Selling shares in your business

Some common questions about selling shares:

No, ‘proprietary limited’ companies cannot sell shares to the general public. The transfer of shares in a private company is restricted. You can raise money from existing shareholders or employees of the company, or you can fundraise to the public as long as a disclosure document is not required.

The Australian Securities and Investments Commission can provide further information about the regulations around raising money. Due to the complex nature of the law, seeking legal advice is beneficial to ensure that you meet your legal obligations.

Our experts

Postcode

News

Helping your business survive through death and divorce – family law and estate planning strategies
14 Feb
In a business context, the failure of a marriage or de facto relationship or the death, ...
Read More
What happens to your business when you get divorced?
27 Jan
Whether you are married or in a de facto relationship, divorcing or separating from your ...
Read More
Take Care With Buying A New Business
25 Nov
For many among us, the desire to own and operate a business – to be your own boss – is a...
Read More

Why Stacks


No hidden fees
Nobody likes surprises on their bills, so we take the time to agree with you exactly what our work will cost before we do it (not after!)

Deep expertise
Our lawyers aren’t ‘general practitioners’, they’re experts in their chosen fields of practice (many are Accredited Specialists)

Practical advice not legalese
We provide clear, practical advice, in plain English, so that you can make decisions with confidence


Over 25 local offices
Our local offices are owned and operated by friendly, local professionals, who are proud and active members of the communities they serve

Real client care
Genuine care for clients has been at the core of our practice since the first office was opened by ER Stack on the NSW Mid-North Coast in 1931

Progressive practice
We invest in technology and systems so that our services are always cost effective and clients are in control of their own legal affairs

More about our promises

Get help now

It's easy to get help, just tell us your story and we'll help you understand all your options. If you’d like us to help, we’ll agree exactly the work you'd like us to do up front so that you can be certain about our costs.

Your enquiry is completely confidential.

Fill out this form and one of our experts will contact you
within one business day

By submitting this form you agree to the terms of our Privacy policy

Need help? We’re here to assist