Transferring company shares can be complicated, involving multiple steps. First, a contract will need to be drafted which details the terms of the transaction. This includes: the number of shares which will be transferred, price per share, method of transferring shares, payment method and other obligations as a shareholder. Secondly, the company must agree to the transfer of shares, this will depend upon the company constitution and the opinion of the other shareholders.
After the shares have been transferred, the company will need to issue a share certificate and notify the Australian Securities and Investments Commission (ASIC) of the change for registration.
Our corporate team at AGC has extensive experience with commercial matters that involve the transfer of shares, and numerous successful attempts from previous clients. We will ensure that the process is completed smoothly, and all potential risks are minimized.