Transfer ordinary shares from an existing shareholder to other existing or new individual shareholders. For other share types or currencies, use Other Request. The form takes under 5 minutes.
Form under 5 min
Processing 10 –15 days
What you’ll need
- The date of transfer
- How many shares go to each person, and the consideration (price) for each
- For a new shareholder: their particulars and a copy of their NRIC or passport
Steps
- Go to Request. Click Request in the top menu. If you manage more than one company, switch to the right one using the button beside the company name in the left panel.
- Open Transfer of Shares. In the left panel, open Change Share Information and click Transfer of Shares.
- Review the request details. Read what you need, then click Let’s Get Started.
- Choose the currency and date. Select the currency and the date of transfer, then click Get Shareholder List.
- Select the transferor. Tick the shareholder who is giving up shares, enter the number of shares to transfer, then click Next.
- Enter the transferees. For each shareholder receiving shares, enter the shares to transfer and the consideration. The balance at the top must reach 0 before you can submit. To transfer to someone new, click Add Shareholder and enter their details and documents, as for a new director. Only individual shareholders can be added.
- Submit. Click Submit. If the request has a fee, it is added to your Cart. Complete payment there so HeySara can start. Then track the request under Transaction History at the top right of the Request page.
What happens next
HeySara reviews the request and prepares the resolution. The directors sign it in the Signature tab, and HeySara files the transfer with ACRA. HeySara will advise you on stamp duty and any other fees while processing the request. Processing takes 10–15 days on average.
