10. Do I need a share transfer form?
If you form your company with your own subscriber(s) there will be no need to transfer any shares. There will therefore be
no need to pay any stamp duty.
The HM Revenue and Customs have also recently obolished the need for stamp duty to be paid on transfers of shares at a value of less than £1000. Most traditional formations therfore do not need stamp duty to be paid on transfering the company from the subcriber to any new owner.
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