Transfer of securities by gift

To execute a non-trade transfer of securities based on gift, the following documents should be submitted to the CSD:

  1.  A gift agreement that will contain all the necessary data to identify the parties to the agreement and the subject of the agreement, with their signatures verified by an authorized notary and certified by an authorized state institution for tax collection confirming that the relevant  tax was paid or that the agreement is exempted from tax payment.
  2. Payment of the appropriate fee according to the CSD Tariff Book.

If the person that is acquiring the securities and submiting the gift agreement does not have a securities account, the documents needed for opening of an ownership account is also submitted.