Reducing Capital of Commercial Company

Reducing value of commercial company capital according to the decision of General Assembly, either by reducing the value of company shares A or by canceling part of it  according to approved legal procedures 

Customer 

- Certified Memorandum of Association Appendix by Commercial Legal Affairs Department
 -Imprint of investors or their legal representatives at service center
 

-Capital Reduction: AED 550 
-Certifying contract or appendix with value less than AED 50,000. Required fees: AED 200 for the signature of each party of contract or appendix. 
-Certifying contract or appendix with value less than AED 50,000 or not more than AED 100,000. Required fees: AED 300 for the signature of each party of contract or appendix.
-Certifying contract or appendix with value exceeding AED 100,000. Required fees: 0.5% of contract or appendix value, up to a maximum of AED 15,000. 
- Certifying unlimited value contract or appendix. Required fees: AED 200 for the signature of each party of contract or appendix.
 

  • SEDD Branches Monday to Thursday, from 7:30 AM to 3:30 PM

  • Service Centers (Tasheel) Daily, from 8:00 AM to 8:00 PM

Individuals – Institutions – Companies
15 days
80080000