Can I opt out of using Remote Equity?

Article author
Temitope Olamolu
  • Updated

No, it’s not possible to opt out of Remote Equity if you’re granting equity to team members hired through Remote. Because Remote acts as the legal employer, we’re responsible for handling tax reporting and compliance in each country where your team members are employed.

Why Remote Equity is required

Remote Equity gives Remote the visibility and structure needed to meet local tax obligations on your behalf. Without this framework, there’s a higher risk of:

  • Regulatory or legal issues, such as audits, penalties, or non-compliance
  • Unexpected tax liabilities, for both your company and your team members
  • Inconsistent reporting, especially when hiring across multiple countries

While some third-party providers may offer guidance, only the local employer can carry out the actual filings required in many countries. Remote Equity ensures that these responsibilities are covered.

:warning: Important: Please note that failing to declare grants and exercises will result in a breach of our Terms of Service. It is essential to ensure all equity events are accurately declared in the platform.

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