Overview

Shares are transferred (e.g. sold) from one member to another member. When a transfer of shares has occurred, the company must file a notice of transfer of shares with ACRA via BizFile⁺ or report the transfer in the annual return.

Navigation

From the Main Toolbar, go to Company
Select the Company from the list
Select Shareholders

Click Add Transaction +

Select Share Transfer

Instructions

CAS 360 will display the Share Transfers screen

Field	Explanation
Transaction Date	Input the date of the transfer
Transfer From	CAS 360 will display a list of the company’s current shareholders
Beneficial Owner	CAS 360 will automatically prefill this field if there is a beneficial owner.
Transfer To	Begin typing the shareholder’ name. CAS 360 will search the Global Contacts screen for the person. If the contact has not been previously saved to the database, select + Add New to create the contact.
Beneficial Owner	Toggle YES if the shares being transferred are held on behalf of another person, organisation, or trust. See beneficial owners for more information.
Share Type	CAS 360 will display a list of the share types the shareholder holds
Number of Shares	Input the number of shares transferred
Total Consideration Paid	Enter the total consideration paid for shares.
Amount of Issued Share Capital	Enter the amount payable for issued share capital in decimals.
Amount of Paid up Share capital	Enter the amount of paid up share capital in decimals.  For changes to partly paid shares, click here.
Meeting Status	Select the meeting status of the member which will display on Members Minutes.
Notes	Add extra notes in relation to the transfer.

Field	Explanation (Transferor & Transferee)
Certificate Type	Select the Certificate type.
Certificate Number	CAS 360 will automatically pre-fill a number based on previous shareholder transactions.
Certificate Location	Enter the location of the Certificate
Unique Numbers	Type a Unique Number to assign to the shares.

Click Save

Forms Prepared

---

By selecting Prepare Forms CAS 360 will display the Document Production screen and automatically select the documents required:

• Cover Letter
• Register of Members
• Transfer Journal
• Directors Minutes or Resolution
• Notice of EGM
• Members Minutes or Resolution
• Members Consent to Short Notice
• Company Change Summary
• Increase in Number of Members Form 21
• Share Certificate
• Share Transfer Form
• Declaration of Trusts (if there is a Beneficial Owner attached)
• Notices of Beneficial Ownership (if there is a Beneficial Owner attached)

Select the (...) icon to change any of the document settings. Different options will appear depending on the document type.

Once the forms and documents have been prepared, select Download All or Send All. 

 

Electronic Filing to ACRA

From the Main Toolbar, go to Documents

Documents that have been downloaded or sent to clients will appear in the documents screen. 

Select the Change dropdown beside the Company Change documents.

To file company changes to ACRA, click Lodge.

Select the lodging agent: 

Users will be directed to the SingPass login, to connect with ACRA. Once the agent is authorised, the Confirm Lodgement screen will display.

Read and confirm details before proceeding. Lodgment is complete once selecting the Lodge button. 

*Note BGL will not be responsible for any incorrect lodgements.

Once the lodgement is complete, the lodge button will disappear and a Notification will confirm the lodgement.

Users can find all documentation on the Documents Screen, by selecting (...) beside the company change and selecting Attachments.