Issue / Transfer of Shares – Share transfer in a Private Limited Company Ireland
Company Bureau can assist you with the allotment or transfer of shares in your Limited Company. It is vital to seek professional advise when doing this, whether it is from a Company Secretarial Expert, Tax Advisor, or both.
Share Allotments (Issue of Shares) or Share Transfers are done in a number of circumstances, for example if you are providing equity in return for investment, restructuring an organisation, transferring wealth between spouses or to children, rewarding a sales director for hitting targets, etc.
Stamp Duty may be a factor in the above. There is no stamp duty applicable to share allotments, or transfers where the consideration is less than €1000. Market value should be used to calculate stamp duty. There may be other tax considerations, such as inheritance tax or capital gains tax.
Generally, the following steps are required to complete these tasks properly for a Limited Company in Ireland:
- Checking of Memorandum and Articles of Association for the company
- Preparation of a Stock Transfer form (if transfer)
- Preparation of Companies Registration Office form B5 (if share allotment)
- Preparation of form SD4 (if applicable)
- Payment of Stamp Duty (if applicable)
- Directors Board Minutes
- Issue of New Share Certificate/s
For the completion of all of the above, our fee starts from only €100 +VAT for a Share transfer in a Private Limited Company Ireland
For more information, or to proceed with a share transfer or allotment of shares, please don’t hesitate to Contact Us
