Rate Service

Corporate Actions Request

Service ID
2.2.1

Details

Corporate Actions decision is taken through the general assembly held annually. Dubai CSD shall execute the action on behalf of the Public Shareholding Company upon request and by an official letter addressed to Dubai CSD indicating the type of the action, the percentage of the distribution, the entitlement date, the book closing date and the execution date. The letter should be signed by the authorized signatory at the company and should carry the company official stamp.



Fees
AED 25, minimum of AED 25,000 and maximum of AED 500,000 (per investor in the register)

Procedures

The company must send an official correspondence addressed to Dubai CSD stating the AGM resolutions and containing the following details:

  • Type of corporate action
  • Trading, settlement and execution dates
  • Attach a certificate to amend the company's Articles of Association issued by the Securities and Commodities Authority, in case of any decisions that may affect the company's capital

 • The action will be executed on the settlement date or on effective date depending on action type

• An official letter will be sent by Dubai CSD to confirm the corporate action
• An invoice will be issued by Dubai CSD for the company to settle the payment

Required Documents

1. The company’s Request 

2. Annual General Assembly resolution.

3. Certificate to amend the company's Articles of Association issued by the Securities and Commodities Authority, in case of any decisions that may affect the company's capital


How to Apply?
Through email to customerservice@dfm.ae or in person at Dubai CSD, World Trade Centre, Dubai

FAQs

How long do we have to settle any invoice issued against a service received?

When does the settlement take place?

What types of reports do we receive in case of corporate actions?

What services are available for an issuer (listed company)?

When is the effective date of a Corporate Action?