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Share Transfer Form Private Company Template for United Arab Emirates

A comprehensive legal document used in the United Arab Emirates for transferring ownership of shares in a private company from one party (transferor) to another (transferee). This document complies with UAE Federal Decree-Law No. 32 of 2021 (Commercial Companies Law) and includes all necessary details of the share transfer, including party information, share specifics, consideration amount, and required declarations. The form requires proper execution according to UAE law, including potential notarization and regulatory approvals, and serves as official evidence of the transfer of ownership.

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What is a Share Transfer Form Private Company?

The Share Transfer Form Private Company is a crucial document used in the United Arab Emirates when transferring ownership of shares between parties in a private company. It must comply with UAE Federal Decree-Law No. 32 of 2021 and other relevant regulations, including specific requirements from the Department of Economic Development or relevant free zone authorities. This document is essential when shareholders wish to sell, transfer, or gift their shares to another party, and includes detailed information about the transferor, transferee, the shares being transferred, and the consideration paid. The form serves as official evidence of the transfer and may require notarization, board approval, and in some cases, regulatory clearance depending on the industry sector and transfer value. It's particularly important to ensure all local UAE compliance requirements are met, including proper witnessing and execution procedures.

What sections should be included in a Share Transfer Form Private Company?

1. Details of Transferor: Full legal name, Emirates ID/Passport number, and contact details of the party selling/transferring the shares

2. Details of Transferee: Full legal name, Emirates ID/Passport number, and contact details of the party purchasing/receiving the shares

3. Company Details: Full legal name of the company, registration number, registered office address

4. Share Transfer Details: Number and class of shares being transferred, share certificate numbers, nominal value

5. Consideration: Amount being paid for the shares and payment terms

6. Declarations and Warranties: Statements by transferor regarding ownership and right to transfer shares

7. Execution Block: Signature sections for transferor and transferee, with space for witnesses and notary authentication

What sections are optional to include in a Share Transfer Form Private Company?

1. Board Approval: Required when company's articles mandate board approval for share transfers

2. Spousal Consent: Required when shares are considered matrimonial property under applicable law

3. Pre-emption Rights Waiver: Required when other shareholders have pre-emptive rights that need to be waived

4. Tax Declarations: Required for certain types of transfers where tax implications need to be addressed

5. Power of Attorney: Required when transfer is being executed by an authorized representative

6. Regulatory Approval: Required for regulated industries or when transfer exceeds certain thresholds

What schedules should be included in a Share Transfer Form Private Company?

1. Share Certificate: Copy of original share certificate(s) being transferred

2. Board Resolution: Copy of board resolution approving the transfer (if required)

3. Company Registration Documents: Copies of company's trade license and registration certificate

4. Proof of Payment: Evidence of consideration payment for the shares

5. Due Diligence Documents: Supporting documents verifying share ownership and absence of encumbrances

6. Regulatory Approvals: Copies of any required regulatory or government approvals

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Document Type

Stock Transfer Form

Cost

Free to use

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