Share Transfers
Procedure for making a share transfer:
- Old share certificates are cancelled and new certificates issued under the company seal of the company
- The company's memorandum & articles must be inspected to check restrictions on the transfer of shares
- A stock transfer form is sent to the Revenue Commissioners if the value of the transfer is
in excess of €1,000. All share transfers between related parties, either by blood or marriage
must be submitted to the Revenue Commissioners.
- Stamp duty is levied at the rate of 1% of the consideration paid for the shares or the market value, which ever is higher
- Entries must be made in the company's minute book, register of transfers and register of members
We can attend to the share transfer secretarial requirements:
- Complete stock transfer form
- Complete Form S.D.4
- Complete company registers and minute book
- Cancellation of share certificates
The Revenue Commissioners will impose surcharges, if the value given for the shares is subsequently found to be understated.