WHAT ARE BEARER SHARES?
Bearer share certificates do not indicate the name of the owner. The certificate is endorsed in blank such that the person having physical possession of the document is the owner. Bearer shares facilitate the transfer of assets because transfer of ownership is accomplished simply by the transfer of the certificate.
Bearer Shares are shares with no name being disclosed to them. They are payable to “Bearer”. Such shares provide more privacy than registered shares which do have a name on them and are generally registered in the jurisdiction of incorportaion. Bearer shares are also advantageous in that such shares are easily passed to others without formalities.
Bearer share certificates do not have the name of the owner written on them. The certificate simply specifies that the person having physical possession of the document is the owner. Transfer of bearer shares is simple, because the transfer of the certificate accomplishes transfer of ownership. Bearer shares are not available in the Seychelles.
Bearer share certificates do not indicate the name of the owner. The certificate simply specifies that the person having physical possession of the document is the owner. Bearer shares facilitate the transfer of assets simply because the transfer of the certificate accomplishes transfer of ownership.
Bearer share certificates do not indicate the name of the owner. The certificate is endorsed in blank such that the person having physical possession of the document is the owner. Bearer shares facilitate the transfer of assets because transfer of ownership is accomplished simply by the transfer of the certificate. As a rule, we do not advise the use of bearer shares because of its negative connotation in the eyes of judges and lawmakers.
