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Share Certificate Transfer Form Template for Saudi Arabia

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Key Requirements PROMPT example:

Share Certificate Transfer Form

"I need a Share Certificate Transfer Form for transferring 5,000 ordinary shares in my Saudi private limited company to a local business partner, with the transfer scheduled for March 15, 2025; the form must comply with standard Saudi corporate requirements."

Document background
The Share Certificate Transfer Form is a mandatory document required under Saudi Arabian law for executing and recording the transfer of share ownership in Saudi companies. This document is used whenever shares are being transferred between parties, whether in private or public companies, and must comply with the Companies Law (2015) and relevant Capital Market Authority regulations. The form captures essential information including the identities of the transferor and transferee, share certificate details, consideration amount, and necessary declarations. It serves as official evidence of the transfer and must be properly executed to ensure legal validity. The document is particularly important in the Saudi context as it must align with both modern corporate governance requirements and traditional Sharia law principles, making it a crucial instrument in Saudi Arabian corporate transactions.
Suggested Sections

1. Transfer Details Header: Date of transfer and reference number for the transaction

2. Company Information: Full legal name of the company, commercial registration number, and registered address

3. Transferor Details: Full legal name, ID/CR number, nationality, and contact details of the current shareholder

4. Transferee Details: Full legal name, ID/CR number, nationality, and contact details of the new shareholder

5. Share Certificate Details: Certificate number, number of shares, class of shares, and nominal value

6. Consideration: Price per share and total consideration for the transfer

7. Declaration of Ownership: Transferor's declaration of full ownership and right to transfer the shares

8. Execution Block: Signature blocks for transferor and transferee with witness requirements

Optional Sections

1. Board Approval: Required when company's articles mandate board approval for share transfers

2. Proxy Authorization: Required when either party is represented by an authorized representative

3. Foreign Investment Declaration: Required when the transferee is a non-Saudi entity or individual

4. Spousal Consent: May be required for individual transferors based on personal status

5. CMA Compliance Statement: Required for listed companies or when CMA regulations apply

6. Tax Clearance Declaration: Required when mandated by ZATCA for specific types of transfers

Suggested Schedules

1. Appendix 1 - Share Certificate Copy: Copy of the original share certificate being transferred

2. Appendix 2 - ID Documents: Copies of identification documents for both parties

3. Appendix 3 - Board Re红杏直播: If required, copy of board approval for the transfer

4. Appendix 4 - Powers of Attorney: If applicable, documentation of proxy authorization

5. Appendix 5 - Regulatory Approvals: Copies of any required regulatory approvals or permits

6. Appendix 6 - Company Shareholder Registry: Updated extract of the company's shareholder registry

Authors

Alex Denne

Head of Growth (Open Source Law) @ 红杏直播 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Relevant Industries

Financial Services

Banking

Professional Services

Manufacturing

Real Estate

Technology

Healthcare

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Energy

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Relevant Teams

Legal

Corporate Secretarial

Compliance

Finance

Corporate Governance

Shareholder Relations

Investment

Administrative

Risk Management

Executive Leadership

Relevant Roles

Company Secretary

Legal Counsel

Corporate Lawyer

Compliance Officer

Board Director

Chief Executive Officer

Chief Financial Officer

Investment Manager

Corporate Governance Officer

Shareholder Relations Manager

Legal Administrator

Transaction Manager

Corporate Services Manager

Finance Director

Business Development Manager

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