What Is It?
A share transfer is the formal change of ownership of existing shares from one shareholder to another. Unlike a capital increase, no new shares are created. The transfer must be properly documented with a Form 32A, approved by the board, and lodged with SSM.
Transfer ownership the right way
Why You Need It
- Share ownership changes must be formally recorded with SSM. An informal agreement alone has no legal standing.
- Banks and investors rely on SSM records to verify who owns the company. Outdated records cause friction during due diligence.
- Stamp duty may apply to the transfer. Proper documentation ensures you pay only what is required and avoid penalties for late stamping.
What You'll Need
- Completed Form 32A
- Board resolution approving the transfer
- Share certificate details
- Stamp duty payment where applicable
Pricing
Frequently Asked Questions
Generally yes. The Stamp Act 1949 applies to share transfers, and the duty is calculated based on the higher of the consideration paid or the net tangible asset value per share. We will advise on the applicable amount.
Check your company's constitution first. Some constitutions include pre-emption rights that require shares to be offered to existing shareholders before transferring to an outsider.
Once all documents are signed and stamp duty is settled, the SSM lodgement typically completes within 3 to 5 working days.
Transfer Shares the Right Way
We handle the paperwork, board resolution, and SSM filing so the transfer is properly recorded.
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