Cap table: definition, mandatory columns (securities, rights, valuation), common mistakes and best practices for keeping it up to date.
Share transfer register: mandatory content, format (paper or digital), who is responsible and how to digitize it compliantly.
Free shares (AGA): eligible beneficiaries, allocation conditions, minimum vesting period and 2025 Finance Act updates.
Received BSPCE? Understand how they work: vesting schedule, exercise conditions, tax treatment at exit and liquidity scenarios.
How to exercise BSPCE: triggering conditions, exercise price, formalities, tax impact and optimal timing (exit, liquidity event, IPO).
How to design an equity program: choosing the mechanism (BSPCE, AGA, BSA), pool size, vesting, communication to beneficiaries and compliance.