Share Data > Sale & Transfer of Investment Securities > Transferring Zimbabwean Shares

Transferring Zimbabwean Shares

transferring zimbabwean shares

Thinking of transfering Zimbabwean shares?

By experience we know that it is currently impossible to transfer Zimbabwean shares to an executor or beneficiaries. We therefore advise clients to again have all the shares owned through a foreign corporation.

The only course of action at this time is to write off the shares and take a tax deduction; knowing that if the situation changes in due time, such tax deduction will have to be brought back into account at that time.

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