Share Transfer Agreement Template Singapore
The share transfer generally involves directors resolution the transferor seller and transferee buyer execution of the acra transfer of shares form.
Share transfer agreement template singapore. An instrument of transfer an agreement between the transferor and transferee for the transfer or sale of shares. The transfer of shares in singapore also has to be as per the procedures laid down by the regulating authorities. It details the particulars of the party selling or transferring the transferor their shares to another the transferee the amount of shares to be transferred the cost or value of each share the company whose shares are transferred etc. Individual and corporate shareholders in the case where the transferor and transferees are either an individual or a corporation or a combination of both the documentation needed will be different.
Sale and purchase agreement and transfer instruments for shares. This document will indicate that the transferor agrees to transfer their shares to the transferee and that the transferee agrees to take the shares. The templates are free for use however the authors bernard and huifen and tech in asia cannot be responsible. Contract or agreement e g.
It ensures that the key elements in the agreement are clear and complete. Stamp duty is payable on the actual price or net asset value of the shares whichever is higher. Share transfer form the share transfer form also called the share transfer instrument is a standard document required for the transfer of shares in a company. Resolution of transfer of shares share transfer instrument document disclaimer.
To formally commence the transfer process the transferor will have to execute an instrument of transfer with the transferee. This share transfer agreement template is suitable for the transfer of shares in both private and public companies and can be used in place of a stock transfer form or in addition to one. Commissioner of stamp duties 55 newton road revenue house singapore 307987 helpline. Here are some steps which should be followed.
A share transfer agreement board resolution depends on constitution share certificate. You may also want to purchase the shares of another private company. This is an agreement for the transfer of shares or stocks. Making the share transfer application execution of instrument of transfer.
If you re planning to transfer your shares of stock in the company then you can do so with the help of the above template which is a share transfer agreement template. 1800 4604923 requisition form for share transfer. This form may take you 10 minutes to fill in.