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10:00
01 january 2014
Home > Products > Services Catalogue > Services Details
Rate Service

Transfer from Company to Company

Service ID
4.5.12

Details
Transfer securities from a company account to another company (with the same partners).

Fees

Up to 2nd degree kinship (charged to the Transferee only)

0.002 (two per thousand) from the shares market value, minimum AED 25. (No. of shares*market value*rate)

Common partners (charged to the Transferee only)

0.004 (five per thousand) from the shares market value, minimum AED 50 (Number of shares * market value * rate)


Procedures
  1. Complete "Transfer of Securities Form" and "Investor Signature Form".
  2. Attach the required documents along with the form.
  3. Client Services Affairs Department will issue a voucher with the fees required to be paid by the investor.

Notes:

  • Updated DFM Investor Number (NIN) for both the Transferor and Transferee.
  • Ensure that the transferred shares are available in the CSD account of the Transferor.
  • Investor’s specimen signature affixed on either the Investor Number Request Form must be certified by one of the following :

    1. DFM staff at DFM Client Services Affairs Desk
    2. Licensed Brokerage Firm at Dubai Financial Market
    3. An accredited Bank in UAE licensed by UAE Central Bank
    4. Notary Public and UAE embassy in foreign countries or by the UAE Ministry of Foreign Affairs

Required Documents

  • Complete "Transfer of Securities Form" and "Investor Signature Form".
  • Valid Copy of Passport/National ID of the partners/partner/authorized signatory.
  • Valid copy of the Trade License, Commercial Registration, and Memorandum of Association.
  • "Authorized Signatory Letter" issued by the company, duly authenticated.
  • Copy of "Power of Attorney Letter", if any. The representative must be fully authorized to transfer securities.
  • Any document issued from other countries must be authenticated by the official authorities and the UAE Embassy in those countries.

  • How to Apply?
    In person at the DFM Client Services Affairs Department, Trading Floor, World Trade Centre, Dubai