ASIC Compliance:
- Ensures you meet all legal requirements for registering share transfers with the Australian Securities and Investments Commission (ASIC).
- Includes up-to-date guidance on notifying ASIC of changes within the mandatory 28-day period.
Stamp Duty Considerations:
- Highlights the absence of stamp duties on share transfers, except in cases where the transfer effectively changes the ownership of real property.
- Advises on seeking legal consultation to understand potential stamp duty implications when real estate is involved.
Why Choose Our Template?
- Legally Sound: Crafted by Australian lawyers, ensuring compliance with current laws and regulations.
- User-Friendly: Easy to complete with clear instructions on filling out details for all parties involved.
- Instant Access: Download and start using the template immediately after purchase.
View Sample Excerpt of the Share Sale Agreement (7 page document)
List of Included Clauses
- Recitals
- Vendors Warranties – covering issues like the accuracy of financial statements and disclosures, compliance, breach of law, taxation, books and records, litigation
- Notices
- Waivers
- Counterparts
- Governing Law
- Interpretation
- Costs
How to Use the Agreement for Sale of Shares
Identify the Parties:
Fill in the details of the vendor (seller), purchaser (buyer), and the company whose shares are being transferred.
Ensure to include ABN numbers and address details where relevant.
Company Consent:
For small Pty Ltd companies, the company itself should be a party to the Agreement.
Obtain necessary consents for share transfers as required by company bylaws or regulations.
Register the Transfer:
Follow the online process to update your company records with ASIC as per the instructions provided on their website here.
Benefits of Using Our Template
- Peace of Mind: Know that your share sale transactions are documented accurately and legally.
- Convenience: Complete the agreement efficiently with step-by-step guidance.
- Cost-Effective: Avoid the expense of hiring lawyers for drafting the agreement.
Get Started Today
Ensure your share transactions are legally binding and professionally documented. Purchase our Share Sale Agreement Template now and take the first step towards a smooth and compliant share transfer process.
Buy Share Sale Agreement Template - Download Now!