Practical Law Country Q&A 1-503-4810 (Approx. 19 pages)
Employee Share Plans in South Africa: Regulatory Overview
by Dale Cridlan, Stephen Kennedy-Good, Akira Vandeleur, Mohammed Chavoos, Peal Mathonsi, Rosalind Lake and Priyanka Naidoo, Norton Rose Fulbright South Africa Inc
A Q&A guide to employee share plans law in South Africa.
The Q&A gives a high-level overview of the key practical issues, including whether share plans are common and can be offered by foreign parent companies, the structure and rules relating to the different types of share option plan, share purchase plan and phantom share plan, taxation, corporate governance guidelines, consultation duties, exchange control regulations, taxation of internationally mobile employees, prospectus requirements, and necessary regulatory consents and filings.