December 31, 2019 | Chugh LLP

Day: December 31, 2019

Issuing Stock Options to Employees of a Foreign Subsidiary

Companies that are headquartered in the US often want to provide stock options to their international subsidiaries as a way of building loyalty with employees. Luckily, this is possible and may carry tax benefits. We are going to examine the two most commonly-used stock options that may be issued to your employees of foreign subsidiary or parent companies – ISOs and NSOs – and their tax implications.

Are Non-Compete Agreements Enforceable in New York?

Preventing employees from working for a competitor is a big challenge for companies. Not only is it tough to lose innovative talent, such moves can put corporate secrets at risk. For this reason, employers often use non-compete clauses as a way of protecting their confidential information. However, non-compete clauses must meet strict requirements in the state of New York to be legally enforceable.

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