Direct answer: A share transfer requires a review of the company, transfer restrictions, pre-emption rights, debts, taxes and licenses, followed by a sale agreement with clear completion conditions and an official update to ownership records.

Practical steps

• Agree confidentiality terms and set up a data room.
• Review ownership, contracts, debts and tax position.
• Check pre-emption rights and required approvals.
• Draft price, payment, warranties and indemnities.
• Complete the transfer and update the articles, register and beneficial-owner information.

Documents and issues to settle

• Company articles and shareholders’ agreement.
• Financial statements, tax records and debt schedule.
• Contracts and guarantees.
• Licenses and intellectual property.
• Resolutions and approvals.

Common mistakes

• Paying before closing conditions are satisfied.
• Relying only on the seller’s statements.
• Overlooking lender consent.
• Failing to address undisclosed liabilities.

Frequently asked question

Who bears historic debts?

The company remains responsible to its creditors, while the sale agreement allocates risk between buyer and seller.

Next step

Review the activity, ownership, funding and licenses before committing. See our company formation service and related legal articles, then request a project-specific review.

Source and legal review

Primary official source: GAFI Investor Services Center Guide. Reviewed by legal consultant Tarek Ibrahim on 4 October 2026. Recheck requirements at filing.