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12 months ago

Carta and Deel equity tax withholdings partnership

What's new?

Carta has partnered with Deel to help international employees exercise their options. Customers of both Deel and Carta will now have support for Deel calculated tax withholdings and local currency payments for option exercises. Lengthy in-house tax calculations and exchanging local currency into USD to pay for an exercise is now a thing of the past. 

Who's eligible?

With its debut, this integration will cover Carta customers who have Deel EOR and Deel Global Payroll employees in the following countries:

  • France 🇫🇷
  • Germany 🇩🇪
  • India (Deel Global Payroll only) 🇮🇳
  • Israel 🇮🇱
  • Italy 🇮🇹
  • Netherlands 🇳🇱
  • Nigeria 🇳🇬
  • Poland 🇵🇱
  • Portugal 🇵🇹
  • Singapore 🇸🇬
  • Spain 🇪🇸
  • Switzerland 🇨🇭

Canada 🇨🇦 will also be covered by this integration by end of Q2 2024. 

How can I access it?

Companies using Carta and Deel can activate the Carta integration in their Deel accounts today to automate their global equity tax withholdings.

Employees at companies who have activated the above integration will automatically enjoy the benefits as long as they submit their option exercise request within 15 days prior to their respective option expiration date to ensure they can use the Carta–Deel integration to streamline their option exercise experience. 

Non-eligible employees will be routed to the default Carta experience. 

Where can I learn more?

For more information on how the exercise experience will work, please refer to our support article https://support.carta.com/s/article/exercise-options-using-carta-and-deels-exercise-flow

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