ISSUE OF SHARE CERTIFICATE TO THE SUBSCRIBER OF MOA & AOA

A share certificate is a certificate given to the shareholder of the company in the form SH-1. Firstly, Stamp duty on share certificate has to be paid at the time of incorporation, and afterward on every subsequent shares allotment

As per Section 3 of Indian Stamps Act 1899, Every Share Certificate must bear the necessary stamp duty as per the Stamp Act of the respective State/ Union Territory from which Certificate is issued. ... In such cases, putting adhesive stamp on each share certificate is not necessary.

Every company is obligated to pay stamp duty on the value of shares through online mode within 30 days from the date of issue of share certificates. Stamp duty needs to be paid where the registered office of the company is located. Stamp duty paid on the share certificates is Rs. 1/- for every Rs.