Reducing Capital of Commercial Company

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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

Customers

  • Legal Affairs e-form

  • 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.

Sharjah Economic Development Department branches

Sharjah Economic Development Department website.

Tasheel's Service centers

Sharjah Economic Smart Application.


• Branches of the Department of Economic Development from 7:30 am to 3:30 pm

• Service Centers (Tas’heel) from 8 am to 8 pm
 

15 days

80080000

If you face any issue Please contact help desk at the number:065122224