Corporate Notary Services
Share Transfer Agreement Dubai: Notarization
Transfer LLC ownership legally and precisely. We prepare and notarize share transfer agreements that are DED-compliant and accepted by Dubai Courts.
What Is a Share Transfer Agreement?
In a Dubai LLC (Limited Liability Company), ownership is divided into shares held by partners. A share transfer agreement is a legally binding contract that documents the assignment of shares from one party (the seller/transferor) to another (the buyer/transferee).
This agreement must be notarized by a licensed Dubai Courts notary before DED will accept it and update the company's commercial registration. Without proper notarization, the transfer has no legal effect; the original partner remains the legal owner of the shares.
LLC Share Transfer Requirements
UAE Commercial Companies Law sets out specific requirements for LLC share transfers. Key points:
- ✓All remaining partners must be offered first right of refusal
- ✓The company's MOA must not prohibit the transfer
- ✓The transfer must not violate minimum UAE national ownership requirements (for certain business activities)
- ✓Both parties must sign in front of a notary or authorized representative
Documents Required
- ✓Original notarized MOA of the company
- ✓Share transfer agreement (drafted by us)
- ✓Emirates IDs or passports of all parties (buyer, seller, and remaining partners)
- ✓Board/shareholder resolution approving the transfer
- ✓No-objection letter from any financier or bank (if shares are pledged)
- ✓Current DED trade license copy
- ✓Proof of payment of agreed share price
Share Transfer Process at DED
01
Agreement Drafting
We draft the share transfer agreement in Arabic and English, compliant with UAE Commercial Companies Law.
02
Partner Notification
We prepare and deliver the right-of-first-refusal notice to all existing partners and document their response.
03
Notarization
Both parties sign the agreement in front of the notary at Dubai Courts. POA available if remote signing is needed.
04
DED Filing
We submit the notarized agreement to DED for trade license amendment and updated company records.
Share Transfer FAQ
What is a share transfer in a Dubai LLC?+
A share transfer is the process by which one LLC partner assigns their ownership percentage (shares) to another person, whether an existing partner or third party. It changes who owns the company and must be approved by all remaining partners unless the MOA specifies otherwise.
Does a share transfer require all partner consent in Dubai?+
Under UAE Commercial Companies Law, all existing partners have a right of first refusal on shares being sold. If partners waive this right, the shares can be sold to a third party. The consent must be documented and notarized.
How long does a share transfer take in Dubai?+
With all documents in order, a share transfer can be completed in 3–7 business days. This includes notarization, DED filing, and issuance of the amended trade license.
Can a share transfer change the company ownership structure?+
Yes. A share transfer can result in a single partner taking full ownership, changing the legal structure from LLC to sole proprietorship, which may require further documentation.
Are there taxes on share transfers in Dubai?+
UAE does not impose capital gains tax. However, DED charges administrative fees for processing the share transfer and issuing an amended trade license. We will provide exact fee estimates upfront.
Need to Transfer Shares in Your Dubai LLC?
Send us your company details and we'll guide you through the entire process from start to finish.
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