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Property Management

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License

Share Capital Increase

  • This service allows the company to increase its issued share capital by allotting additional shares. New shares can be allotted to existing shareholder or new shareholder. The applicant – which is in this case one of the existing shareholders of the company – specifies the shareholders who will increase their shares.

    • Commercial License must be valid
    • The company must be of type FZ LLC
  • Share Affairs - Increase Share Capital by issuing new Shares to New Individual Shareholder(s):

    • Valid Passport copy of the new Shareholder(s).
    • RIC (Registry Identification Code) form for new shareholder (Notarized).
    • A Shareholder's Resolution from the existing FZ-LLC shareholders confirming the increase of Share Capital by issuing New Shares to new Shareholders (Notarized & Attested up to the level of UAE embassy).
    • A Resolution from the new shareholder confirming the acquisition of the new shares (Notarized & Attested up to the level of UAE embassy).
    • Original Bank letter confirming the deposit of an additional Share Capital.

    Share Affairs - Increase Share Capital by issuing new Shares to New Corporate Shareholder(s):

    • Shareholder's Resolution from the existing FZ-LLC Shareholder (Notarized & Attested up to the level of UAE embassy).
    • Board Resolution - Acquisition of Shares by a Corporate person as Shareholder from the new corporate shareholder (Notarized & Attested up to the level of UAE embassy).
    • An Original Bank letter confirming the deposit of an additional Share Capital.
    • If the New shareholder is a Foreign Company:
      • Certificate of Incorporation.
      • Certificate of Good Standing (Original or Notarized).
      • Memorandum of Association and Articles of Association.
    • If the New shareholder is a UAE Company:
      • Valid Trade License/ Commercial Register.
      • Memorandum and Articles of Association.

    Share Affairs - Increasing the Share Capital by Issuing New Shares to the Existing Shareholders:

    • Shareholders Resolution confirming an increase in the Number of Shares and re-distribution of Shares – Notarized & Attested up to the level of UAE embassy.
    • Original Bank letter confirming the deposit of an additional Share Capital.
  • AED 3500 per increasing

    For more details click here

  • 2-5 working days

  • Online

    • Apply online.
    • Select Commercial Services
    • Apply for Sharecapital Increase
    • Add the desired shareholder(s) "Maximum 30 shareholders" who will be involved in the share capital increase 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

    • Commercial license will be amended
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