Document background
A Deed of Gift of Shares is a formal legal instrument used when transferring shares without monetary consideration in Hong Kong. It is commonly employed in family wealth planning, succession arrangements, or corporate restructuring scenarios. The document must meet specific requirements under Hong Kong law, including proper execution as a deed with witnesses, and may require stamp duty consideration depending on the relationship between parties. When drafting a Deed of Gift of Shares, attention must be paid to company constitutional documents, any pre-existing shareholders' agreements, and potential requirements for directors' approval. The deed typically includes detailed information about the shares being transferred, warranties from the donor, and mechanisms for completing the transfer.
