Conversion from FZE to FZCO or FZCO to FZE

A company of any legal type registered in Jafza as FZE or FZCO may convert from/to either registration type.

Process Steps

• The Customer must make an appointment with the Jafza Lease & License team to submit a request for conversion.
• The Lease & License team will evaluate the application and notify the Customer of additional documentation and charges applicable to proceed with the conversion.
• Once all requirements are met, the Lease & License team will issue the amended registration and licensing documents to the Customer.
• Courier Service Request (SR) to be submitted for document collection

Documents Required

• Owner’s Declaration/Board Resolution and De-registration of Existing Company
• Resolution from new Share Holders
• Ultimate Beneficial Owner Form
• Proof of address or bank letter
• Original Certificate of Formation
• Original Share Certificate(s) (in case of share capital deposited)
• Passport copy of Board member (Directors / Manager/ Secretary)
• Bank Letter or Audited Financial Statement confirming the existing Paid Up Capital (in case of share capital deposited)
• Memorandum and Articles 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 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

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

Fees