Transfer of Shares Service

You fill out a stock transfer form with the new shareholder’s details, have both parties sign it, and send it to the company. The company updates its share register and files the change with Companies House.

It depends on your Articles of Association and any pre-emption rights in place.

The transfer must be made using a stock transfer form and must comply with any restrictions set out in your company’s Articles of Association. If your SPV has pre-emption rights, existing shareholders may need to be offered the shares first. Once approved, Companies House must be notified, and your share register must be updated to reflect the new ownership.

Yes, the company must update the PSC register and include the updated shareholding information in the next Confirmation Statement filed with Companies House.

Yes, Shares can be transferred as a gift, through inheritance, or as part of a restructure without any money changing hands. This often happens in property SPVs when owners want to add a family member or change ownership between partners. Stamp duty may still apply depending on the situation, so it is worth checking before you continue.

Stamp duty is only required if the transfer value exceeds £1,000. The transferee must pay 0.5% of the transfer value, rounded to the nearest £5.

The share transfer must be processed within two months of receipt. Once approved, the new shareholder is registered, and a share certificate is issued.

In the case of a private limited company, the transfer must adhere to the company’s articles of association. It must be initiated via a stock transfer form. The transferee must account for any stamp duty due. And the company must ensure that it is recorded correctly and that all relevant notifications are made to Companies House.