Document background
The Short Form Stock Purchase Agreement is designed for use in Hong Kong when parties wish to document a straightforward share transfer transaction without the complexity of a full-length agreement. It is particularly suitable for small to medium-sized private company transactions, internal restructurings, or where parties have a pre-existing relationship. The document incorporates key requirements under Hong Kong law, including compliance with the Companies Ordinance and Stamp Duty Ordinance, while keeping warranties and operational provisions streamlined. This version is typically used when the transaction value is moderate, due diligence requirements are minimal, and the risk profile does not warrant extensive warranties and indemnities.
