What documents should be submitted to the Companies Registry if a local company makes an allotment of shares or there is a share transfer?
Companies RegistryAllotment of shares
Pursuant to the Companies Ordinance, the company should submit a Form NSC1(Return of allotments) ( MS Word/ PDF) within 1 month after the first day of allotment to the Companies Registry. If the allotment of shares is made either fully or partly for a consideration otherwise than in cash, the Form NSC1 should be submitted together with the relevant documents.
Share Transfer
It is not necessary to report the details of a share transfer to the Companies Registry immediately. The transfer of shares should be reported in the first annual return (Form NAR1) ( MS Word / PDF) made by the company after the transfer took place. For matters relating to stamping of shares transfer, please approach the Stamp Office of the Inland Revenue Department (Tel: 2594 3201).