According to New Zealand legislation, the company must notify the Company Office when updating, adding or removing a share allocation.
Share Transfer is not only about simply changing the register information on the Company Office website. Before you want to transfer your company share, you must consider the following factors:
- Loss carried forward amounts
- Imputation tax credits.
- Retained earnings
- Shareholder Current accounts
For your own protection, we highly recommend that you should ask professionals regarding the share transfer intention. IF you change it without financial advisory, you may forfeit big benefits such as losing imputation tax credits.
Normally, the share transfer activity should be completed by a third party with supporting documents. As share transfer is a big decision for the company, it would be more reliable when all the share transfer decisions are put on paper with related parties signatures.

