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Share Transfer Form and Directors' Approval
NextGen Docs form ND-1181. Search ND-1181 on docs.ngz.ca to make this document again.
Move shares from one shareholder to another: the signed transfer, the directors' approval and the register update.
Start this document FreeHow it works
What you will fill in
- Does any of these apply?
- Corporation's full legal name
- Transferor (current owner)
- Transferee (new owner)
- Number of shares transferred
- Class of shares
- Certificate number being surrendered
- Price paid ($). Write 0 for a gift.
- Names of all the directors
- Date of transfer
Good to know
- Most private company articles say directors must approve every share transfer. Check your articles and any shareholders' agreement first.
- Cancel the old certificate, issue new ones to the buyer (and to the seller for any shares left), and update the Securities Register.
- If someone now holds 25% or more, update the Register of Individuals with Significant Control within 15 days.
Help in your language
Every question comes with help like this. For example, “Does any of these apply?”:
English: These can have tax results (for example, capital gains, attribution rules or a section 116 certificate for non-residents). We still make the form.
اردو: کیا ان میں سے کوئی بات ہے؟
ਪੰਜਾਬੀ: ਕੀ ਇਹਨਾਂ ਵਿੱਚੋਂ ਕੋਈ ਗੱਲ ਹੈ?
हिन्दी: क्या इनमें से कोई बात है?
Français: Ces cas peuvent avoir des conséquences fiscales. Nous préparons quand même le formulaire.
Questions people ask
How much does the Share Transfer Form and Directors' Approval cost?
It is free to fill in, preview and download.
Can I fill in the Share Transfer Form and Directors' Approval in Urdu, Punjabi, Hindi or French?
Yes. The finished document is in English, but every question has plain help in English, Urdu, Punjabi, Hindi and French, and you can speak your answers.
Do I need a lawyer?
Many people use this document on their own. If your situation is complicated, or a lot of money or your home is involved, talk to a lawyer or licensed paralegal. In Ontario, the Law Society Referral Service (findlegalhelp.ca) gives a free 30-minute consultation.
Is my information private?
Only you can see your answers. They are saved on your device, and in your own account if you sign in, so you can finish on another device. NextGen Docs is not a law firm and does not give legal advice.