Conversion from Branch to FZE or FZCO

A company of any legal type registered as a Branch in Jafza may convert to FZE or FZCO.

Process Steps

1. The Customer must make an appointment with the Jafza Lease & License team to submit a request for conversion
2. The Lease & License team will evaluate the application and notify the Customer 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
4. Courier Service Request (SR) to be submitted for document collection

Documents Required

• Resolution for conversion from the Mother Company clearly stating the fact of conversion (Notarised and Attested)
  • Board Resolution FZE – Non-Individual
  • Board Resolution FZCO
  • Board Resolution Branch Formation
• Resolution from New Shareholders
• Ultimate Beneficial Owner Form
• Proof of address or bank letter
• FZE/FZCO Registration Application
• Passport copy of Board member (Directors / Manager/ Secretary)
• Bank Letter confirming the deposit of Paid-Up Capital (in case of share capital deposited)
• Memorandum and Article of Association signed by the shareholders

Requirements for the New Shareholder(s):

A. Individual Applicant:

• Founder’s Details (CV)
• Applicant’s Specimen Signature
• Passport (PP) Copy

B. Non-Individual Applicant:

• Certificate of Registration/Formation notarised and attested by the UAE Embassy
• Certificate of Good Standing notarised and attested by the UAE Embassy
• Memorandum and Articles of Association must be notarised and attested by the UAE Embassy
• Board Resolution calling for an investment in the existing Company must be notarised and attested by the UAE Embassy
• Power of Attorney (POA) notarised and attested by the UAE Embassy
• Passport copy of Power of Attorney (POA) holder and his Specimen Signature

Notes

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

Fees