Company Director / Share Change AFRICA
Every shareholders of a limited have to right to transfer their ownership to anyone they like unless the company's articles of association contains any restrictions on the actions. Generally, shareholders can transfer their shares to new or existing shareholders by providing a written notice of the intended sales to the directors of the company for approval. The directors should review the provisions concerning share transfers as contained in the company's articles of association and hold a broad meeting to pass the resolution if the share transfers is fulfilled all pre-emption right and be approved. To proceed the transfer shares, you will need to provide the following information:
Documents required for share transfer
Overseas company formation can provide a wealth of benefits:
- A copy of the articles of association
- A copy of the latest annual return
- A copy of the passport of the new shareholders
- The lastest register of Members
- The latest audited financial statements and management accounts
Calculation of stamp duty
Transfer of shares from one party to another is regarded as a sale and purchase and chargeable to stamp duty.
Please note: Please note the prices shown are a administration charges and do not include government fees that may change from time to time.
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