Share Transfer Certificate Template for Indonesia

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Key Requirements PROMPT example:

Share Transfer Certificate

"I need a Share Transfer Certificate for the transfer of 1,000 ordinary shares in PT Tech Solutions Indonesia from a local shareholder to a Singapore-based company, scheduled for completion on March 15, 2025, with board approval required as per company articles."

Document background
A Share Transfer Certificate is a fundamental document in Indonesian corporate law, used whenever ownership of shares in a company needs to be transferred between parties. This document is essential for completing share transfers in accordance with Law No. 40 of 2007 on Limited Liability Companies and must be properly executed to ensure legal validity. The certificate serves multiple purposes: it provides evidence of the transfer, updates the company's share register, enables the issuance of new share certificates, and supports regulatory compliance requirements. It's particularly crucial for corporate restructuring, investment transactions, and succession planning, requiring careful attention to detail in its preparation and execution to ensure the transfer is legally binding and properly recorded in company records.
Suggested Sections

1. Certificate Header: Title of document, date, and certificate reference number

2. Company Details: Full legal name of the company, registration number, and registered address

3. Transferor Details: Full name, ID/passport number, and address of the party transferring the shares

4. Transferee Details: Full name, ID/passport number, and address of the party receiving the shares

5. Share Details: Number and class of shares being transferred, share certificate numbers, and nominal value

6. Consideration: Amount paid for the shares and payment details

7. Transfer Declaration: Formal statement of transfer and confirmation that the transfer complies with the company's articles of association

8. Execution Block: Signature blocks for transferor, transferee, and company directors/authorized representatives

Optional Sections

1. Partial Payment Declaration: Required if the shares being transferred are only partially paid, stating the amount paid and remaining unpaid

2. Spousal Consent: Required if the transferor is married and local law or company articles require spousal consent

3. Board Approval: Required if the company's articles of association require board approval for share transfers

4. Encumbrance Statement: Required if there are any liens, charges, or other encumbrances on the shares

5. Foreign Investment Compliance: Required if the transfer involves foreign investors, confirming compliance with Indonesian investment laws

Suggested Schedules

1. Original Share Certificate: Copy of the original share certificate(s) being transferred

2. Board Resolution: If required, copy of board resolution approving the transfer

3. Payment Evidence: Proof of payment for the share transfer

4. Power of Attorney: If the transfer is executed by authorized representatives, the relevant power of attorney

5. Company Articles Extract: Relevant excerpts from company articles regarding share transfers

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Financial Services

Manufacturing

Technology

Real Estate

Mining

Agriculture

Retail

Healthcare

Education

Transportation

Energy

Telecommunications

Construction

Professional Services

Tourism

Relevant Teams

Legal

Corporate Secretarial

Compliance

Finance

Corporate Governance

Executive Management

Administrative

Investment

Mergers & Acquisitions

Relevant Roles

Corporate Secretary

Legal Counsel

Chief Legal Officer

Chief Executive Officer

Chief Financial Officer

Company Director

Compliance Officer

Corporate Governance Officer

Legal Manager

Investment Manager

M&A Director

Board Member

Managing Director

Finance Director

Administrative Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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