Share Transfer Form in Ireland

Starting a company in Ireland implies completing certain formalities before and after the incorporation of the chosen legal entity. One of the most important documents to draft upon the creation of a business is the Articles of Association that must comprise information about the share capital, its division into shares and the shareholders owning them. This applies to private and public companies, as other legal entities, such as partnerships and sole proprietorships are established under other requirements.

Operations related to the share capital of companies

Types of transfer of shares in Ireland

• - transfers between the shareholders of the company;
• - transfers to third parties entering the shareholding structure of the company;
• - transfers of shares through share exchanges;
• - takeovers, mergers and restructuring actions;
• - succession is also a way of transferring company shares in Ireland.

Procedure of transferring shares in an Irish company

1. preparing of the share transfer forms;
2. filing Form SD4 with the Revenue Commissioners’ Office;
3. recording the changes in the Minute Book;
4. recording the changes in the Register of Transfer and Register of Members;
5. cancelling the old share certificates and issuing new certificates;
6. presenting the share transfer document to the Revenue Commissioners for signing.

Notification of the share transfer

Particular situations applicable to share transfers in Ireland

Taxes to consider on share transfers in Ireland

• - a stamp duty of 1% must be paid upon filing the SD4 form;
• - a stamp duty of 6% must be paid if special rules apply when it comes to value of assets resulted from the transfer;
• - if the share transfer has a value of less than 1,000 euros, there is no stamp duty.