Overview

Service Name

Share Transfer to an Existing Member

Share Transfer to an Existing Member

DescriptionThis enables the company to transfer its current shares within existing member(s) (Individual or Corporate) according toPrivate Company Regulations (PCR).

Details

RequesterGeneral 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 Deliver5 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
NotesResolution is required to be Notarized by Notary Public & Attested by UAE Embassy for corporate member(s).
  • Online
  • Customer Service
Online
Apply
Apply
  • Login toaxs portal
  • Create new service request.
  • Select Service Name: Share Transfer
  • 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.