SCENARIO: New investor wants to join
an existing LLC
License and partners agreed to increase
capital in Memorandum of Association Agreement. No need bank
certificate for increased capital.
STEPS TO FOLLOW
Initial approval from Economic Department (DED) or
Tas'heel Centre at Al Tawar Centre
Tas'heel Centre at Muraqabat. Type (BR1) form,
get signature of the existing and new partners and submit at DED. Form can be
filled from Typing Centre. Attachments: Existing LLC Agreement (MoA),
Copy of Trade License, Partners List, Commercial Register, Passport copies of partners,
NOC from sponsor for new partner who holds
Visa. Visit/Tourist Visa holder can attach his/her visa
copy. No need NOC for
Partner/Investor visa holders.
DED officer will write No Objection for adding/removing partner at
the bottom of the BR1 Form.
Addendum to LLC Agreement (Share Sale & Capital Increment Agreement) from a legal translator and get attested from
Notary Public at Al Tawar Centre or Al Barsha
or DED at Business Village near Clock Tower. Legal translator's seal is
not required if the the agreement is only in Arabic. CAPITAL:
You can write
the capital amount in LLC Agreement as much as you want. No need
to show Capital deposit certificate from the bank. Notary will charge
a small percentage at the time of attestation according to the
Capital amount and number of partners. 51% should be
allocated to National Partner and remaining 49% can be
divided among expatriate partners. If the expatriate partners are
three, you can put capital Dh500,000 and divide 49%
as you like. You can increase capital according to the number of
partners. A partner's share value should
be Dh70,000 or more to apply for
Partner/Investor Visa and dependents visa or he/she will have to deposit
Dh10,000 at the Immigration. Deposit amount is refundable
after visa cancellation.
Attestation fee at the court (Notary Public)
Partners or Attorney have to attend at Notary to sign the Court
If any existing partner wants to withdraw from the company and
he/she is outside, he/she can send Power of
Attorney authorizing other Partner to represent him/her at the
Court. This Power of Attorney should be attested by UAE Embassy in
home country and Ministry of Foreign Affairs in UAE. It should be
translated into Arabic (legal) if it is made in other language.
Submit the attested Addendum (one original copy), BR1 form,
Passport copies of partners and NOC for
partner (if any), at any branch
of DED. Payment voucher will be issued same time or you can take
DED website. Make payment at the counter and get the license. You can also pay using
Credit Card/Direct Debit through DED website after issued the payment voucher.
You will get new License with new partner's name.
If this is the time for License Renewal, you should attach EJARI Registration Certificate. Renewal fees will
show in the Payment Voucher.
Approximate fees for Adding Partner & Capital Increment in LLC License at DED
Break-up cost of
Adding Partner &
in LLC License at DED
Capital Change Fees
Government Cultural Fees
Administrative Services Fees
Chamber Modification Fees
Ministry of Economy & Commerce Fees
Total Fees (approximately)
Submission facility is available at DED Head Office,
Business Village, Near Clock Tower, Deira. Appointment: You have to take online appointment to submit initial approval
application at Economic Department (DED).
How to make online appointment?: Create a
new user account through MYID Website.
You should have Emirates ID and Card Reader to complete the
registration. After submitting required information, you will get
a username and password. If you have difficulty in creating User
Account, you can go to
Tas'heel Centre (for DED Services) at Al Tawar Centre,
Qusais. Fees: Dh50. Self service counters are available at DED
Business Village Branch, near Clock Tower, Deira, and Emirates ID
centers at Karama, Barsha & Rashidiya. • After creating the account, enter
DED site and make appointment. Submit the
documents at the selected DED branch.
want to change
Signatory in Dubai Chamber,
can do it after the new License issued. Dubai Chamber branch
is there at the same DED building. Collect Registration Form
from there, Fill the information, Put authorized signature
and company stamp and submit at Dubai Chamber counter.
Payment already made at DED along with the License Amendment
fees. Documents required:
Filled form, Copy of Trade License, Partners List,
Commercial Register (3 pages of trade license), LLC
Agreement, Passport copy of Authorized Signatory and DED
Payment Receipt of Trade License.
Chamber Certificate is required for Export & Import purpose,
for Registration with various Government Departments and to
expand business to other Emirates and abroad.
FEES IN AED
Immigration Establishment Card
If you want to change Authorized
Immigration Establishment Card, you can do it after
the new License issued.
Application can be prepared from Typing Centre. Put
Company Seal and Signature of
Card will be issued within five minutes. Attachments: Typed Application, New Trade License
Copy, Partners List, LLC Agreement and new Addendum,
Passport copies of authorized signatories.
this is the time for Immigration Card Renewal, you
should attach office Location Map in Arabic and EJARI Registration Certificate.
Labour Establishment Card
If you want to change
Labour Establishment Card
you can do it after preparing special labour power
attorney and get it attested from
Notary. Power Attorney can be
typed from Typing Centre and Labour Establishment
amendment form should be
Tas'heel Centre. Submission at
Labour Office. Amended
Card will be issued within five minutes.
Government Fees. Pay Typing Charge only at Tas'heel
DED (Economic Department) Branches Head Office: Business Village
Near Clock Tower
Tel: 04-4455006 (VIP Section)
Al Tawar Centre, First Floor, Qusais,
Deira, Dubai Tel: 04-601 3333
Dubai Mall Deira, Dubai
Tel: 04-382 7709
Al Barsha Mall Branch Bur
Dubai, Al Barsha 2, Street 23rd.
Tel: 04-202 0429
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