Conversion Offshore to Free Zone

The Customer may change the legal type of the Offshore Company into a Free Zone Establishment or Free Zone Company.

Process Steps

1. The Agent must make an appointment with the Jafza Lease & License team to submit a request for conversion from offshore to FZE or FZCO.
2. The Lease & License team will evaluate the application and notify the Agent of additional documentation and charges applicable to proceed with the conversion.
3. Once all requirements are met, the Lease & License team will issue the amended registration and licensing documents to the Customer.

Documents Required

• Agent’s Request Letter.
• Resolution from the Company’s Shareholder clearly stating the conversion stamped by the Agent
  • Board Resolution FZE – Non-Individual
  • Board Resolution FZCO
• FZE/FZCO Registration Application.
• Memorandum and Articles of Association of the FZE or FZCO (minimum 2 copies)
  • Standard Memorandum and Articles of Association for FZCO
  • Standard Memorandum and Articles of Association for FZE
• Bank Letter confirming the deposit of Paid-Up Capital (in case of share capital deposited)
• The manager visa should be under Jafza, & we need his Specimen Signature (Which will be provided by the Lease and License Department over the counter)
• Authorisation Card to be submitted (FORMAT available on Jafza website). (notarised and attested). The Registrar reserves the right to call for any extra documents if necessary
• Know Your Customer-Ultimate Beneficiary Owner Form (KYC-UBO form with passport copy of the beneficiary shareholder
• Board Member (Director, Manager and Secretary) Requirements:
  • Passport (PP) Copy
  • Personal identity card such as a UAE National ID
  • Proof of Address such as a utility bill or bank statement

Shareholder Requirements:

Note

The Registrar reserves the right to call for any extra documents if necessary.

Fees