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Transfer of Shares
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 “Registration Amendment – Approval.”
- Select ‘Share Transfer’ to submit the required documentation to Transfer Shares.
Documents Required
- Resolution regarding Transfer of Shares – 10R(Buyer) (Available in Jafza.ae – Customers- Forms & E-services – Commercial) written on FZE’s/FZCO’s Letterhead.
- Resolution regarding Transfer of Shares – 10R(Seller) (Available in Jafza.ae – Customers- Forms & E-services – Commercial) written on FZE’s/FZCO’s Letterhead.
- Form for corporate action of transfer of shares
- Original Share Certificate(s) (in case of share capital deposited).
- Amended Memorandum of Association (MOA) 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
- Ultimate Beneficial Owner (UBO) Form
- Incumbency Certificate
Fees
| AED 2,000 – FZCO per share and a maximum of AED 50,000 |
| AED 20,000 – FZE per share and a maximum of AED 50,000 |
| AED 200 – for each new Share Certificate (in case share capital is deposited) |
| AED 50 – specimen signature attested by Jafza |
| AED 200 – for each MOA amendment |
Notes
The Registrar reserves the right to call for any extra documents if necessary.
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