股权激励方案落地执行
十年股权整理解决方案落地实施

多层股权结构就是自然人不直接持股，而是通过法人持股的方式，层层持股，既能保证控制权的稳定性，还不影响收益的流向。

A multi-layered equity structure refers to natural persons not directly holding shares, but holding shares through legal entities, ensuring the stability of control without affecting the flow of income.

1、构建蓄水资金池，既能合理节税，又可以实现收益的二次投资

1. Building a water storage fund pool can not only save taxes reasonably, but also achieve secondary investment of profits

如：直接持股与通过双层架构法人持股，可以节省20%的个税。

For example, direct shareholding and dual layered corporate shareholding can save 20% of personal income tax.

1）张三成立公司A，张三持股80%，张三妻持股20%，公司发展三年就实现了盈利1000万。张三又想成立一个公司B，计划投资500万，如果还是用他和配偶两个人分别是成立这个公司B的话，要想把A公司的利润拿出500万投资到B公司，得先把这500万合法分红给他夫妻二人，这样的话要交20%的个人所得税，实际就只剩400万了。

1) Zhang San established Company A, with Zhang San holding 80% of the shares and Zhang San's wife holding 20%. Within three years of development, the company achieved a profit of 10 million yuan. Zhang San wants to establish Company B again, with a planned investment of 5 million yuan. If he and his spouse are to establish Company B separately, and he wants to invest 5 million yuan from Company A's profits in Company B, he must first legally distribute the 5 million yuan as dividends to his and his spouse. In this case, he will have to pay 20% personal income tax, but in reality, there is only 4 million left.

2）如果张三和他配偶共同成立了投资公司A，由A全资控股原公司B，B公司将利润500万分到投资公司A，不用交所得税（税法规定居民间企业投资收益，不需要交纳个人所得税），再由投资公司A投资控股C公司，将这500万以投资的方式打到C公司的账户上，既合法又合规。

2) If Zhang San and his spouse jointly establish investment company A, with A fully controlling the original company B, Company B will distribute the profit of 5 million yuan to Investment Company A without paying income tax (according to tax laws, investment income from private enterprises does not need to be subject to personal income tax), and then Investment Company A will invest and control Company C, transferring this 5 million yuan to Company C's account through investment, which is both legal and compliant.

这样将A公司作为创始人的投资主体平台，就可以实现不局限于投资这一个项目，还可以将项目的投资收益蓄存在该平台公司，这样就形成了蓄水池一样的资金池，可以继续投资到其他项目，也能实现财富的传承。

By using Company A as the founder's investment platform, it is possible to not only invest in this project, but also store the investment returns of the project in the platform company, forming a pool of funds like a reservoir that can continue to be invested in other projects and achieve wealth inheritance.

2、设置风险防火墙，以合伙企业实现利益群体控制权的高度集中。

2. Set up a risk firewall to achieve a high degree of concentration of interest group control in partnership enterprises.

通过搭建一层法人公司，采用有限责任的方式，就可以规避一定的风险，在自然人和主体公司之间，建立了一层防火墙。

By building a legal entity company and adopting a limited liability approach, certain risks can be avoided, and a firewall can be established between natural persons and the main company.

或者通过有限合伙企业作为持股平台，将持股平台的普通合伙人（GP）设置成有限责任公司，有限责任公司由创始股东来控股，就可以实现以少控多的股权架构，搭建的合伙平台还可以吸纳更多的外部资金。如马云对蚂蚁金服的控制。通过搭建多层次股权架构，就可以实现将核心利益人员捆绑在一个公司的主体内，形成利益或命运共同体。

Alternatively, by using a limited partnership enterprise as a shareholding platform, the general partners (GP) of the shareholding platform can be set up as a limited liability company, which is controlled by the founding shareholders. This can achieve a shareholding structure with less control and more control, and the established partnership platform can also attract more external funds. Like Jack Ma's control over Ant Financial. By building a multi-level equity structure, it is possible to bind core stakeholders within the main body of a company, forming a community of interests or a shared future.

3、运用金字塔原理，实现小资金控制大集团

3. Using the Pyramid Principle to Realize Small Funds Controlling Large Groups

王总准备成立A公司，注册资本为5000万，如果王总一个人想要实现对公司的控制，在持股51%的情况下需投资2550万元。这时如王总用多层次股权架构，一边融资一边实现控制，用小资金控制近10多倍规模的A公司，以最少资金控制尽量大的资源，一位实际控制人通过少量的资金，控制整个集团，实现控制权和资金充的分离，实现高效融资，放大资金务数。这种结构有利手维护实体公司的“稳定性”，有利于后期的资本运作。

Mr. Wang is preparing to establish Company A with a registered capital of 50 million yuan. If Mr. Wang wants to control the company alone, he needs to invest 25.5 million yuan with a 51% stake. At this point, Mr. Wang uses a multi-level equity structure, financing while achieving control, using small funds to control Company A, which is nearly 10 times larger in scale, and controlling as much resources as possible with minimal funds. An actual controller controls the entire group with a small amount of funds, achieving the separation of control and capital adequacy, achieving efficient financing, and amplifying capital transactions. This structure is conducive to maintaining the stability of the physical company and facilitating the later capital operation.