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Department Service

Commercial License Services

Share Capital Increase

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Description

This service allows th​e company to increase its issued share capital by allotting additional shares​. New shares can be allotted to existing shareholder or new shareholder. The applicant – which is in this case one of the existing shareholders of the company – specifies the shareholders who will increase their shares.

Prerequisites
  • ​Commercial License must be valid

  • The company must be of type FZ LLC

Fees (AED)

AED 3500 per increasing 

For more details click here

Time Frame
2-5 working days
Policies And Procedures
  1. ​​​App​ly online. 

  2. Select Co​mmercial Servi​​ces

  3. Apply for Sharecapital Increase

  4. Add the desired shareholder(s) "Maximum 30 shareholders" who will be involved in the share capital increase request

  5. DHCR Team reviews the application

  6. Notarize the generated ​documents then stamp them

  7. Make Payment (Payment can be made over available channels: counter, online, cheque or via wire transfer)

  8. Please find below the Wire Transfer details:

    Nam​e of the bank:  Dubai I​slamic Bank

    Address: Main branch, Al Shola Building, Al Ettihad Road, P.O. Box 1080, Dubai, UAE

    Account name: ​ DUBAI HEALTHCARE CITY AUTHORITY

    Account number:  001520061672102

    International Bank Account Number (IBAN): AE900240001520061672102​

    SWIFT: DUIBAEAD

    Currency: AED

  9. Commercial license ​will be amended​​​​

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