How do I transfer shares in a Sdn Bhd?
The chain: an instrument of transfer signed by both parties, board approval (private companies typically restrict transfers), stamping at LHDN — stamp duty is assessed on the higher of the price or the shares’ value determined for stamp-duty purposes — then the register of members is updated and SSM notified. We handle the sequence for a quoted fixed fee.
Sources: Companies Act 2016Stamp Act 1949
Also asked as: share transfer procedure sdn bhd; form 32a; pindah milik saham; selling my shares private company.
The stamping valuation step surprises people: transferring 'for RM1' doesn't avoid duty if the company has real net assets. Budget for duty on the true value.
Net assets may inform valuation, but are not a universal substitute for the applicable share-valuation rules. Confirm the valuation basis, reliefs and duty before signing.
Key facts
- Instrument + board approval + LHDN stamping + register update
- Duty on higher of consideration or assessed share value
- Fixed-fee service, quoted in advance
Call +60 10-383 5988 (a licensed secretary replies within one working hour (Mon–Fri 8:30am–5:30pm MYT; outside hours, first thing next working day)) or walk in at J-3A-15, Solaris Mont Kiara.