Document background
The Notice of Transfer of Shares is a mandatory document under Indonesian corporate law when ownership of company shares changes hands. It must be prepared whenever shares are transferred between parties, whether in private or public companies. The document serves multiple purposes: it formally notifies the company's management of the transfer, provides necessary details for updating the shareholder register, and forms part of the official documentation required by Indonesian authorities, including the Ministry of Law and Human Rights. For foreign investment cases, additional declarations may be needed to comply with Indonesia's investment regulations. The notice typically precedes the actual registration of the transfer in the company's records and may need to be accompanied by supporting documents such as share transfer forms, board resolutions, and tax-related documentation.
