Stock Transfer Form - £5.00 This stock transfer form is one of the legal documents used to record share transfer in a private
company from one shareholder to another. The form comes complete with full guidance notes.
This Stock Transfer Form allows you to transfer the legal ownership of company shares to somebody else.
The Stock Transfer Form is suitable for use when transferring the ownership of shares issued by a
company registered in England, Wales or Scotland and includes the following:
Consideration
Company details
Share type and value
Current shareholders
New shareholders
Stamp Duty declaration
The procedure
for share transfer using a Stock Transfer Form typically is:
The current shareholder (or their representative) fills in the details of the share transfer on the Stock Transfer
Form. The Stock Transfer Form is then given to the new “owner” (who pays any money agreed, if any).
If Stamp Duty is payable,
then the new “owner” sends the fee and Stock Transfer Form to the HM Customs and Revenue Stamp Office for
stamping.
The new “owner” then forwards
the completed (and, if necessary, stamped) Stock Transfer Form and share certificate to the company whose shares are being
transferred.
The company then arranges for the directors
to authorise the change to the members’ register and issues a share certificate in the new name.