梢钥瓷鲜泄緝蓚€工具的個稅規(guī)則：

Equity incentives involve personal income tax payment, and specific tax policies vary depending on factors such as whether the company is listed and the shareholding entity. You can see the personal income tax rules for two tools of listed companies:

期權(quán)授予時不征稅，行權(quán)時征稅，每隔一年、兩年、三年繳納稅款，行權(quán)時按照行權(quán)當(dāng)時的股票市價和行權(quán)價格的差額適用稅率、按照工資薪金所得征稅，一般股權(quán)收入比較大，會有35%到45%的水平。

There is no tax on the grant of options, and tax is levied on the exercise. The tax is paid every one, two, or three years. At the time of exercise, the tax rate is applied based on the difference between the market price of the stock at the time of exercise and the exercise price, and income from wages and salaries is taxed. Generally, equity income is relatively large, with a level of 35% to 45%.

未來售出時征稅，按照財產(chǎn)轉(zhuǎn)讓所得20%征稅，在A股目前是免征的，類似于散戶不交稅。

Tax is levied on future sales, based on 20% of the income from property transfer. Currently, A-shares are exempt from tax, similar to retail investors not paying tax.

限制性股票征稅邏輯類似，有個差別是股票市價按股票登記日市價和解禁日市價的平均水平。

The taxation logic of Restricted stock is similar, with one difference being that the stock market price is based on the average of the market price on the date of registration and the date of lifting the ban.

員工股權(quán)激勵收益的稅籌也是我們在項目中比較大的課題，比如如何通過降低稅基、改變納稅時點、研究稅收地等因素降低個稅支出，對激勵對象的實際收入有很大影響。

The tax financing of employee equity incentive income is also a major issue in our project, such as how to reduce personal tax expenses by reducing the tax base, changing the tax payment timing, researching tax locations, and other factors, which has a significant impact on the actual income of incentive recipients.

三、外匯管理

3、 Foreign exchange management

在境外上市并有員工股權(quán)激勵計劃的企業(yè)，在上市或新計劃發(fā)布3個月內(nèi)，公司需要就激勵計劃進(jìn)行7號文登記。7號文登記，是針對境外上市企業(yè)在境內(nèi)的員工通過企業(yè)股權(quán)激勵計劃，獲得境外收益的合規(guī)性登記。

Enterprises that are listed overseas and have employee equity incentive plans need to register the incentive plan with Document No. 7 within 3 months of listing or new plan release. Document 7 registration is a compliance registration for employees of overseas listed companies in China to obtain overseas profits through corporate equity incentive plans.

激勵對象需要通過所屬境內(nèi)公司集中委托一家境內(nèi)代理機構(gòu)統(tǒng)一辦理外匯登記、賬戶開立及資金劃轉(zhuǎn)與匯兌等有關(guān)事項，并由一家境外機構(gòu)統(tǒng)一辦理個人行權(quán)、購買與出售對應(yīng)股票或權(quán)益以及相應(yīng)資金劃轉(zhuǎn)等事項。境內(nèi)代理機構(gòu)要履行首次報備、年度和季度報備等事項。

The incentive objects need to entrust a domestic agency to handle foreign exchange registration, account opening, fund transfer and exchange through their domestic company, and a foreign agency to handle individual exercise, purchase and sale of corresponding stocks or equity, and corresponding fund transfer. Domestic agencies shall fulfill matters such as initial reporting, annual and quarterly reporting.

股權(quán)激勵計劃涉及到的外匯事宜可委托機構(gòu)進(jìn)行管理。

The foreign exchange matters involved in the equity incentive plan can be entrusted to professional institutions for management.

四、賬戶管理

4、 Account Management

如果授予的員工人數(shù)眾多，我們可以考慮把股權(quán)激勵的日常維護、運營工作外包給一些服務(wù)公司，包括系統(tǒng)初始化、授予員工激勵、協(xié)議在線簽署、開窗行權(quán)交易、財稅報表處理等等。

If the number of employees granted is large, we can consider outsourcing the daily maintenance and operation of equity incentives to some professional service companies, including system initialization, granting employee incentives, online signing of agreements, window exercise transactions, financial and tax report processing, and so on.

股權(quán)激勵已經(jīng)成為企業(yè)吸引、激勵和保留人才的重要工具，甚至有可能會影響企業(yè)未來的治理架構(gòu)。一個好的股權(quán)激勵方案既要考慮當(dāng)前的業(yè)務(wù)和人才策略，又要具有終局思維。

Equity incentives have become an important tool for enterprises to attract, motivate, and retain talent, and may even affect the future governance structure of enterprises. A good equity incentive plan should not only consider the current business and talent strategies, but also have a final decision thinking.

股權(quán)激勵不是一個簡單的人力資源方案，涉及法務(wù)、監(jiān)管、財稅等多個領(lǐng)域，因此需要統(tǒng)籌考慮、設(shè)計、有效溝通，確保合理、合法、合規(guī)。更多相關(guān)股權(quán)內(nèi)容就來我們的網(wǎng)站http://www.qingyanghualv.com咨詢吧！

Equity incentive is not a simple human resource plan, involving multiple fields such as legal, regulatory, and financial taxation. Therefore, it requires comprehensive consideration, professional design, and effective communication to ensure rationality, legality, and compliance. More relevant equity content can be found on our website http://www.qingyanghualv.com Consult!