Ministry of Information and Communication develops a programme for implementing stock options at IT companies

20 January 2014, Monday
Tatarstan Ministry of Information and Communication has elaborated a bill about stock options that simplifies its issue to employees of Russian IT companies. The bill “About stock companies” stipulates generation of the profit of the special fund that can only be spent for taking up shares and their onward sale to employees.

The Ministry of Information and Communication suggests that a new bill will help IT companies to implement stock options.

Preparation of normative legal base for optional programmes is one of the points of the updated “road map” that implies development of information technologies and is to be realized by 2018.

High technology companies are interested in optional programmes because often it is the only way to attract high-skilled specialists.
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