How do I know that an employee is eligible for EMI?

For an employee to be eligible for EMI, they must: 

• Work for your company at least 25 hours a week or at least 75% of their total working time 
• Be a UK tax resident 

For an employee to be eligible for EMI, they must not: 

• Own more than 30% of the shares in the company, at least not until their shareholding drops (usually as a result of being diluted in later funding rounds). 
• Not own more than £250,000 worth in EMI shares 

For more details of this, please refer to this article.