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 of Association or the constitution 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 secretarial requirements of share transfers including:

  • Complete stock transfer form
  • Complete Form S.D.4
  • Complete company registers and minute book
  • Cancellation of share certificates

The Revenue Commissioners will impose a surcharge, if the value given for the shares is subsequently found to be understated.