Question
What is Form SH-4 and how much stamp duty applies on a share transfer?
Answer
Bottom line: SH-4 is the share transfer deed, and stamp duty is 0.25% of consideration on a physical transfer (0.015% for a demat transfer).
1. The form
A duly stamped, executed SH-4 must be delivered to the company within 60 days of execution for the transfer to be registered.
2. Stamp duty
On a physical, off-market transfer of unlisted shares, duty is 0.25% of the consideration; a transfer through the depository (demat) is charged 0.015%, collected centrally.
3. Lodge together
Keep the share certificate with the SH-4 when you lodge it.
Generate it with our Share Transfer Form (SH-4) Generator.
This answer is general information based on the law as it stood when written and is not professional advice on your specific situation. Verify the current position and consult a qualified professional before acting. See our disclaimer.