{"id":1570,"date":"2020-09-29T13:03:00","date_gmt":"2020-09-29T13:03:00","guid":{"rendered":"https:\/\/zenesiscorp.com\/business-setup\/?p=1570"},"modified":"2021-07-25T13:05:02","modified_gmt":"2021-07-25T13:05:02","slug":"how-to-transfer-shares-of-a-free-zone-company","status":"publish","type":"post","link":"https:\/\/zenesiscorp.com\/business-setup\/how-to-transfer-shares-of-a-free-zone-company\/","title":{"rendered":"How to transfer shares of Free Zone Companies in Dubai?"},"content":{"rendered":"\n

While referring to free zones in Dubai, a company can be formed with 100% ownership by the expat(s). Depending on the numbers of owners for the free zone company, the company will be Free Zone Establishment (FZE) when it is having only one owner and Free Zone Company (FZC) when it has more than one owner.<\/p>\n\n\n\n

In some free zones in Dubai, the license package itself defines the minimum and the maximum number of owners it can have.  If a company has selected a package of single ownership and then they want to add some other owners, first the package needs to be upgraded to multiple shareholders package by submitting required documents and sufficient amount for the amendment in the license.<\/p>\n\n\n\n

There is no mandatory sharing of any percentages in between the shareholders and they can select the shares as per their decision. However, if an owner wants to get an investor visa then it is better to have at least 50% or majority shareholding in his or her name.<\/p>\n\n\n\n

Following are the steps to add or remove shareholders in free zone Companies in Dubai:<\/u><\/h4>\n\n\n\n

1. Apply to the relevant Free Zone by completing and submitting an application form. <\/p>\n\n\n\n