Tax on transfer of shares in private limited company

Key considerations when buying or selling shares in a private limited company

Selling and buying shares in a private business limited company can be complex, and there are various legal obligations you need to fulfil.

The process can be straightforward in most cases, but there are legal requirements and tax implications involved, which is why we would always recommend involving your accountant or corporate lawyer in the process.

To give you an idea of what is involved, we've written this guide to walk you through key points you should know before proceeding with a share transfer.

Do any share transfer restrictions apply?

First, understand what constraints apply to transferring your company's shares.

The Companies Act 2006 requires share transfers to follow the terms defined in your company's articles of association.

Additionally, you may have a shareholders' agreement in place, which is a common way to document further or more complex rules on the rights of shareholders and the rules governing how shares may b

how to transfer shares in a private company canada

how to transfer shares in a private company australia