Equity-based compensation in Italy

Equity-based compensation

What are the prevalent forms of equity compensation awards in your jurisdiction? What is a typical vesting period? Must the arrangements be offered to a broad group of employees, or can the employer select the participants?

Not applicable (see questions 9 to11).

Must equity-based compensation be granted by the company’s board of directors (or its committee) or can the authority be delegated to officers or employees of the company? Are there limitations or requirements that apply to delegation?

Not applicable.

Are there forms of equity compensation that are tax-advantageous or disadvantageous to employees or employers?

Not applicable (see question 11).

Does equity-based compensation require registration or notice? Are exemptions, or simplified or expedited procedures available?

Not applicable (see questions 9 to 11).

Are there tax withholding requirements for equity-based awards?

Not applicable (see question 11).

Are inter-company chargeback agreements between a non-local parent company and local affiliate common? What issues arise?

Not applicable for labour law (specific tax rules govern this matter).

Are employee stock purchase plans prevalent or available? If so, are there any frequently encountered issues with such arrangements?

Employee stock purchase plans are available but not prevalent. See questions 9 to 11.