Legal basis

• Law on Enterprises 2020;
• Decree No. 01/2021/ND-CP on enterprise registration;
• Circular No. 92/2015/TT/BTC takes effect on July 30, 2015.

Regulations on share transfer

Transfer of shares means the transfer of shares by shareholders in a joint-stock company to other shareholders. The transfer of shares of shareholders is prescribed as follows:

• Types of transferred shares: Ordinary shares, dividend preference shares, refundable preference shares;
• Voting preference shares can not be transferred;
• Founding Shareholders means a shareholder that holds at least an ordinary share and has his/her signature in the list of shareholders that are also founders of the joint-stock company.  Founding shareholders have the priority right to buy shares when shares are offered for sale.
• Ordinary shareholders (not founding shareholders) have the right to freely transfer their shares to others;
• The transfer is made by contract or trading on the stock market.

Composition of dossiers

• Decisions of the General Meeting of Shareholders (GMS) on the transfer of shares;
• Minutes of the GMS on the transfer of shares;
• List of founding shareholders of joint-stock companies;
• Company’s Charter (Amended and Supplemented);
• Share transfer contracts;
• Minutes of the liquidance of share transfer contracts;
• Certificate of shares of the company’s shareholders;
• Register of shareholders.

Competent authority

Business Registration Office – Department of Planning and Investment where the company is headquartered.

Time

3-5 working days from the date of valid application

If you need more detailed advice and answers as well as how to access this service, please contact directly our Lawyer Nhat Nam via hotline: 0912.35.65.75, 0912.35.53.53 or call the toll free legal consultation hotline 1900.6575 or send a service request via email: lienheluathongbang@gmail.com

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