Shareholder management and online AGM made easy

February 2025

Employee participation is an effective way of retaining talent in the long term and involving them in the company's success. But which option is more suitable: phantom shares or participation certificates? While phantom shares offer flexible, contractually regulated profit-sharing without membership rights, participation certificates are genuine equity shares with economic benefits.

The digitalization of shares offers you many advantages, but can also entail legal pitfalls. A Federal Supreme Court ruling shows that unclear articles of association can lead to you being obliged to issue share certificates despite digital share management. To avoid this

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