A new partnership between global payroll and HR company Deel and stock platform Carta makes it easier for Swedish companies to let employees around the world exercise their stock options.
- This makes global ownership an opportunity for everyone, says Daniel Eisenberg, Sweden manager of Part.
As more and more companies hire internationally, it has become more challenging to manage shares for employees in different countries. The collaboration combines Deel's global payroll capabilities with Carta's stock management to create a solution that simplifies tax calculations, payments and compliance with local tax regulations. This saves time and reduces hassle for both employees and companies.
- This makes global ownership an opportunity for everyone and helps companies worldwide create more engaged teams, says Daniel Eisenberg, Head of Sweden for Deel.
Companies that use Carta and Part can now automatically sync stock events across platforms. When employees exercise their options, Deel logs the transactions, calculates local taxes and handles payments for local governments.
Employees can now also pay for their option exercises in their home countries' currencies, which solves a common problem of delays when different currencies are used.
- Our partnership provides business the ability to safely offer global shares to their international team members, which is particularly interesting for companies scaling up or growing internationally, says Daniel Eisenberg.
The partnership and integration is part of Deel's work to provide companies with effective tools to manage a global workforce, simplify equity administration and make it easier for global teams to manage their total compensation.
Businesses using Carta and Deel can now enable the Carta integration in their Deel accounts to automate their global share tax deductions.
About Deel
Deel is an all-in-one HR platform for global teams. It helps companies simplify every aspect of managing employees, from onboarding, compliance and performance management to global payroll, HRIS and migration services. Deel works for freelancers and full-time employees in more than 150 countries, in compliance with applicable laws. And getting started only takes a few minutes. For more information, visit Deel.com.
About Carta
Carta is a platform that helps people manage stocks, build businesses and invest in tomorrow's businesses. Our mission is to unlock the power of stock ownership for more people in more places. Carta manages almost three trillion dollars in shares globally. The company is trusted by more than 40,000 companies, over 7,000 funds and SPVs, and over two billion shareholders to manage ownership tables, compensation, valuations, liquidity and more. For more information, visit carta.com
English 
Svenska