Details
Transfer Judicial Order from Court
Fees
0.002 (two per thousand) from the shares market value, minimum AED 25. (No. of shares*market value*rate) + (5%) VAT
Procedures
To submit your request via DFM eServices:
- DFM eServices:
- Register to DFM app or eServices.
- Login with your username and password
- Select the eFORMS tab
- Select the form and complete it
- Attach the required documents and click on ‘Submit’
- Enter the Payment Details and click on ‘Confirm’
- You will be notified by email once the status of the request is updated
- Ensure that the Investor Number in DFM for the Transferee(s) is updated
- Investor KYC and FATCA/CRS information for the Transferee must be updated to apply and view the service.
- Ensure that the payment method is updated for the Transferee(s)
- Ensure that the transferred shares are available in the CSD account of the Transferor
- Or through Licensed Trading Member at Dubai Financial Market
Required Documents
Completed Transfer of Securities Form duly signed
- True copy of the duly authenticated Judicial Order Letter to transfer the securities
- An original court order should be sent from the court to Dubai Financial market
- Any document issued from other countries must be authenticated by the official authorities and the UAE Embassy in those countries
- Attach the identification documents of the transferee and the transferee:
- UAE Nationals and Residents: A valid copy of the UAE National ID
- Non-residents: or a valid copy of passport