Document background
The Share Transfer Deed Form is a crucial document used in the United Arab Emirates when transferring ownership of shares between parties in a company. This document is essential for compliance with UAE Federal Law No. 32 of 2021 and must be prepared in accordance with local regulatory requirements. The deed is typically required when shareholders wish to sell or transfer their shares, during corporate restructuring, or as part of succession planning. It contains detailed information about the transferor, transferee, the shares being transferred, consideration amount, and various warranties and representations. The document must be properly executed and often requires notarization and registration with relevant UAE authorities, including the Department of Economic Development in the respective emirate. Free zone companies may have additional or specific requirements based on their governing regulations.
