A new partnership between global payroll and HR company Deel and equity platform Carta makes it easier for Swedish companies to enable employees around the world to exercise their stock options.
“This makes global ownership accessible to everyone,” says Daniel Eisenberg, Sweden Country Manager for Deel.
As more companies hire internationally, managing equity for employees in different countries has become more complex. The collaboration combines Deel’s global payroll capabilities with Carta’s equity management tools to deliver a solution that streamlines tax calculations, payments and compliance with local tax regulations. The integration saves time and reduces administrative burden for both employees and employers.
By connecting the two platforms, companies can automate the flow of equity events: when employees exercise options, Deel logs the transactions, calculates local taxes and handles payments to local authorities.
Employees can now pay for option exercises in their home currencies, addressing a common issue with delays and currency conversion when different currencies are involved.
“Our partnership gives companies the confidence to offer global equity to international team members,” Eisenberg adds. “This is especially valuable for companies that are scaling or expanding internationally and want to build more engaged, incentivized teams.”
The integration is part of Deel’s broader effort to equip companies with effective tools for managing a global workforce, simplify equity administration and make it easier for international teams to manage total compensation.
Organizations that use both Carta and Deel can enable the Carta integration in their Deel accounts to automate global equity tax withholding and related processes.
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 immigration services. Deel supports freelancers and full-time employees in more than 150 countries in accordance with local laws, and getting started takes just minutes.
About Carta
Carta is a platform that helps people manage equity, build companies and invest in the businesses of tomorrow. Its mission is to unlock the power of ownership for more people in more places. Carta administers nearly three trillion dollars in equity globally and is trusted by tens of thousands of companies, thousands of funds and SPVs, and millions of shareholders to manage cap tables, compensation, valuations, liquidity and more.