Transfer from Founder to Founder

Transfer of securities from a founder account to another founder account.

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

UAE Nationals and Residents: Valid copy of Emirates National ID
Non Residents: Valid copy of the passport of the Transferee and Transferor

• 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 the Founder is a Marsoom Holder

• Valid copy of the Marsoom issued from Federal Authority for Identify and Citizenship addressed to Dubai CSD or To Whom It May Concern

In case the Founder is a company

• Valid copy of Trade License, Commercial Registration & Memorandum of Association

In case of representative

• Valid copy of a duly authenticated Power of Attorney issued from the court or Notary Public. The representative must be fully authorized to transfer securities
• Valid copy of the representative’s Emirates National ID
• 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