Transfer Sole Proprietorship A/C with Individual A/C or Vice Versa

Transfer securities from a Sole Proprietorship to the owner or Vice Versa

0.002 (two per thousand) from the shares market value, with a minimum of AED 25 (No. of shares* market value * rate) + (5%) VAT

Completed Transfer of Securities Form duly signed

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

• Completed Transfer of Securities Form duly signed
• Valid copy of Trade License
• 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
• UAE National and Residents: Valid copy of Emirates National ID
• Non-Residents: Valid copy of the passport

• Valid copy of a duly authenticated Power of Attorney issued from the court or Notary Public
• UAE National and Residents: Valid copy of Emirates National ID
• Non-Residents: Valid copy of the passport

• Licensed Trading Member at Dubai Financial Market