Change H share to personal name

I keep my H share in the bank. because of the 10% dividend income tax, I organize change the stock holder to the personal name. Before the change, the stock is hold by HKSCC Nominees Limited. However, the procedure a little bit complicated and it takes more than 3 weeks. The stpes is as below :

- apply to collect the paper stock from the Bank(takes about 1 week)

- collect the paper stock from the bank. Please make sure the bank chop the stamp on the standard form of transfer as one of the witness. 2 witness is required. Hong Kong security clearing company should already chop on the transfer form. It is very important. The computershare will refuse the transfer if there is no two witness. Alternatively, you can ask your firend as 1 of the witness. However, a lot of people didn't know and they go to computershare and it is in a difficult position to find the witness. You can go back to the bank and request the Bank to stamp.

- go to the Inland revenue department to do the tax assessment for tax free application.(transfer to personal name). It is in the 3/F of the Wanchai Inland Revenue building

- go to Hopwwell centre 17/F computershare to apply for the transfer. It will take 12 days before you can collect the paper stock.

- when it is ready, you need to go to computershare office in Hopewell centre again to collect it