Transfer of Shares (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

1. Customers can log in to Dubai Trade Portal
2. Navigate to “Registration” and select “Offshore Registration Amendment – Approval.”
3. Select ‘Share Transfer’ to submit the required documentation to Transfer Shares.

Documents Required

• Agent’s Request Letter
• Shareholder(s) Resolution stating the Transfer of Share(s) stamped by the Agent
• Original Memorandum and Articles of Association (MOA & AOA)
• Amended MOA signed by the shareholders.
• New Shareholder(s) Legal Documents

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
• Incumbency Certificate mentioned the last beneficiary shareholder
• 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.