Transfer of shares

The purchase or sale of shares is a frequent transaction in the life of a joint-stock company. It involves the transfer of ownership of one or more shares between two or more persons, and may also involve the addition or removal of a person from the company’s shareholder base. Unlike a newly issued share, a transferred share was outstanding and held by a shareholder prior to its transfer. For this transaction to be valid, we prepare the necessary legal documentation and, once the documents have been signed, take the administrative steps with the appropriate government corporate registry to declare the change. 
The purchase or sale of shares is a frequent transaction in the life of a joint-stock company. It involves the transfer of ownership of one or more shares between two or more persons, and may also involve the addition or removal of a person from the company’s shareholder base. Unlike a newly issued share, a transferred share was outstanding and held by a shareholder prior to its transfer. For this transaction to be valid, we prepare the necessary legal documentation and, once the documents have been signed, take the administrative steps with the appropriate government corporate registry to declare the change.   

 

Since the transfer of shares may have tax consequences, we recommend that you seek the assistance of your accountant, tax advisor or appraiser in order to validate, in particular, the value at which the shares may be transferred and the tax impact of such a transaction. We will need this value in order to complete the drafting of the legal documentation. If necessary, we can refer you to our accounting, tax or valuation partners.  

 

What’s included :

  • The necessary legal documents (transfer form, prospectus exemption, shareholder and director resolutions, internal register updates) generated by our technology;
  • Electronic signature of documents ;
  • Administrative procedures with the appropriate government corporate registry ;
  • Validation of documents by lawyers; and
  • Customer service support.
 

 

Not included:

  • Preparation of accounting or tax opinions or valuation reports; and
  • Adding or removing shareholders from Revenue Canada, Revenue Quebec, bank accounts and social network accounts.
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I wish to transfer my shares

Transfer of shares

$600.00

How many shareholders will be involved in the share transfer? *

An additional fee of $150 applies for each share transfer, whether it involves a new class of shares or an additional shareholder. This pricing applies even if you transfer different classes of shares among the same shareholders.

If you are considering more than 5 share transfers, please contact our customer service so that a lawyer can handle your entire file.

Acknowledgment of Prior Fiscal/Accounting Consultation *

Lexstart does not comment on the tax impacts of such transactions. When purchasing our Lexstart kits (dissolution, issuance, transfer), it is crucial to consult a professional for the tax and accounting implications. This ensures that you are well informed about the consequences for your business.

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A transfer of shares often leads to significant tax consequences that should be checked before preparing the documents.


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Lexstart is a pioneering legal platform, utilizing technology to transform access to legal services for entrepreneurs. Our team is committed to simplifying the complexity of business law. We support businesses from their inception to their success, handling all necessary administrative procedures. Moreover, thanks to our automated document creation technology, we provide customized standard contract templates based on your responses.

Lexstart provides a range of online legal services that empower you to manage your business with confidence. This includes kits for incorporation, shareholder agreements, registration, and much more. Additionally, we offer tailored attorney consultations for more specific corporate law needs.

Our online services are designed to be simple and convenient. You select the service kit that suits you, fill out an online form, and we take care of the rest. The entire process is electronic for your convenience.

Absolutely! Lexstart simplifies the process of starting a business. Our online legal service kits guide you through each step, and our support team is always there to assist if needed. With Lexstart, launching a business is fast, affordable, and secure.

Absolutely. In addition to our innovative technology, we are also a team of experienced corporate lawyers who can assist you with all your legal needs. We have the expertise and resources to help you manage your business with confidence.

Yes, Lexstart is much more than just an online legal platform. It’s also a corporate law firm (business law) comprised of a team of experienced attorneys who can assist clients with all their specific legal needs.

Choosing Lexstart means opting for speed, affordability, and security for your legal needs. Lexstart is unique in that we blend legal expertise with technology to make legal services more accessible. Furthermore, we provide unlimited and free customer support to assist you at every step of the process. Our solutions are designed to be straightforward and practical, enabling you to save time and money.

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