License

Transfer Of Company Shares

• Description

  This service is to allow shareholder(s) (Individual/Corporate) to sell some or all the shares to new/existing shareholder(s).

  The shareholder who sells the shares called the "Seller". The shareholder who purchases the shares called the "Purchaser".

• Prerequisites
  • The commercial License must be valid
  • The company must be of type FZ LLC
• Required Documents

  For New Shareholders – Corporate Person ( Foreign Company)

  • Shareholder incorporation certificate attested by the issuing authority. (Copy)
  • MOA (Memorandum of Association) and AOA (Articles of Association).(Copy)

  New Shareholders – Corporate Person (UAE company)

  • Valid Trade License issued by Department of Economic Development. (Copy)
  • Commercial Registry issued by Department of Economic Development. (Copy)
  • MOA (Memorandum of Association) and AOA (Articles of Association). (Copy)

  New Shareholders - Natural Persons

  • Passport Copy/ Visa Copy or Emirates Id copy
  • Personal Photo

  The output of this service is an updated version of MOA (Memorandum of Association) and AOA (Articles of Association).

• Fees (AED)

  Share Transfer (including MOA & AOA) - Per Instrument = 3,500

  For more details click here

• Time Frame

  2-5 working days

• Service Channels

  Online

• Policies And Procedures
  • Apply online.
  • Select Commercial Services
  • Apply for Transfer of Company Shares
  • Add the desired shareholder(s) "Maximum 30 shareholders" who will be involved in the transfer of company shares request
  • DHCA - Regulations Team reviews the application
  • Notarize the generated documents then stamp them
  • Make Payment (Payment can be made over available channels: counter, online, cheque or via wire transfer)

  Please find below the Wire Transfer details:

  Name of the bank: Dubai Islamic Bank

  Address: Main branch, Al Shola Building, Al Ettihad Road, P.O. Box 1080, Dubai, UAE

  Account name: DUBAI HEALTHCARE CITY AUTHORITY

  Account number: 001520061672102

  International Bank Account Number (IBAN): AE900240001520061672102

  SWIFT: DUIBAEAD

  Currency: AED

  • Company Registry will be amended