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Form For Share Transfer In A Private Limited Company
"I need a Form For Share Transfer In A Private Limited Company for transferring 30% shareholding in my Dubai-based tech company to a foreign corporate investor, with completion scheduled for March 15, 2025, ensuring compliance with UAE foreign ownership regulations."
1. Parties: Details of the Transferor (selling shareholder) and Transferee (buying shareholder), including full legal names, addresses, and nationality
2. Background: Brief context about the company whose shares are being transferred, including company name, license number, and share capital structure
3. Definitions: Key terms used in the document including 'Shares', 'Company', 'Transfer Date', and 'Consideration'
4. Details of Transfer: Specific information about the shares being transferred, including number of shares, class of shares, and share certificate numbers
5. Consideration: The agreed price for the transfer and payment terms
6. Effective Date: The date on which the transfer will take effect
7. Representations and Warranties: Basic warranties from the transferor regarding ownership and right to transfer the shares
8. Execution Requirements: Signature blocks and witnessing requirements as per UAE law
9. Governing Law: Confirmation that UAE law governs the transfer
1. Board Approval: Required when the company's articles mandate board approval for share transfers
2. Pre-emption Rights Waiver: Required when other shareholders have pre-emptive rights that need to be waived
3. Regulatory Approvals: Required when the transfer needs specific regulatory clearances
4. Power of Attorney: Required when the transfer is being executed through an authorized representative
5. Non-encumbrance Statement: Optional declaration that the shares are free from any liens or encumbrances
6. Spousal Consent: Required in cases where local law or personal status law requires spousal approval
1. Share Certificate Details: Copy or details of the existing share certificate(s) being transferred
2. Company Information: Detailed company information including registration documents and shareholding structure
3. Board Resolution: Copy of board resolution approving the transfer (if applicable)
4. Regulatory Approvals: Copies of any required regulatory approvals or waivers
5. Payment Details: Detailed breakdown of consideration and payment terms
6. Supporting Documents: List of required supporting documents including passport copies, visa copies, and other KYC documents
Authors
Financial Services
Technology
Real Estate
Manufacturing
Trading
Professional Services
Healthcare
Retail
Construction
Hospitality
Education
Media and Entertainment
Transportation and Logistics
Legal
Corporate Secretarial
Finance
Compliance
Risk Management
Corporate Governance
Investment
Business Development
Executive Management
Administrative
Chief Executive Officer
Managing Director
Company Secretary
Legal Counsel
Corporate Lawyer
Compliance Officer
Chief Financial Officer
Finance Director
Board Member
Shareholder Relations Manager
Investment Manager
Corporate Governance Officer
Business Development Director
Risk Manager
Company Registrar
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