Skip to the main content.
capterra rating
The Joy of Enterprise Management Incentives
Read our free guide to the UK's most tax-efficient share scheme.
Get the guide

Unapproved options

Unapproved share options are extremely flexible and can be issued directly via our platform to employees, contractors, advisors or consultants.


Book a demo
Trusted by thousands of founders
city-stasher wediscover letting-a-property mygwork capsicana propellernet cuvva midlands-investment

When to issue unapproved options?

There are no statutory requirements or limits to abide by so these options can be granted very quickly.

Ideal for non-employees

All sorts of conditions can be set

Can be used internationally


The advantages of unapproved options

There are more tax efficient ways to give people skin in the game but unapproved options are about as flexible as it gets.

Don’t need a formal valuation for HMRC

Can be granted below market value

Cost of the scheme can be offset


What kind of conditions can be set?

You can set conditions for recipients, such as achieving milestones, or staying with the company for an agreed period of time. We’ll help you figure out the best conditions - what’s most important is that the criteria is clear and not subjective.


Why choose Vestd for unapproved options?

Guided scheme design

Vestd provides UK companies with a fully guided service for share and option schemes. You’ll always get five star support. Get started by booking a free consultation.

Company valuations

You don’t need a valuation but it can be useful to get one for a number of reasons (see FAQ below). We will provide you with an up-to-date, defensible valuation as part of the service.

Legal docs included

You can use the Vestd articles of association for free in the event that your articles don’t have the right drag and tag provisions in place (to ensure that dilution and exits are handled correctly).


What makes Vestd different?

Total equity management: the only platform with two-way Companies House integration and a real-time digital cap table.

Guided setup and support: our team of 60+ equity specialists are on standby to help you.

Company valuations provided: there's no need to ask your accountant for help.

Custom terms and conditions: you can design individual agreements for each team member. We're big on 'conditional equity'.

FCA authorised & regulated: our competitors don't seem to think this matters, but we do.

The platform itself allows you to manage all aspects of share and option management concisely in one place. The automations and integrations save you time. But while the platform is great, it is the team that makes Vestd stand out. From pre-sales to onboarding and the ever-helpful support team - not only do they support on the platform but provide excellent knowledge in this area.
Jenny James
Jenny James
Chief Operating Officer, Findr
Great platform. The team always provide brilliant support. I would definitely recommend using Vestd to anyone who needs to set up and administer an EMI scheme.
Sarah T.
Sarah T.
Straight forward and structured approach - so good for founders and also FD/CFO/advisor who is looking to get share capital and share option schemes in place.
Ciaran O.
Ciaran O.
A fantastic platform. The price is fixed. The customer support is fantastic and readily available. They have held our hand right through the whole process.
Tim S.
Tim S.
I love Vestd and I wish I had found it sooner. It makes the whole process of issuing shares whether they're growth shares or ordinary shares incredibly simple.
James B.
James B.
Amazing shift from Excel to Vestd. The support team were amazing and did a great job of completing our setup and we have been very pleased at being able to better manage our governance over time.
Dan W.
Dan W.
Co-Founder & CEO

Let's discuss tax-efficient shares & options!

Thinking about giving your team some skin in the game? 

We'll help you understand how to design a share scheme in next to no time. Calls are totally free and there's no obligation to use Vestd afterwards.

Meet with Vestd

Want to find out more?

Download our free guides and templates


Frequently asked questions