Use case

Manage Global Equity Compensation

Whichapp EditorialReviewed April 2026
Last reviewed: April 2026 · Based on EOR provider equity features, cross-border tax treatment data, and global equity compliance research

Your VP of Engineering just offered stock options to a developer in Germany. Three months later, you discover the grant created a withholding obligation that nobody flagged, the vesting event triggered income tax the employee was not expecting, and your equity plan has no German-specific addendum.

This is what happens when startups extend equity internationally without understanding how the tax treatment changes by country.

Equity compensation is the single most powerful retention tool for startups hiring Remote international talent. It is also the single most complex area of cross-border employment compliance.

This guide covers which equity types work through an EOR, how taxation differs across countries, which providers actually support equity administration, and the mistakes that turn your incentive programme into a compliance liability.

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2 providers · links may include affiliate referrals

Deel

See current pricing, plans, and how setup works.

Remote

See current pricing, plans, and how setup works.

What types of equity compensation work through an EOR?

Stock options (ISOs and NSOs), restricted stock units (RSUs), employee stock purchase plans (ESPPs), and phantom equity all operate differently under EOR arrangements. The EOR is the legal employer, not the company issuing the equity, which means the equity grant agreement must identify the parent company as the grantor.

ISOs are US-specific and require IRS-qualifying conditions including a maximum $100,000 annual vesting limit. Non-US employees typically receive NSOs or RSUs instead.

RSUs are the most portable equity type for internationally mobile employees. Phantom equity avoids cross-border securities law complexity but lacks the psychological impact of real ownership.

The EOR can facilitate payroll withholding at vest/exercise but does not administer the equity plan itself. You need a separate equity administration platform (Carta, Shareworks, Capshare) that the EOR connects to for withholding calculations.

How is equity compensation taxed across different countries?

Equity taxation varies significantly by country. In the US, ISOs are subject to AMT at exercise; NSOs are taxed as ordinary income at exercise. In the UK, approved EMI options benefit from capital gains rates; unapproved options face income tax and NIC at exercise.

Germany taxes RSU vesting as employment income subject to wage tax and social contributions. France has a qualified stock option regime (PGO) with a 30% flat rate on gains; RSUs outside the PGO are taxed as ordinary income.

Australia taxes options at exercise (or grant for qualifying schemes). Canada taxes stock option benefits as employment income with a possible 50% deduction.

Brazil taxes at exercise as employment income with social contributions. Japan taxes at exercise as miscellaneous income.

For the EOR, the practical implication is country-specific withholding at vesting/exercise, which requires the equity platform to send event data to the EOR payroll system before each payroll cut-off.

Which EOR providers actually support equity administration?

Deel supports equity management across 150+ countries and integrates directly with Carta and Shareworks. Remote handles equity withholding and reporting across 80+ countries via its Equity tool. Multiplier supports equity administration in key APAC markets with direct integration for withholding.

Rippling offers the deepest US equity integration; international equity support is available but requires configuration. Papaya Global processes equity events through its payroll engine but requires manual plan data input from the customer.

No EOR administers the equity plan itself. All require the equity event data (grant, vest, exercise) to be fed into their payroll system for withholding calculations. Verify the integration path before committing to an EOR for equity-heavy hiring.

What reporting and withholding obligations does equity create?

We mapped the reporting deadlines and withholding trigger points across eight countries where EOR hiring is most concentrated, and the obligations are more varied than a single compliance calendar can capture.

Equity compensation creates reporting obligations for both the employer (the EOR entity) and the parent company.

The timing, format, and filing authority differ by country, and getting this wrong exposes both the company and the employee to penalties.

Withholding happens at different events depending on the country. For RSUs, withholding is triggered at vesting in the UK, Germany, France, India, Singapore, Australia, and the Netherlands.

For stock options (NSOs), withholding is triggered at exercise. Some countries also impose reporting requirements at grant. The EOR must process the withholding through its payroll system at the correct moment.

The sell-to-cover mechanism is standard for RSUs. Because RSUs vest as shares rather than cash, the employer typically sells a portion of the vesting shares to cover the withholding amount.

Your EOR needs to coordinate this with your cap-table platform. If the timing is off, the employee receives fewer shares than expected or the withholding amount is incorrect.

Country-specific reporting deadlines create a compliance calendar. The UK requires an annual share scheme return to HMRC (deadline: 6 July following the tax year).

Germany requires electronic filing of equity income through the monthly payroll submission.

India requires reporting via Form 12BA alongside the annual return.

Singapore requires IR8A reporting, plus the employer must report and withhold when an employee ceases Singapore employment, because all unvested equity is deemed exercised at that point.

The parent company has its own filing obligations. In many jurisdictions, the parent company (not the EOR) must file notices related to its equity plan.

This includes securities registrations, prospectus exemption filings, and plan-level reporting.

The EOR handles the employment-tax side. The parent company handles the securities-law side. If nobody owns the coordination between these two tracks, filings get missed.

Compliance calendar snapshot

Key equity reporting deadlines by country

UK: HMRC share scheme return by 6 July annually. Germany: monthly electronic payroll filing.

India: Form 12BA with annual return. Singapore: IR8A annually, plus deemed-exercise reporting on employee departure. US: W-2 reporting for the tax year, plus Section 6039 information return for ISO exercises.

Missing a single deadline can trigger penalties ranging from fixed fines (UK: GBP 100 per day after the deadline) to percentage-based penalties on the unreported income.

In India, non-compliance with FEMA regulations for cross-border equity can result in penalties up to three times the amount involved.

What mistakes do companies make with global equity compensation?

The most common mistake: issuing equity grants before confirming the tax treatment in each country. RSU vesting in Germany without payroll withholding creates a tax debt that accrues interest. Granting ISOs to non-US employees violates the ISO qualification requirements and converts the option to an NSO retrospectively.

Second most common: running equity events through a manual process outside the payroll cycle. The equity platform sends a spreadsheet; payroll processes it the following month. The tax authority expects withholding in the period of the event, not the following period.

Third: ignoring the securities law filing requirements in each country. This is the mistake that creates personal liability for directors of the issuing company, not just a payroll tax penalty.

What should you do before granting equity to international employees?

Before the first grant: confirm the tax treatment in each country where you have employees, establish the payroll integration between your equity platform and the EOR, and obtain securities law advice for any jurisdiction that requires a prospectus exemption.

For each new country: run a country-specific equity tax analysis, confirm the EOR’s withholding capability for that jurisdiction, and document the grant-to-payroll notification workflow. A one-page process document per country prevents the most common errors.

Use a single equity administration platform across all jurisdictions. Fragmented equity record-keeping is the root cause of the majority of cross-border equity tax failures.

Check current provider details

2 providers · links may include affiliate referrals

Deel

See current pricing, plans, and how setup works.

Remote

See current pricing, plans, and how setup works.

Frequently asked questions about equity compensation through an EOR

Can you grant stock options to employees hired through an EOR?
Yes, but with restrictions. You can grant Non-Qualified Stock Options (NSOs), RSUs, phantom stock, and SARs. You cannot grant Incentive Stock Options (ISOs), because ISOs require the recipient to be a direct employee of the issuing company. The equity grant comes from your parent company, not the EOR. The EOR handles the payroll withholding when the equity creates taxable income.
How are RSUs taxed for international employees?
RSUs are generally taxed as ordinary income at vesting in most countries, based on the fair market value of the shares at that point. The employer (EOR entity) must withhold tax at vesting. Rates vary significantly: Germany taxes at up to 45% plus solidarity surcharge, while Singapore taxes at progressive rates up to 22%. Any gain between vesting and eventual sale is typically taxed as capital gains at a lower rate.
What is the difference between ISO and NSO for EOR employees?
ISOs offer tax-advantaged treatment in the US (no tax at exercise, capital gains at sale if holding periods are met). NSOs are taxed as ordinary income at exercise. EOR employees cannot receive ISOs because the IRS requires the recipient to be an employee of the granting company. NSOs are the only option-style equity available to EOR employees, and the spread at exercise is taxed as employment income in every jurisdiction.
Do EOR providers handle equity tax withholding automatically?
Some do, some do not. Deel processes equity withholding in 50+ countries and integrates with Carta. Papaya Global offers equity management with local advisory support. Remote can handle equity-related payroll adjustments. Others manage statutory payroll but lack the systems to process equity events. Always confirm your EOR’s equity capabilities before the first vesting date.
Which countries restrict foreign stock ownership for employees?
India is the most notable: employees receiving shares from a foreign company must comply with RBI regulations under FEMA, including specific reporting and potentially prior approval. China has strict controls on cross-border equity, requiring SAFE registration. Brazil has BCB (Central Bank) reporting obligations for foreign equity holdings. In these countries, phantom stock or SARs are often simpler alternatives because they avoid the cross-border share transfer.
What happens to equity when you switch EOR providers?
The equity grant itself is between your parent company and the employee, so it survives an EOR transition. However, unvested RSUs or options may trigger deemed-exercise provisions in some countries (notably Singapore) if the employment relationship with the original EOR is terminated. The new EOR must be set up to handle ongoing withholding obligations for future vesting events. Plan the transition to avoid gaps in payroll-side equity processing.
How do you handle equity for employees who relocate between countries?
Equity income is typically allocated between jurisdictions based on workdays during the grant-to-vest period. If an employee moves from the UK to Germany mid-vesting, the RSU income at vesting may be taxable in both countries, with foreign tax credits used to avoid double taxation. This requires accurate workday tracking and coordination between the EOR entities in both countries. Tax treaty provisions determine the allocation methodology.
Should you use phantom stock instead of real equity for EOR employees?
Phantom stock avoids securities registration and foreign share-ownership restrictions, making it simpler to administer internationally. The main limitation is that phantom stock is treated as deferred compensation on the company’s balance sheet (not equity), requires mark-to-market accounting, and the cash payout is still taxed as employment income. Phantom stock works best in countries with restrictive cross-border equity rules (India, China, Brazil) or when you want to avoid cap-table dilution.

How we approach global equity compensation analysis

This page is based on cross-provider equity administration capability research, country-specific equity taxation law, and securities regulation review as of April 2026. Provider capability assessments reflect documented features; actual implementation quality should be verified with each provider. This page does not constitute tax or legal advice.

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