Remove an Individual Shareholder

This service enables establishments registered with the Ajman Free Zones Authority to remove an individual shareholder from the establishment, while updating the relevant ownership records and company incorporation documents.

Required Documents

    Business

  • Signed Articles of Association or Memorandum of Association

  • Signed Resolution

Process

  • 1 Log in using UAE Pass through the available channels.
  • 2 Submit the application and attach the required documents.
  • 3 Pay the prescribed fees.
  • 4 Receive the updated Memorandum of Association or Articles of Association, as applicable, the updated Commercial Registration Certificate, updated Detailed Commercial Register, and updated trade license.

Service fees

  • Individual Shareholder Removal Fee. Fees vary by business district and whether the company has an establishment card. - AED 3000-2000

Service Duration

  • 14 Days