Transfer from Company to Company

Transfer securities from a company account to another company (with the same partners).

Up to 2^nd degree kinship
0.002 (two per thousand) from the shares market value, minimum AED 25. (No. of shares*market value*rate) + (5%) VAT

Common partners
0.004 (five per thousand) from the shares market value, minimum AED 50 (No. of shares*market value*rate) + (5%) VAT

1. Submit the form through a licensed DFM trading member
2. Investor Affairs Department will issue a voucher with the fees required to be paid by the investor

• Investor KYC and FATCA/CRS information for both the Transferor & Transferee must be updated to apply and view the service.
• Ensure that the Investor Number in DFM for both the Transferor & Transferee are updated
• Ensure that the payment method is updated for both the Transferor & Transferee
• Ensure that the transferred shares are available in the CSD account of the Transferor
• Investors signature must be certified by one of the following:
• Licensed Trading Member at Dubai Financial Market
• An accredited Bank in UAE licensed by UAE Central Bank
• Notary Public and UAE embassy in foreign countries or by the UAE Ministry of Foreign Affairs

• Completed Transfer of Securities Form duly signed
• Valid copy of the Trade License and Commercial Register
• True copy of the Memorandum of Association
  
• For partners:
• UAE Nationals and Residents: valid Copy of Emirates National ID
• Non-residents: Valid Copy of Passport
• Any document issued from other countries must be authenticated by the official authorities and the UAE Embassy in those countries or by the UAE Ministry of Foreign Affairs

In addition to specific documentations depending on:

In case of an authorized signatory :

• True copy of a duly authenticated Authorized signatory letter issued by the company
• UAE Nationals and Residents: A valid copy of the UAE National ID
• Non-residents: or a valid copy of passport

In case of representative:

• Valid copy of a duly authenticated Power of Attorney issued from the court or Notary Public that contains a clear clause relating to ‘waiver' in shares for itself or transfer of ownership pf shares to itself and to others.
• UAE Nationals and residents: valid copy of the UAE National ID
• Non-residents: valid copy of the passport
• A Power of Attorney issued from other countries must be authenticated by the official authorities and the UAE Embassy in those countries or by UAE Ministry of Foreign Affairs

• Through DFM app or eServices 
• Licensed Trading Member at Dubai Financial Market