Document background
The Company Share Transfer Form is a fundamental document in Canadian corporate governance, used whenever shares need to be transferred between parties in a corporation. This document is essential for maintaining accurate records of share ownership and ensuring compliance with both federal and provincial regulations. It must adhere to the requirements set forth in the Canada Business Corporations Act (CBCA) and relevant provincial securities legislation. The form captures crucial information including the identities of the transferor and transferee, details of the shares being transferred, consideration paid, and necessary approvals. It serves multiple purposes: documenting the transfer transaction, providing evidence of ownership change, enabling updates to the corporate share register, and ensuring compliance with regulatory requirements. The document is particularly important for private corporations where share transfers need to be carefully documented and may require director approval.
