Overview

Service Name

Increase/ Decrease of Share Capital

Increase/ Decrease of Share Capital

Description This enables the company to increase or decrease its current share capital according to Private Company Regulations (PCR).

Details

Requester General Manager or Appointed Legal Representative
Service Deliverables
  • Amended Article of Association
  • Register of members
Service Request Channels
  • Online
  • Customer Service Center at Dubai Studio City - Commercial Building 1 - Ground Floor
  • Dubai Knowledge Park - Block 8 - Ground Floor
Service Hours
  • Online: 24/7
  • Customer Service Centre:

     Monday to Thursday from 7:30 am to 2:30 pm.

     Friday from 7:30 am to 12 pm.
Estimated Time to Deliver 3 Working Days
Service Fees
  • AED 3000 per transaction
  • AED 500 (Article of Association Amendment)

An additional fee of AED 10 as “Knowledge Dirham” and AED 10 as “Innovation Dirham” is applicable per transaction
Required Documents For Increase of share capital: For Decrease of share capital:
Notes
  • Resolution is required to be Notarized by Notary Public & Attested by UAE Embassy for corporate member(s).
  • All constitutional documents more than one page must be sealed
  • Online
  • Customer Service
Online
Apply
Apply
  • Login to axs portal
  • Create new service request.
  • Select Service Name: Increase/ Decrease of Share Capital
  • Complete the application.
  • Upload the required documents.
Pay
Pay Fees
  • Pay the applicable fees.
  • Acknowledgement of receiving application will be sent.
Feedback
Receive Feedback
  • Receive feedback within the estimated time.
Customer Service
Apply
Apply
  • Approach DDA’s customer service center (location)
  • Submit the required documents.
Pay
Pay Fees
  • Pay the applicable fees.
  • Acknowledgement of receiving application will be sent.
Feedback
Receive Feedback
  • Receive feedback within the estimated time.