tiktok成人版

Deed Of Gift Of Shares Template for United Arab Emirates

A Deed of Gift of Shares is a formal legal document used in the United Arab Emirates to facilitate the voluntary transfer of company shares from one party (the Donor) to another (the Donee) without monetary consideration. This document, governed by UAE Federal Law No. 32 of 2021 (Companies Law) and the UAE Civil Code, formalizes the gratuitous transfer of shares while ensuring compliance with local corporate regulations and Sharia principles. It includes detailed provisions regarding the transfer process, warranties about share ownership, and necessary corporate approvals, making it particularly useful in family business succession planning and wealth restructuring scenarios.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership聽of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Deed Of Gift Of Shares?

A Deed of Gift of Shares is commonly used in the United Arab Emirates for facilitating share transfers within family businesses, implementing succession planning, or restructuring corporate ownership without monetary consideration. This document type is particularly relevant when shareholders wish to transfer their shares gratuitously, often in family business contexts or for tax planning purposes. The deed must comply with UAE Federal Law No. 32 of 2021 (Companies Law), the UAE Civil Code, and where applicable, free zone regulations. It typically includes detailed information about the shares being transferred, warranties from the donor, and any required corporate or regulatory approvals. The document's formality as a deed provides additional legal certainty and helps ensure the transfer's enforceability under UAE law. It's essential to consider both civil law requirements for gifts (Hiba) and corporate law requirements for share transfers when preparing and executing this document.

What sections should be included in a Deed Of Gift Of Shares?

1. Parties: Identifies and defines the Donor (person giving the shares) and Donee (person receiving the shares), including their full legal names and addresses

2. Background: Sets out the context of the gift, including details of the company whose shares are being transferred and the Donor's current ownership

3. Definitions and Interpretation: Defines key terms used in the deed and establishes interpretation principles

4. Gift: Details the specific shares being gifted, including number, class, and nominal value

5. Completion: Specifies when and how the transfer will take place, including delivery of share certificates and execution of transfer forms

6. Donor's Warranties: Warranties from the Donor regarding ownership, right to transfer, and absence of encumbrances on the shares

7. Donor's Covenants: Undertakings by the Donor to facilitate the transfer and not to revoke the gift

8. Tax and Costs: Addresses responsibility for any taxes, stamp duty, or costs associated with the transfer

9. Notices: Details how formal communications between parties should be made

10. Governing Law and Jurisdiction: Specifies UAE law as governing law and establishes jurisdiction for disputes

11. Execution: Formal execution blocks for parties to sign as a deed

What sections are optional to include in a Deed Of Gift Of Shares?

1. Consideration: Required only if there is nominal consideration being paid to support the deed structure

2. Company Consent: Include when the company's articles require consent for share transfers or for private companies with transfer restrictions

3. Regulatory Approvals: Required for regulated entities or when shares are in regulated sectors

4. Anti-Money Laundering Compliance: Include for high-value transfers or when required by applicable regulations

5. Shareholder Rights: Include when specific shareholder rights are attached to the shares being transferred

6. Confidentiality: Include when parties wish to keep the gift private

7. Power of Attorney: Include when the Donor grants power to execute additional documents for completing the transfer

What schedules should be included in a Deed Of Gift Of Shares?

1. Share Details: Detailed description of the shares being transferred, including share certificate numbers and distinctive numbers

2. Share Transfer Form: Standard form for transfer of shares as required by UAE Companies Law

3. Company Information: Details of the company including registration number, registered office, and current shareholding structure

4. Required Consents: Copies of any required consents from the company, other shareholders, or regulatory bodies

5. Existing Share Certificates: Copies of current share certificates to be surrendered

6. Board Resolution: Copy of board resolution approving the share transfer (if required)

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Document Type

Gift Deed

Sector

Personal

Cost

Free to use

Find the exact document you need

Gift Deed In Non Blood Relation

A UAE-compliant legal document facilitating the voluntary transfer of property between unrelated parties as a gift, subject to UAE Civil Code requirements.

Download

Deed Of Gift Of Land

A UAE-compliant legal document facilitating the voluntary transfer of land ownership as a gift, subject to federal and emirate-specific property laws.

Download

Deed Of Gift Of Immovable Property

A UAE-compliant legal document for gifting real estate property, requiring formal execution and registration with relevant authorities under UAE law.

Download

Deed Of Gift Form For Property

A UAE-compliant legal document for transferring property ownership as a gift, following local Civil Law and Sharia principles.

Download

Gift Deed Of Flat

A UAE legal document facilitating the gratuitous transfer of flat ownership from donor to donee, compliant with local property laws and Islamic principles.

Download

Gift Deed Movable Property

A UAE-compliant legal document facilitating the transfer of movable property as a gift from a donor to a donee, governed by UAE Civil Code and Sharia principles.

Download

Gift Deed For Property Transfer

A UAE legal document that facilitates the transfer of property ownership as a gift (hiba), governed by UAE Civil Law and requiring registration with relevant authorities.

Download

Gift Deed For Land

A UAE-compliant legal document for transferring land ownership as a gift, meeting both civil and Sharia law requirements.

Download

Gift Deed For Gift Of Money

A UAE-compliant legal document formalizing the voluntary transfer of money from donor to donee, incorporating both Civil Code requirements and Sharia principles.

Download

Gift Deed Of Ancestral Property

A legal document under UAE law for transferring ancestral property as a gift, combining civil and Sharia law requirements for property transfer without consideration.

Download

Gift Settlement Deed

A UAE-compliant legal document that formalizes the transfer of property or assets as a gift, incorporating both civil law requirements and Sharia principles.

Download

Gift Deed To Minor

A UAE-compliant legal document for transferring assets or property from a donor to a minor recipient, with provisions for guardianship and property management.

Download

Gift Agreement Between Individuals

A UAE-governed agreement documenting the voluntary transfer of property or assets from one individual to another, complying with UAE Civil Code and Islamic law principles.

Download

Deed Of Gift Of Shares

A UAE-governed legal document that formalizes the voluntary transfer of company shares from one party to another without monetary consideration.

Download

Irrevocable Inter Vivos Deed Of Gift

A UAE-compliant legal document for immediate and irrevocable transfer of assets from donor to donee during the donor's lifetime, subject to UAE Civil Code and Sharia principles.

Download

Irrevocable Deed Of Gift

A UAE-law governed deed that enables the permanent and irrevocable transfer of property or assets from donor to donee, compliant with both civil and Sharia law requirements.

Download
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it