A description is given of a highly flexible shaft coupling in which the coupling halves are connected to one another via at least two annular arrangements of rubber-elastic coupling bodies arranged axially in series. One of the annular arrangements consists of coupling bodies with a V-shaped cross-section and an annular arrangement adjacent to the first-mentioned arrangement consists of coupling bodies which comprise rubber-elastic elements which are vulcanised at their inner and outer circumference to cylindrical rings. This configuration provides the advantage that the axial displacements which occur when the V-shaped coupling bodies are deformed can be absorbed by the adjacent, differently designed coupling bodies. An adequate angle of twist is nevertheless achieved by the addition of the angles of twist of the two types of element. By appropriate structural design, good ventilation of the coupling parts is also ensured.