{"id":10380,"date":"2025-07-24T15:53:17","date_gmt":"2025-07-24T10:23:17","guid":{"rendered":"https:\/\/simplebooks.com\/srilanka\/?p=10380"},"modified":"2025-07-28T14:03:30","modified_gmt":"2025-07-28T08:33:30","slug":"form-6-sri-lanka","status":"publish","type":"post","link":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka","title":{"rendered":"Form 6 &#8211; How to issue or transfer shares in a Private Limited Company | Step-by-Step Guide"},"content":{"rendered":"\n<p>When you\u2019re looking to bring in new investors to your business, increase your percentage of shares, or even exit a company &#8211; one of the main things you will look to do is either issue or transfer shares.&nbsp;<\/p>\n\n\n\n<p>Obviously, there are a lot of other scenarios in which you\u2019ll need to make changes to your shares.<\/p>\n\n\n\n<p>You might be looking to issue initial shares when you\u2019re registering, or even transfer some of the existing shares to other shareholders.<br><br>But, how do you exactly do this?<br><br>Both of these scenarios have their own unique processes.&nbsp;<\/p>\n\n\n\n<p>However, these processes aren\u2019t common knowledge, and most businesses aren\u2019t aware of the laws and regulations they need to follow.&nbsp;<\/p>\n\n\n\n<p>This often leads to a lot of confusion and inefficiency in most companies.<br><br>So, if you\u2019re looking for the right way to issue or transfer shares in your <a href=\"\/srilanka\/private-limited-company-registration\/\">Private Limited Company,<\/a> this blog will guide you.<br><br>It will walk you through how to issue shares using Form 6, and transfer shares using a \u2018Share Transfer Form\u2019.<br><br>Let\u2019s get started.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is a share issue?&nbsp;<\/h2>\n\n\n\n<p>Before we answer this question, we need to understand what a share is.&nbsp;<\/p>\n\n\n\n<p>Think of a share as a piece of a company.&nbsp;<\/p>\n\n\n\n<p>Company owners usually divide an organization into really small pieces and sell them off in exchange for money.&nbsp;<\/p>\n\n\n\n<p>When you buy a piece or even a few pieces &#8211; you end up owning a part of a company.&nbsp;<\/p>\n\n\n\n<p>Companies use the money they acquire from selling shares to grow throughout.&nbsp;<\/p>\n\n\n\n<p>Limited Companies like Private Limited Companies or Public Limited Companies both issue shares.&nbsp;<\/p>\n\n\n\n<p>The difference between these two companies is that Private Limited Companies only issue shares to a limited number of select buyers, while the other sells its shares to the general public via the stock market.&nbsp;<\/p>\n\n\n\n<p>Whoever holds \u2018shares\u2019 are called shareholders.<br><br>In return for buying the shares, shareholders are paid \u2018dividends\u2019&nbsp;<\/p>\n\n\n\n<p>As of recent ROC procedural updates, Form 6 must be filed through the e-ROC platform.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Things to remember<\/h3>\n\n\n\n<p>Your company undergoes an initial share issue during the company registration process.&nbsp;<\/p>\n\n\n\n<p>This is because, whenever you register a Private Limited Company in Sri Lanka, you need to have at least one shareholder.<br><br>In order to appoint this shareholder, your company issues shares for the first time and records the initial shareholders of the company by way of Form 1 at the moment of company registration.&nbsp;<br><br>After your initial share issue, you may need to issue additional shares of your company. You would usually do this in order to bring in new investors to the company.&nbsp;<br>You have to follow a completely different procedure in order to do this.<br><br>That is the process we\u2019re talking about in this blog.<br><br>If in case you\u2019re looking for the process to issue your shares for the first time (while registering your Private Limited Company), read our blog about <a href=\"\/srilanka\/private-limited-company-registration\/\">how to register a Private Limited Company in Sri Lanka.<\/a><\/p>\n\n\n\n<p>Note:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Form 1 is used at the time of incorporation to declare the initial shareholding.&nbsp;<\/li>\n\n\n\n<li>Form 6 is used after incorporation to record new share issues.<\/li>\n<\/ul>\n\n\n\n<p>Always check your Articles of Association and any Shareholders\u2019 Agreement before issuing or transferring shares, as these may include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pre-emption rights&nbsp;<\/li>\n\n\n\n<li>Director\/shareholder consent clauses&nbsp;<\/li>\n\n\n\n<li>Restrictions on share issues or voting rights<\/li>\n<\/ul>\n\n\n\n<p>So, how do Private Limited Companies exactly issue shares?&nbsp;<\/p>\n\n\n\n<p>Let\u2019s take a look.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to: Issue shares of a Private Limited Company<\/h2>\n\n\n\n<p>We can divide the process of issuing shares into three main steps:<\/p>\n\n\n\n<p><strong>Step 01:<\/strong> Call a board meeting&nbsp;<\/p>\n\n\n\n<p><strong><strong>Step 02<\/strong>:<\/strong> Pass a board resolution<\/p>\n\n\n\n<p><strong>Step 03:<\/strong> Submit the relevant documents<\/p>\n\n\n\n<p>Let\u2019s take a look at each step in a little more detail:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 01: Call a board meeting<\/h3>\n\n\n\n<p>To begin the process of issuing shares, you first need to call a meeting with the company\u2019s board of directors.<\/p>\n\n\n\n<p>During this meeting, you will have to decide on:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>The number of shares that are going to be issued.<\/li>\n<\/ol>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li>The price point of each share.<\/li>\n<\/ol>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li>Whether you want to raise the same class of shares or above the existing ranks. These \u2018ranks\u2019 will decide on the voting and distribution rights of the new shareholders.&nbsp;<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">Step 02: Pass a board resolution&nbsp;<\/h3>\n\n\n\n<p>Once you decide on the number of shares the company is going to issue, you need to pass a board resolution.&nbsp;<\/p>\n\n\n\n<p>The Registrar of Companies (ROC) will file this board resolution as proof that the entire board of directors are in favour of the share issue.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Things to remember<\/h4>\n\n\n\n<p>When you\u2019re issuing new shares of a company, you need to first offer them to your existing shareholders.<\/p>\n\n\n\n<p>If your company\u2019s Articles of Association or a Shareholders\u2019 agreement includes pre-emptive rights, new shares must be offered to existing shareholders. If no such provisions exist, the company may issue shares directly to third parties.<\/p>\n\n\n\n<p>However, this depends on whether this obligation is mentioned in your <a href=\"\/srilanka\/articles-of-association\/\">articles of association<\/a>. So, make sure to check your articles before you issue shares.&nbsp;<br><br>Once you pass the board resolution, it means that you\u2019re ready to offer the shares to your shareholders.<br><br>However, you need to also communicate this to the Registrar of Companies (ROC).<br><br>Let\u2019s take a look at how you can do that.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 03: Submit the relevant documents<\/h3>\n\n\n\n<p>For share issues specifically, <a href=\"http:\/\/www.drc.gov.lk\/en\/?page_id=1998\">Form 06<\/a> should be filed with the ROC.<\/p>\n\n\n\n<p>You need to submit the completed Form 6 along with the board resolution to the Registrar of Companies.\u00a0<\/p>\n\n\n\n<p>Additionally, you must:&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Record the allotment in the <strong>Register of Shareholders<\/strong>&nbsp;<\/li>\n\n\n\n<li>Updates your company\u2019s <strong>statutory records and minute books<\/strong> accordingly<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">What happens after a share issue?<\/h3>\n\n\n\n<p>There are a couple of things that follow a company\u2019s share issue:<br><br>1. You need to add the names of the new shareholders to your share register.<\/p>\n\n\n\n<p>2. Within 20 working days from the date of issue, you must file a notice with the Registrar of Companies (ROC) using Form 6, stating:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The number of issues shared&nbsp;<\/li>\n\n\n\n<li>The amount of the consideration for which the shares have been issued or its value as determined by the board.<\/li>\n<\/ul>\n\n\n\n<p>The amount of the company\u2019s stated capital following the issue of the shares.<\/p>\n\n\n\n<p>3. Once the ROC accepts your notice, you need to issue a \u2018Share Certificate\u2019 to your new shareholders.&nbsp;<\/p>\n\n\n\n<p>This share certificate will act as evidence of the shareholder\u2019s ownership of a part of the company + define the number of shares they own<\/p>\n\n\n\n<p>4. If the ROC finds that all the documents are in order, they will stamp Form 06 and give you a certified copy of it.<\/p>\n\n\n\n<p>Institutions like banks will view your share issue as valid and lawful only if you have this stamped copy of form 06 with you.&nbsp;<\/p>\n\n\n\n<p>Once the ROC acknowledges the allotment or transfer, you must:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Update your Register of Shareholders&nbsp;<\/li>\n\n\n\n<li>Issue updated Share Certificates within a reasonable time (preferably within 14 days)<\/li>\n\n\n\n<li>Keep proper minutes of board decisions for audit compliance&nbsp;<\/li>\n\n\n\n<li>If any of the new shareholders are also being appointed as directors, you must additionally file Form 20 with the ROC to update the company\u2019s director register.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">What is a share transfer?&nbsp;<\/h2>\n\n\n\n<p>As you grow your business, some shareholders may want to transfer their existing shares to other people.&nbsp;<\/p>\n\n\n\n<p>They can transfer these shares either by a sale or agreement.&nbsp;<\/p>\n\n\n\n<p>If they\u2019re selling their existing shares, they can:<br><br>1. Sell to outside individuals OR;<\/p>\n\n\n\n<p>2. Corporate entities such as another limited liability company.<\/p>\n\n\n\n<p>Existing shareholders can also transfer shares to each other. They usually do this to change the proportion of shares they own.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Why do people transfer shares?<\/h3>\n\n\n\n<p>There are a few scenarios where shareholders would transfer their shares.<br><br>Here are a few:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Existing shareholders want to transfer their shares to other existing shareholders.&nbsp;<\/li>\n\n\n\n<li>Existing shareholders want to transfer their shares to new shareholders (usually new investors).<\/li>\n\n\n\n<li>Existing shareholders want to change the proportion of their shares in the company.<\/li>\n\n\n\n<li>Existing shareholders want to transfer all their shares and leave the company.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">How to: Transfer shares in a Private Limited Company<\/h2>\n\n\n\n<p><strong>Step 01<\/strong>: Pass a board resolution<\/p>\n\n\n\n<p><strong>Step 02<\/strong>: File in the relevant documents&nbsp;<\/p>\n\n\n\n<p><strong>Step 03<\/strong>: Cancel the old share certificate (optional)&nbsp;<\/p>\n\n\n\n<p><strong>Step 04<\/strong>: &nbsp;Draw up a share transfer agreement (optional) (While not always mandatory under the Companies Act, a Share Transfer Agreement is highly recommended, especially where: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Share value is contested<\/li>\n\n\n\n<li>Special rights or restrictions are in place<\/li>\n\n\n\n<li>The company\u2019s articles require it.)<\/li>\n<\/ul>\n\n\n\n<p><strong>Step 05<\/strong>: Issue a new share certificate<\/p>\n\n\n[et_pb_section global_module=\"25606 \"][\/et_pb_section]\n\n\n\n<h3 class=\"wp-block-heading\">Step 01: Pass a board resolution&nbsp;<\/h3>\n\n\n\n<p>Before you decide to transfer your shares to someone else, the board of directors need to approve this change.<br><br>In order to do this, you need to organize a board meeting, discuss the impending transfer, and pass a board resolution as a sign of their approval.&nbsp;<\/p>\n\n\n\n<p>Similar to issuing shares, you can begin transferring your shares once the board resolution is passed.&nbsp;<\/p>\n\n\n\n<p>Likewise, you need to communicate this to the ROC.&nbsp;<\/p>\n\n\n\n<p>Let\u2019s take a look at how you can do that.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 02: File in the relevant documents&nbsp;<\/h3>\n\n\n\n<p>You need to fill in and submit a \u2018Share Transfer Form\u2019 + the board resolution to the Registrar of Companies.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"790\" height=\"1024\" src=\"https:\/\/simplebooks25.wpenginepowered.com\/srilanka\/wp-content\/uploads\/sites\/6\/2024\/02\/Screenshot-2021-03-13-at-06.23.27-790x1024-1.png\" alt=\"\" class=\"wp-image-25298\" style=\"width:790px;height:1024px\" srcset=\"https:\/\/simplebooks25.wpenginepowered.com\/srilanka\/wp-content\/uploads\/sites\/6\/2024\/02\/Screenshot-2021-03-13-at-06.23.27-790x1024-1.png 790w, https:\/\/simplebooks25.wpenginepowered.com\/srilanka\/wp-content\/uploads\/sites\/6\/2024\/02\/Screenshot-2021-03-13-at-06.23.27-790x1024-1-480x622.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 790px, 100vw\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Step 03: Cancel the old share certificate (optional)<\/h3>\n\n\n\n<p>You can also cancel the share certificate of the transferee.<br><br>However, this is optional.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 04: Draw up a share transfer agreement (optional)&nbsp;<\/h3>\n\n\n\n<p>If you want to further document the transfer, you can draw up a share transfer agreement.<br><br>This can map out:<br><br>1. The details of the transferer.&nbsp;<\/p>\n\n\n\n<p>2. The details of the transferee.&nbsp;<\/p>\n\n\n\n<p>3. Terms of the transfer.<\/p>\n\n\n\n<p>4. Value of a share at the time of transfer.<\/p>\n\n\n\n<p>5. Number of shares transferred.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 05: Issue a new share certificate<\/h3>\n\n\n\n<p>Once the shares have been transferred, you have to issue new share certificates to both the transferor and transferee.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Let Simplebooks take care of the paperwork for you!<\/h2>\n\n\n\n<p>Issuing or transferring new shares of a company can be quite the handful.<br><br>There is a lot of paperwork to be filled in, processed and submitted amidst the chaos.<br><br>However, you don\u2019t need to deal with the hassle yourself &#8211; let a professional take care of the messy documentation.<br><br>As a registered company secretary, Simplebooks has been helping businesses with their share issues and transfers for years.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>We could help you too!<\/li>\n\n\n\n<li>Process the paperwork.<\/li>\n\n\n\n<li>Fill in the necessary forms.<\/li>\n\n\n\n<li>Submit the documents to the ROC.<\/li>\n\n\n\n<li>Liaison with the Registrar on your behalf.<\/li>\n\n\n\n<li>Prepare share certificates.&nbsp;<\/li>\n<\/ol>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button ctat\"><a class=\"wp-block-button__link wp-element-button\" href=\"\/srilanka\/contact\/\">Get advice for free<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">FAQs<\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1615652170265\"><strong class=\"schema-faq-question\">Why do companies issue shares?<\/strong> <p class=\"schema-faq-answer\">There are many reasons as to why a company might issue shares:<br\/><br\/>1. To raise further capital<br\/>2. To extend its shareholder portfolio\u00a0<br\/>3. Fund further expansion and growth<br\/>4. Build wealth\u00a0<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1615652327729\"><strong class=\"schema-faq-question\">What are the types of issues of shares?<\/strong> <p class=\"schema-faq-answer\">1. Ordinary Shares\u00a0<br\/>2. Preference Shares\u00a0<br\/>3. Redeemable Preference Shares<br\/>4. Irredeemable Preference Shares (Subject to conditions set out in the Articles and the Companies Act)<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1615652352951\"><strong class=\"schema-faq-question\">What is the procedure for the transfer of shares?<\/strong> <p class=\"schema-faq-answer\">Step 01: Decide on the number of shares you\u2019re going to issue<br\/>Step 02: Hold a meeting with the board of directors<br\/>Step 03: Pass a board resolution confirming the share issue<br\/>Step 04: Submit the relevant documents (Form 6 + board resolution)<br\/><br\/><br\/>Note on Beneficial Ownership:<br\/><br\/>If shares are held on behalf of a third party (Eg, in trust or by a nominee), the company should maintain internal records of the beneficial owner and may be required to disclose such information upon request by the ROC or a regulatory authority.<\/p> <\/div> <\/div>\n","protected":false},"excerpt":{"rendered":"<p>When you\u2019re looking to bring in new investors to your business, increase your percentage of shares, or even exit a company &#8211; one of the main things you will look to do is either issue or transfer shares.&nbsp; Obviously, there are a lot of other scenarios in which you\u2019ll need to make changes to your [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25300,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[18],"tags":[26],"class_list":["post-10380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-en","tag-secretarial-service"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Form 6 - How to issue or transfer shares in a Private Limited Company | Step-by-Step Guide - Sri Lanka<\/title>\n<meta name=\"description\" content=\"Learn how to issue or transfer shares in a Sri Lankan Private Limited Company using Form 6 or a Share Transfer Form.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Form 6 - How to issue or transfer shares in a Private Limited Company | Step-by-Step Guide - Sri Lanka\" \/>\n<meta property=\"og:description\" content=\"Learn how to issue or transfer shares in a Sri Lankan Private Limited Company using Form 6 or a Share Transfer Form.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka\" \/>\n<meta property=\"og:site_name\" content=\"Sri Lanka\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/teamsimplebooks\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-24T10:23:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-28T08:33:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/simplebooks.com\/srilanka\/wp-content\/uploads\/sites\/6\/2021\/03\/How-to-issue-or-transfer-shares-in-a-Private-Limited-Company.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aabith Sabeer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aabith Sabeer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka\"},\"author\":{\"name\":\"Aabith Sabeer\",\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/#\\\/schema\\\/person\\\/c5910898e76dd74aacc1c16b1d15347a\"},\"headline\":\"Form 6 &#8211; How to issue or transfer shares in a Private Limited Company | Step-by-Step Guide\",\"datePublished\":\"2025-07-24T10:23:17+00:00\",\"dateModified\":\"2025-07-28T08:33:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka\"},\"wordCount\":1942,\"commentCount\":3,\"publisher\":{\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/wp-content\\\/uploads\\\/sites\\\/6\\\/2021\\\/03\\\/How-to-issue-or-transfer-shares-in-a-Private-Limited-Company.jpg\",\"keywords\":[\"Secretarial Service\"],\"articleSection\":[\"English\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#respond\"]}]},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka\",\"url\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka\",\"name\":\"Form 6 - How to issue or transfer shares in a Private Limited Company | Step-by-Step Guide - Sri Lanka\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/wp-content\\\/uploads\\\/sites\\\/6\\\/2021\\\/03\\\/How-to-issue-or-transfer-shares-in-a-Private-Limited-Company.jpg\",\"datePublished\":\"2025-07-24T10:23:17+00:00\",\"dateModified\":\"2025-07-28T08:33:30+00:00\",\"description\":\"Learn how to issue or transfer shares in a Sri Lankan Private Limited Company using Form 6 or a Share Transfer Form.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#faq-question-1615652170265\"},{\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#faq-question-1615652327729\"},{\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#faq-question-1615652352951\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#primaryimage\",\"url\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/wp-content\\\/uploads\\\/sites\\\/6\\\/2021\\\/03\\\/How-to-issue-or-transfer-shares-in-a-Private-Limited-Company.jpg\",\"contentUrl\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/wp-content\\\/uploads\\\/sites\\\/6\\\/2021\\\/03\\\/How-to-issue-or-transfer-shares-in-a-Private-Limited-Company.jpg\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Form 6 &#8211; How to issue or transfer shares in a Private Limited Company | Step-by-Step Guide\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/#website\",\"url\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/\",\"name\":\"simplebooks.com\",\"description\":\"Trusted by 4,500+ Sri Lankan businesses\",\"publisher\":{\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/#organization\",\"name\":\"Simplebooks\",\"url\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/wp-content\\\/uploads\\\/sites\\\/6\\\/2026\\\/04\\\/cropped-simplebooks-new-favicon-1.jpg\",\"contentUrl\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/wp-content\\\/uploads\\\/sites\\\/6\\\/2026\\\/04\\\/cropped-simplebooks-new-favicon-1.jpg\",\"width\":512,\"height\":512,\"caption\":\"Simplebooks\"},\"image\":{\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/teamsimplebooks\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/#\\\/schema\\\/person\\\/c5910898e76dd74aacc1c16b1d15347a\",\"name\":\"Aabith Sabeer\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f6d02faded842c9ae7db06b3db38b9cb05e62d86694b0971b474ba69d3e14f29?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f6d02faded842c9ae7db06b3db38b9cb05e62d86694b0971b474ba69d3e14f29?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f6d02faded842c9ae7db06b3db38b9cb05e62d86694b0971b474ba69d3e14f29?s=96&d=mm&r=g\",\"caption\":\"Aabith Sabeer\"},\"description\":\"Co-Founder of Simplebooks, combines his passion for helping Sri Lankan businesses with over 10 years of professional experience. As a Chartered Accountant, Certified Tax Advisor, and Registered Company Secretary with a Bachelor's in Business (Finance), he offers expert insights on company registration, tax, accounting, and auditing to empower entrepreneurs and SMEs\",\"sameAs\":[\"https:\\\/\\\/simplebooks.com\\\/\"]},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#faq-question-1615652170265\",\"position\":1,\"url\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#faq-question-1615652170265\",\"name\":\"Why do companies issue shares?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There are many reasons as to why a company might issue shares:<br \\\/><br \\\/>1. To raise further capital<br \\\/>2. To extend its shareholder portfolio\u00a0<br \\\/>3. Fund further expansion and growth<br \\\/>4. Build wealth\u00a0\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#faq-question-1615652327729\",\"position\":2,\"url\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#faq-question-1615652327729\",\"name\":\"What are the types of issues of shares?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"1. Ordinary Shares\u00a0<br\\\/>2. Preference Shares\u00a0<br\\\/>3. Redeemable Preference Shares<br\\\/>4. Irredeemable Preference Shares (Subject to conditions set out in the Articles and the Companies Act)\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#faq-question-1615652352951\",\"position\":3,\"url\":\"https:\\\/\\\/simplebooks.com\\\/srilanka\\\/form-6-sri-lanka#faq-question-1615652352951\",\"name\":\"What is the procedure for the transfer of shares?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Step 01: Decide on the number of shares you\u2019re going to issue<br\\\/>Step 02: Hold a meeting with the board of directors<br\\\/>Step 03: Pass a board resolution confirming the share issue<br\\\/>Step 04: Submit the relevant documents (Form 6 + board resolution)<br\\\/><br\\\/><br\\\/>Note on Beneficial Ownership:<br\\\/><br\\\/>If shares are held on behalf of a third party (Eg, in trust or by a nominee), the company should maintain internal records of the beneficial owner and may be required to disclose such information upon request by the ROC or a regulatory authority.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Form 6 - How to issue or transfer shares in a Private Limited Company | Step-by-Step Guide - Sri Lanka","description":"Learn how to issue or transfer shares in a Sri Lankan Private Limited Company using Form 6 or a Share Transfer Form.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka","og_locale":"en_US","og_type":"article","og_title":"Form 6 - How to issue or transfer shares in a Private Limited Company | Step-by-Step Guide - Sri Lanka","og_description":"Learn how to issue or transfer shares in a Sri Lankan Private Limited Company using Form 6 or a Share Transfer Form.","og_url":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka","og_site_name":"Sri Lanka","article_publisher":"https:\/\/www.facebook.com\/teamsimplebooks\/","article_published_time":"2025-07-24T10:23:17+00:00","article_modified_time":"2025-07-28T08:33:30+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/simplebooks.com\/srilanka\/wp-content\/uploads\/sites\/6\/2021\/03\/How-to-issue-or-transfer-shares-in-a-Private-Limited-Company.jpg","type":"image\/jpeg"}],"author":"Aabith Sabeer","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Aabith Sabeer","Est. reading time":"9 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#article","isPartOf":{"@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka"},"author":{"name":"Aabith Sabeer","@id":"https:\/\/simplebooks.com\/srilanka\/#\/schema\/person\/c5910898e76dd74aacc1c16b1d15347a"},"headline":"Form 6 &#8211; How to issue or transfer shares in a Private Limited Company | Step-by-Step Guide","datePublished":"2025-07-24T10:23:17+00:00","dateModified":"2025-07-28T08:33:30+00:00","mainEntityOfPage":{"@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka"},"wordCount":1942,"commentCount":3,"publisher":{"@id":"https:\/\/simplebooks.com\/srilanka\/#organization"},"image":{"@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#primaryimage"},"thumbnailUrl":"https:\/\/simplebooks.com\/srilanka\/wp-content\/uploads\/sites\/6\/2021\/03\/How-to-issue-or-transfer-shares-in-a-Private-Limited-Company.jpg","keywords":["Secretarial Service"],"articleSection":["English"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#respond"]}]},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka","url":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka","name":"Form 6 - How to issue or transfer shares in a Private Limited Company | Step-by-Step Guide - Sri Lanka","isPartOf":{"@id":"https:\/\/simplebooks.com\/srilanka\/#website"},"primaryImageOfPage":{"@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#primaryimage"},"image":{"@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#primaryimage"},"thumbnailUrl":"https:\/\/simplebooks.com\/srilanka\/wp-content\/uploads\/sites\/6\/2021\/03\/How-to-issue-or-transfer-shares-in-a-Private-Limited-Company.jpg","datePublished":"2025-07-24T10:23:17+00:00","dateModified":"2025-07-28T08:33:30+00:00","description":"Learn how to issue or transfer shares in a Sri Lankan Private Limited Company using Form 6 or a Share Transfer Form.","breadcrumb":{"@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#breadcrumb"},"mainEntity":[{"@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#faq-question-1615652170265"},{"@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#faq-question-1615652327729"},{"@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#faq-question-1615652352951"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#primaryimage","url":"https:\/\/simplebooks.com\/srilanka\/wp-content\/uploads\/sites\/6\/2021\/03\/How-to-issue-or-transfer-shares-in-a-Private-Limited-Company.jpg","contentUrl":"https:\/\/simplebooks.com\/srilanka\/wp-content\/uploads\/sites\/6\/2021\/03\/How-to-issue-or-transfer-shares-in-a-Private-Limited-Company.jpg","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/simplebooks.com\/srilanka\/"},{"@type":"ListItem","position":2,"name":"Form 6 &#8211; How to issue or transfer shares in a Private Limited Company | Step-by-Step Guide"}]},{"@type":"WebSite","@id":"https:\/\/simplebooks.com\/srilanka\/#website","url":"https:\/\/simplebooks.com\/srilanka\/","name":"simplebooks.com","description":"Trusted by 4,500+ Sri Lankan businesses","publisher":{"@id":"https:\/\/simplebooks.com\/srilanka\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/simplebooks.com\/srilanka\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/simplebooks.com\/srilanka\/#organization","name":"Simplebooks","url":"https:\/\/simplebooks.com\/srilanka\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/simplebooks.com\/srilanka\/#\/schema\/logo\/image\/","url":"https:\/\/simplebooks.com\/srilanka\/wp-content\/uploads\/sites\/6\/2026\/04\/cropped-simplebooks-new-favicon-1.jpg","contentUrl":"https:\/\/simplebooks.com\/srilanka\/wp-content\/uploads\/sites\/6\/2026\/04\/cropped-simplebooks-new-favicon-1.jpg","width":512,"height":512,"caption":"Simplebooks"},"image":{"@id":"https:\/\/simplebooks.com\/srilanka\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/teamsimplebooks\/"]},{"@type":"Person","@id":"https:\/\/simplebooks.com\/srilanka\/#\/schema\/person\/c5910898e76dd74aacc1c16b1d15347a","name":"Aabith Sabeer","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/f6d02faded842c9ae7db06b3db38b9cb05e62d86694b0971b474ba69d3e14f29?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f6d02faded842c9ae7db06b3db38b9cb05e62d86694b0971b474ba69d3e14f29?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f6d02faded842c9ae7db06b3db38b9cb05e62d86694b0971b474ba69d3e14f29?s=96&d=mm&r=g","caption":"Aabith Sabeer"},"description":"Co-Founder of Simplebooks, combines his passion for helping Sri Lankan businesses with over 10 years of professional experience. As a Chartered Accountant, Certified Tax Advisor, and Registered Company Secretary with a Bachelor's in Business (Finance), he offers expert insights on company registration, tax, accounting, and auditing to empower entrepreneurs and SMEs","sameAs":["https:\/\/simplebooks.com\/"]},{"@type":"Question","@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#faq-question-1615652170265","position":1,"url":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#faq-question-1615652170265","name":"Why do companies issue shares?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"There are many reasons as to why a company might issue shares:<br \/><br \/>1. To raise further capital<br \/>2. To extend its shareholder portfolio\u00a0<br \/>3. Fund further expansion and growth<br \/>4. Build wealth\u00a0","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#faq-question-1615652327729","position":2,"url":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#faq-question-1615652327729","name":"What are the types of issues of shares?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"1. Ordinary Shares\u00a0<br\/>2. Preference Shares\u00a0<br\/>3. Redeemable Preference Shares<br\/>4. Irredeemable Preference Shares (Subject to conditions set out in the Articles and the Companies Act)","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#faq-question-1615652352951","position":3,"url":"https:\/\/simplebooks.com\/srilanka\/form-6-sri-lanka#faq-question-1615652352951","name":"What is the procedure for the transfer of shares?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Step 01: Decide on the number of shares you\u2019re going to issue<br\/>Step 02: Hold a meeting with the board of directors<br\/>Step 03: Pass a board resolution confirming the share issue<br\/>Step 04: Submit the relevant documents (Form 6 + board resolution)<br\/><br\/><br\/>Note on Beneficial Ownership:<br\/><br\/>If shares are held on behalf of a third party (Eg, in trust or by a nominee), the company should maintain internal records of the beneficial owner and may be required to disclose such information upon request by the ROC or a regulatory authority.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/simplebooks.com\/srilanka\/wp-json\/wp\/v2\/posts\/10380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/simplebooks.com\/srilanka\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/simplebooks.com\/srilanka\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/simplebooks.com\/srilanka\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/simplebooks.com\/srilanka\/wp-json\/wp\/v2\/comments?post=10380"}],"version-history":[{"count":0,"href":"https:\/\/simplebooks.com\/srilanka\/wp-json\/wp\/v2\/posts\/10380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/simplebooks.com\/srilanka\/wp-json\/wp\/v2\/media\/25300"}],"wp:attachment":[{"href":"https:\/\/simplebooks.com\/srilanka\/wp-json\/wp\/v2\/media?parent=10380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/simplebooks.com\/srilanka\/wp-json\/wp\/v2\/categories?post=10380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/simplebooks.com\/srilanka\/wp-json\/wp\/v2\/tags?post=10380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}