Stock Transfer Request Form Template for Indonesia

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Key Requirements PROMPT example:

Stock Transfer Request Form

"I need a Stock Transfer Request Form for transferring 25,000 common shares of my Indonesian technology company to a Singapore-based investor, with the transfer planned for March 2025, ensuring compliance with foreign investment regulations."

Document background
The Stock Transfer Request Form is a crucial document in Indonesian corporate practice, used whenever shares need to be transferred between parties in an Indonesian company. This form is required under Indonesian law, particularly Law No. 40 of 2007 on Limited Liability Companies and relevant OJK regulations, to properly document and execute share transfers. It contains essential information about the transferor, transferee, share details, transfer price, and necessary declarations. The form serves multiple purposes: it initiates the transfer process, provides evidence of the transaction, ensures regulatory compliance, and forms part of the company's official records. It's particularly important for maintaining accurate shareholder records, facilitating corporate governance, and ensuring transparency in ownership changes. The document must be completed whether the transfer is between existing shareholders, to new shareholders, or as part of a larger corporate transaction.
Suggested Sections

1. Form Title and Reference Number: Clear identification of the document as a Stock Transfer Request Form with unique reference number

2. Date: Date of the transfer request submission

3. Transferor Details: Complete information about the current shareholder, including full name, ID/passport number, address, and shareholding details

4. Transferee Details: Complete information about the proposed new shareholder, including full name, ID/passport number, address, and contact information

5. Share Transfer Details: Specific details of shares being transferred including number of shares, class of shares, nominal value, and percentage of total issued capital

6. Transfer Price: Agreed price per share and total transfer value

7. Payment Details: Information about how the transfer payment will be made

8. Declaration: Statement confirming the accuracy of information and compliance with company regulations and applicable laws

9. Signature Blocks: Space for signatures of transferor and transferee with witnesses

Optional Sections

1. Spousal Consent: Required if the transferor is married and shares are considered joint matrimonial property under Indonesian law

2. Corporate Authorization: Required if either party is a corporate entity, including board resolution authorizing the transfer

3. Foreign Investment Declaration: Required if the transferee is a foreign entity or individual, declaring compliance with Indonesian foreign investment regulations

4. Tax Registration Details: Required for reporting capital gains tax, including NPWP (tax registration number) of both parties

5. Broker Details: Required if the transfer is being executed through a licensed securities broker

Suggested Schedules

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

2. Identity Documents: Copies of ID cards/passports of transferor and transferee

3. Board Resolution: If applicable, corporate authorization documents for either party

4. Payment Evidence: Proof of payment or payment arrangement documentation

5. Tax Clearance: If required, documentation showing compliance with tax obligations related to the transfer

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

Entertainment

Hospitality

Relevant Teams

Legal

Corporate Secretariat

Compliance

Finance

Treasury

Corporate Governance

Risk Management

Administrative Services

Investor Relations

Corporate Affairs

Relevant Roles

Corporate Secretary

Legal Counsel

Compliance Officer

Board Director

Chief Financial Officer

Investment Manager

Share Registrar

Company Director

Corporate Governance Officer

Financial Controller

Legal Manager

Risk Management Officer

Treasury Manager

Company Administrator

Securities Administrator

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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