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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
  • FZE/FZCO Registration Application.
  • Memorandum and Articles of Association of the FZE or FZCO (minimum 2 copies)
  • 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:

  • Founder Details (CV)
  • Passport (PP) Copy
  • Personal identity includes a UAE National ID and passport (Unified Number for UAE Nationality only)
  • Proof of Address such as a utility bill or bank statement. The details in the application or copies of the Documents
  • Applicant’s Specimen Signature (Will be provided by the Lease & License Department over the counter)

  • Certificate of Registration/Formation*
  • Certificate of Good Standing*
  • Memorandum and Articles of Association*
  • A resolution calling to Invest in Onshore FZCO/FZE Company in Jafza*
  • Power of Attorney (POA)*
  • Passport copy o Power of Attorney (POA) holder
  • Incumbency Certificate (including Shareholder/Board names and their passport Copy)*
  • Applicant’s Specimen Signature of Power of Attorney (POA) holder (Will be provided by the Lease and License Department over the counter).
  • *Notarised from the company registrar and Attested by the UAE Embassy and Ministry of Foreign Affairs of the UAE.

Note

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

Fees

Conversion feesAED 3,000
FZE registrationsAED 5,000
FZCO registrationsAED 5,000
Advertisement (+5% VAT)AED 1,500
Specimen signatures (each)AED 50
Per Share Certificate (in case share capital is deposited)AED 200
License fees as per Activity type
Facility fees as per Customer section.

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Agree, and proceed Agreed
Agree, and proceed Agreed