Filing a transfer of shares

Before you file

This guide explains how to file a transfer of shares to notify ACRA.

Existing shareholders can transfer shares to others as long as:

• The shares are fully paid; and

• The transfer complies with the company's constitution.

More details: Section 126 (private companies), section 130 (public companies)

Step 1: Log in to Bizfile and open the "Update shares information" eService

Follow these steps to navigate to the Update shares information eService.

Note: All entity and personal information (including UEN, entity details, NRIC or FIN numbers, names and addresses) shown are dummy data for illustration purposes only.

1. Click "Login" on the Bizfile homepage and select "Business User" to log in via Corppass.

2. Check that the correct entity name appears on the top menu bar and dashboard.

3. (CSP) On the "My profile – Select profile” page, click on the “Corporate Service Provider” tab. If you belong to more than one CSP firm, select your CSP firm from the dropdown list.

6. On the "Update shares information" page, select "Transfer of shares" and click "Start".

(Optional) Step 2: Add new shareholders

Follow these steps to file a transfer of shares from existing shareholders to new shareholders.

You can add shareholders individually or create shareholder groups as needed.

2a: Add shareholders individually

Follow these steps to add individual shareholders or corporate shareholders.

1. Under the "Add new shareholder" section, click "Add new shareholder".

2. (Add individual shareholder) Under "Category", select "Individual" and select their identification type.

3. (Add individual shareholder) Enter their identification number and click "Retrieve information".

10. As a public company trying to add more than 50 shareholders, you will see an “Adding more than 50 shareholders” message. To continue adding the remaining shareholders, click “Proceed.”

2b: Create or edit shareholder groups

Follow these steps to add a new shareholder group or manage shareholders in existing shareholder groups.

1. Under "Shareholder group details", click "Add/edit group".

2. (Add a new group) Select “New Group” and enter a group name. Then, select the shareholders for this group. You need to add shareholders individually before you assign them to a shareholder group.

3. (Edit existing group) Select “Existing Group”. Then, under "Group name", select the group you wish to edit.

7. To add more shareholder groups, click "Add/edit group" and repeat steps 2 to 6. Once you have added all groups, click "Next".

Step 3: Enter share transfer details

Required details include the:

• Transferor (shareholder or group transferring the shares)

• Transferee (shareholder or group receiving the shares)

• Transfer details (such as currency, share class, number of shares, and paid-up share capital)

1. Select the transferor and transferee from the respective dropdown lists.

2. Enter the currency, share class, number of shares and paid-up share capital. Then, click "Save".

Note: The currency and share class options depend on the transferor’s holdings. You can only select values within their current holdings. For example, an error will appear if you try to transfer more than the available paid-up share capital.

5. To add more share transfers, click "Add shares transfer" and repeat steps 1 to 4. Once you have added all transfers, click "View transfer summary".

Step 4: Review and submit your application

After you update your share transfer details, check your information before you submit it.

1. Review all share transfer details carefully. This includes details on the original shareholding and the resulting shareholding after the transfer.

2. State whether the shares are held directly or indirectly by any corporation. Then, click "Review and confirm".

3. On the "Review and confirm" page, check that you have entered all information correctly.

6. You will also receive a Bizfile notification that confirms the updated shares transfer.

Related pages

• Shares and updating share information