Resolution - Sale or transfer of shares to a third party by a corporate shareholder

Description

Rights and obligations of the shareholders of a business corporation

• This service is particularly useful when a corporate shareholder wishes to transfer the shares he holds in a company to a third party.
• In general, any decision concerning a company must be formalized by a resolution adopted by its board of directors.
• All company resolutions must be carefully preserved in the company's minute book, ensuring traceability and legal compliance.
• The Legal Publicity Act stipulates that companies must promptly update the identification of majority shareholders and ultimate beneficiaries with the Registre des entreprises du Québec (REQ).
• This crucial requirement aims to ensure the transparency and accuracy of public information about companies, making it easier for the public and authorities to verify their legitimacy, and reinforcing confidence and security in Quebec's business ecosystem.
• The resolution for a share sale, available on this site, meets the needs of most companies, even for relatively simple situations. It also includes detailed documentation in the " Summary " tab.

• Find a wealth of information on various legal topics in our legal FAQ.

Other services offered

Summary

The Resolution for the sale of shares includes the following documents, namely:

• Resolution of the corporation wishing to sell its shares held in another corporation.
• Transfer notice template to be handed over to the issuing corporation for the transferred shares.

Price

Available option