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Service Guide Details

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Service Guide Details

Issuing licenses of joint-stock companies (Public- Private)

Abu Dhabi Business Centre Potential Investor eService

Issuance of a license for a public joint stock company:

A public joint stock company is a company of which the capital is divided into equal shares, and every partner shall be responsible in pro rata with his share in the capital.

  • Visit the Information Center (reception) to obtain the necessary information and the Trade Name registration form, or call, or check our electronic services: https://adbc.abudhabi.ae/CitizenAccess
  • Filling a duly signed Trade name registration form with no less than 6 trade names in English and Arabic.
  • After obtaining all the required documents, visit any Customer Service Center or branch of the Department to submit the application.
  • All required documents shall be submitted as electronic copies in PDF format. Originals shall be presented for verification.​

Required Documents:

  • Commercial License Application Form
  • Trade Name Certificate
  • Initial Approval Certificate
  • Copies of the valid passports of partners. Copies of the Family Book of concerned UAE citizens.
  • Copies of Valid Emirates ID Cards of concerned persons.
  • A copy of the commercial license / Commercial Register if the owner is   legal person (company).
  • A copy of the valid lease contract.
  • A copy of the signature authentication duly attested by the Notary Public.
  • An approved photo or photocopy of the trade name sign board, which carries the calligrapher's signature, seal and board measurements.
  • No objection letter from the competent authorities in case that the activity may not be practiced except with an authorization from the competent authorities.
  • A copy of the Memorandum of Association duly attested by the Notary Public.
  • Letter of approval from the Executive Council to establish the company.
  • The decision of the Minister of Economy, to establish the company.
  • A copy of the registration certificate from the Securities and Commodities Authority.
  • A certificate from one of the banks operating in the country, stating that the subscribed capital has been deposited.​

Conditions:

  • Obtaining the approval of the Executive Council
  • Obtaining the approvals of the other authorities in accordance with the nature of the type of company's purposes (UAE Central Bank for the activities related to the financial sector – Insurance Authority for the activities related to Insurance … etc.)
  • Founding partners shall not be less than ten natural and legal persons.
  • Capital shall be enough for the purposes of the Company and in any way shall not be less than AED 10 Million (Ten million dirham), taking into consideration the minimum capital in accordance with the license requirements.
  • Capital shall be enough for the purposes of the Company in any way.
  • The members of the Board of Directors shall not be less than 3 and shall not exceed 15 members.
  • A committee of partners of no less than 3 members and not more than 5 members shall be constituted to follow up the procedures before the Department of Economic Development and the Securities and Commodities Authority.
  • The capital shall be divided into equal shares, and the nominal value of each is not less than 1 Dirham and does not exceed 100 Dirhams.
  • The partners shall subscribe to at least 20% of the shares and a maximum of 45% of the shares in the capital.
  • All documents shall be in Arabic. Documents in foreign languages must be translated into Arabic by a legal translator and duly certified (certification by the Ministry of Foreign Affairs and Embassies, for companies incorporated abroad).
  • All required documents shall be attached as electronic copies. Originals shall be presented for verification.

Terms and Conditions apply.​

Issuance of a license for a private joint stock company:

At least 3 partners may establish a private joint stock company that may not issue its shares for public subscription. The partners may subscribe in its full capital that shall be no less than 2 million Dirhams.

  • Visit the Information Center (reception) to obtain the necessary information and the Trade Name registration form, or call, or check our electronic services: https://adbc.abudhabi.ae/CitizenAccess
  • Filling a duly signed Trade name registration form with no less than 6 trade names in English and Arabic.
  • After obtaining all the required documents, visit any Customer Service Center or branch of the Department to submit the application.
  • All required documents shall be submitted as electronic copies on a CD or Flash Memory in PDF format. Originals shall be presented for verification.​

Required Documents:

  • Commercial License Application Form
  • Trade Name Certificate
  • Initial Approval Certificate
  • Copies of the valid passports of partners. Copies of the Family Book of concerned UAE citizens.
  • Copies of Valid Emirates ID Cards of concerned persons.
  • A copy of the commercial license / Commercial Register if the owner is   legal person (company).
  • A copy of the valid lease contract.
  • A copy of the signature authentication duly attested by the Notary Public.
  • An approved photo or photocopy of the trade name sign board, which carries the calligrapher's signature, seal and board measurements.
  • No objection letter from the competent authorities in case that the activity may not be practiced except with an authorization from the competent authorities.
  • Letter of approval from the Executive Council to establish the company.
  • A copy of the Memorandum of Association duly attested by the Notary Public.
  • The decision of the Minister of Economy, to establish the company.
  • A certificate from one of the banks operating in the country, stating that the subscribed capital has been deposited.​

Conditions:

  • Obtaining the approval of the Executive Council
  • Obtaining the approvals of the other authorities in accordance with the nature of the type of company's purposes (UAE Central Bank for the activities related to the financial sector – Insurance Authority for the activities related to Insurance … etc.)
  • Founding partners shall not be less than three natural and legal persons.
  • Capital shall be enough for the purposes of the Company and in any way shall not be less than AED 2 Million (Two million dirham), and the paid capital shall not be less than 25%.
  • The capital shall be divided into equal shares, and the nominal value of each is not less than 1 Dirham and does not exceed 100 Dirhams.
  • The shares are not issued for public subscription.
  • The members of the Board of Directors shall not be less than 3 and shall not exceed 15 members.
  • A committee of partners of no less than 3 members and not more than 5 members shall be constituted to follow up the procedures before the Department of Economic Development and the Ministry of Economy.
  • All documents shall be in Arabic. Documents in foreign languages must be translated into Arabic by a legal translator and duly certified (certification by the Ministry of Foreign Affairs and Embassies, for companies incorporated abroad).
  • All required documents shall be attached as electronic copies. Originals shall be presented for verification.

Terms and Conditions apply.​

Electronic Documents Conditions:

All the required documents shall be attached in a CD or a Flash Memory as follows:

  • The documents shall be in PDF format.
  • The copy shall be clear, neither dark nor bright.
  • The documents shall be labeled (Lease Agreement, Partnership Agreement…).

The average size of documents is 70 Kbytes.​

Documents and papers shall be organized as follows:​

Docs En.jpg
 

Fees:
Special Conditions:
Required Documents:

 

Contacts:

For applications follow up call: 800555– Email info@adeconomy.ae

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