Increase/Decrease in Share Capital (Offshore Company)

Each Company, with share capital, has authorised and issued shares which can determine ownership, transfer ownership from one party to another and be amended based on changes to the Company circumstances.

Process Steps

Customers can log in to Dubai Trade Portal
Navigate to “Registration” and select “Offshore Registration Amendment – Approval.”
Select ‘Increase/Decrease Share Capital’ to submit the required documentation to increase or decrease the Company’s Share Capital.

Documents Required

• Agent’s Request Letter
• Shareholder(s) Resolution stating the Increase / Decrease in Share Capital stamped by the Agent
  • Increased Share Capital
  • Decreased Share Capital
• Original Memorandum and Articles of Association (MOA & AOA)
• Amended Memorandum of Association (MOA) signed by the shareholders
• Legal documents in case of new Shareholders:

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 (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 Specimen Signature.