Stock Transfer Form (Form J30 Fully Paid Shares)

This Stock Transfer Form (Form J30 Fully Paid Shares) is used to record the transfer of fully paid shares from one shareholder to another.

Section 770(1)(a) of the Companies Act 2006 provides that a company must not register a transfer of shares unless a proper instrument of transfer has been delivered to it. The usual form is governed by the Stamp Transfer Act 1963 (as amended) and is commonly known as a stock transfer form.

What does Stock Transfer Form (Form J30 Fully Paid Shares) do?

It provides a standard instrument of transfer to evidence the transfer of fully paid shares between a transferor (seller) and a transferee (buyer).

What does Stock Transfer Form (Form J30 Fully Paid Shares) cover?

• The number and type of shares being transferred, and the price.
• The parties to the transfer, including the transferee (buyer).
• Execution by the transferor (seller).
• Stamp duty certification (added to the form in April 2012), including certification for transactions of £1,000 or less and for transactions that are otherwise exempt.
• Practical points on restrictions on registration of transfers under Table A and under Model Articles (or similar), including the circumstances in which directors may refuse to register a transfer.

When should you use Stock Transfer Form (Form J30 Fully Paid Shares)?

• You are transferring fully paid shares from one shareholder to another and the company needs a proper instrument of transfer before registering the transfer.
• You need the J30 form for fully paid shares (rather than the J10 form for unpaid or partly paid shares).

Background

Since 25 March 2020, the stock transfer form should not be posted to HMRC and should be emailed instead. If the form cannot be emailed, HMRC provides guidance on posting forms. Care should be taken given the inherent risks of email.

What else you may need

If you are transferring unpaid or partly paid shares, use Stock Transfer Form (Form J10 Unpaid or Partly Paid shares).

After a share transfer, the Register of Members should be updated. A share transfer does not need to be notified to Companies House, but the company’s first confirmation statement must contain a list of shareholders and subsequent confirmation statements must report any changes.

Helpful resources

This document is also available in our Share Capital & Profits collection: Stock Transfer Form (Form J30 Fully Paid Shares).

Stock Transfer Form (Form J30 Fully Paid Shares) is part of Corporate. Just £38.50 + VAT provides unlimited downloads from Corporate for 1 year.