How do I transfer shares of a Singapore company to another person?

Usually the parties agree on the transfer terms, sign an instrument of transfer and report the transfer to ACRA. The transfer takes effect once it is reflected in ACRA's electronic register of members.

1. Agree on terms such as the number of shares transferred and the price
2. Check transfer restrictions in the constitution and whether board approval is required
3. Sign the instrument of transfer and handle stamp duty (if applicable)
4. File with ACRA and have it reflected in the electronic register of members (EROM)
5. Update related registers such as the register of registrable controllers

Stamp duty and tax on any gain from the transfer can vary depending on the transfer price and where the transferor and transferee are resident.

Tax treatment can differ depending on the company's revenue, shareholder structure and transactions, so please consult an accounting professional before applying it.

The Lee Kim Alliance accounting team provides accounting and tax consultations.

As of November 2026, source: ACRA