Current Business Partners Share Transfer
Free Zone Limited Liability Companies issue “Shares” to its Shareholders after Incorporation of the company. Shareholders after Incorporation of the company are usually referred as "Subscribers" and under the Memorandum and Articles of Association of a FZ-LLC (effectively the constitution of the FZ-LLC) these subscribers agree to take certain number of Shares. Once allocated these shares is known as "issued" Shares. To be a Shareholder of a FZ-LLC it is not mandatory to be a resident of the UAE.
During the operation of the Company in the Zone, a FZ-LLC can change its Share structure under any of the options set below. Please click on the links below to access the checklist of requirements.
- Increase Share Capital by issuing new Shares to new shareholders
- Increase Share Capital by issuing new Shares to existing shareholders
- Transfer of existing Shares to new shareholders
- Transfer of existing Shares to existing Shareholders
- Reduction of share capital (through a share buy-back scheme)
For any of the above an initial approval needs to be obtained from Dubai Technology and Media Free Zone Authority. After submission of the required documents, fees are applicable and must be paid to the Authority.