Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Sale of Shares in a limited company.

  • 16-02-2009 3:49pm
    #1
    shels4ever
    Closed Accounts Posts: 7,598 ✭✭✭


    Hi all,
    We set up a limited company and due to a few reason one of the Directors/Share holders wished to resign. We have seen teh B10 from for the change in the director but jsut wondered what is the best way to deal with the sale of shares? Do they need to be sold or jsut change teh Anual return to reflect the new share amount?

    Thanks.


Comments

  • #2
    kennyb3
    Registered Users, Registered Users 2 Posts: 6,724 ✭✭✭kennyb3


    you can simply do a share transfer.i.e sale for nominal value and show same on next B1. update the company register and share certificates as required.

    not a big issue at all


  • #3
    thecleverone
    Closed Accounts Posts: 337 ✭✭thecleverone


    You also need to file an SD4 form with the Revenue Commissioners and file same along with stock transfer forms. This must be done prior to entering the share transfer in the statutory company register and annual return form.

    PM me if you need more info.


Advertisement