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What are the procedures of adding Partner and Capital increment in LLC Company (Dubai)?

LIMITED LIABILITY COMPANY (LLC) AMENDMENT

SCENARIO: New investor wants to join an existing LLC License and partners agreed to increase capital in Memorandum of Association Agreement. No need bank certificate for increased capital.

STEPS TO FOLLOW

DESCRIPTION	FEES IN AED
Initial approval from Department of Economic Development (DED) or Tas'heel Centre. Type (BR1) form, get signature of the existing and new partners and submit at DED. Form can be filled from Typing Centre. Attachments: Existing LLC Agreement (MoA), Copy of Trade License, Partners List, Passport copies of partners, NOC from sponsor for new partner who holds Employment Visa/Residence Visa. Visit/Tourist Visa holder can attach his/her visa copy. No need NOC for Partner/Investor visa holders. DED officer will write No Objection for adding/removing partner at the bottom of the BR1 Form.	150 at Tas'heel Centre
Type Addendum to LLC Agreement (Share Sale & Capital Increment Agreement) from a legal translator and get attested from Notary Public at Al Tawar Centre or Al Barsha or DED at Business Village near Clock Tower. Legal translator's seal is not required if the the agreement is only in Arabic. CAPITAL: You can write the capital amount in LLC Agreement as much as you want. No need to show Capital deposit certificate from the bank. Notary will charge a small percentage at the time of attestation according to the Capital amount and number of partners. 51% should be allocated to National Partner and remaining 49% can be divided among expatriate partners. If the expatriate partners are three, you can put capital Dh500,000 and divide 49% as you like. You can increase capital according to the number of partners. A partner's share value should be Dh70,000 or more to apply for Partner/Investor Visa. + It is difficult to get partner visa for more than two partners.	400 (Approx)
Attestation fee at the court (Notary Public)	1350 (Approx)
All Partners or Attorney have to attend at Notary to sign the Court Agreement. If any existing partner wants to withdraw from the company and he/she is outside, he/she can send Power of Attorney authorizing other Partner to represent him/her at the Court. This Power of Attorney should be attested by UAE Embassy in home country and Ministry of Foreign Affairs in UAE. It should be translated into Arabic (legal) if it is made in other language.
Submit the attested Addendum (one original copy), BR1 form, Passport copies of partners and NOC for partner (if any), at any branch of DED or Tas'heel Centre. Payment voucher will be issued same time or you can take print from DED website. Make payment at the counter and get the license. You can also pay using Credit Card/Direct Debit through DED website after issued the payment voucher. You will get new License with new partners name. If this is the time for License Renewal, you should attach EJARI Registration Certificate also. Renewal fees will show in the Payment Voucher. Do you need this service? Mail your queries to visaprocess.ae@gmail.com or Call 055 273 2295, 055-345 7829
Approximate fees for Adding Partner & Capital Increment in LLC License at DED	2526

Break-up cost of Adding Partner & Capital Increment in LLC License at DED
Description	Fees in Dhs
Partner Addition Fees	500.00
License Modification Fees	50.00
Capital Change Fees	500.00
Government Cultural Fees	20.00
Administrative Services Fees	50.00
Partner Accommodation Fees	306
Dubai Chamber Modification Fees	100.00
Ministry of Economy & Commerce Fees	1000.00
Total Fees (approximately)	2526.00

Walk-in Submission facility is available at Tas'heel Centers.
Appointment: You have to take online appointment to submit applications at Economic Department (DED) Head Office, Business Village, Near Clock Tower, Deira, and Dubai Mall branch.
How to make online appointment?: Create a new user account through MYID Website. You should have Emirates ID and Card Reader to complete the registration. After submitting required information, you will get a username and password. If you have difficulty in creating User Account, you can go to Tas'heel Center. Fees: Dh50. Self service kiosks are available at DED Branches, Municipality Service Centers and all other government departments. This user ID is common for all government services under Smart Dubai.
+ After creating the account, enter DED site and make appointment. Submit the documents at the selected DED branch.
+ Appointment system can be used to avoid waiting at DED.

+ If you want to change Authorized Signatory in Dubai Chamber, you can do it after the new License issued. Dubai Chamber branch is there at the same DED building. Collect Registration Form from there, Fill the information, Put authorized signature and company stamp and submit at Dubai Chamber counter. Payment already made at DED along with the License Amendment fees.
Documents required: Filled form, Copy of Trade License, Partners List, Commercial Register (3 pages of trade license), LLC Agreement, Passport copy of Authorized Signatory and DED Payment Receipt of Trade License.
Chamber Certificate is required for Export & Import purpose, for Registration with various Government Departments and to expand business to other Emirates and abroad.

DESCRIPTION	FEES IN AED
Immigration Establishment Card If you want to change Authorized Signatory in Immigration Establishment Card, you can do it after the new License issued. Application can be prepared and submitted through online at AMER Centre. Soft copy of Immigration card will be mailed soon to your registered ID. No more plastic card is issued. Power of Attorney is required if the power is not mentioned in the LLC agreement for the authorized signatory. Attachments: Original Emirates ID of license owner/partner. New Trade License Copy, Partners List, LLC Agreement and new Addendum, Power of Attorney (if any), Passport copies of authorized signatories. If this is the time for Immigration Card Renewal, you should add Dh646 (without eDNRD online facility) Read more	300 (Approx)
Labour Establishment Card If you want to change Authorized Signatory in Labour Establishment Card, you can do it after filling special labour power attorney forms which is available at typing centre (two forms to be filled). No need Notary attestation now. Labour Establishment amendment online form should be typed and submitted through online at Tas'heel Centre. Once it is approved, you will get notification through SMS or you can track through MOHRE Website by entering MB number. No more hard copy is available. Documents required for adding new signatory: e-Signature card of sponsor/partner, New license copy with partners list, Passport copy and Emirates ID of new partner, MOA, Power of Attorney forms & Immigration Establishment card copy. Read more	No Government Fees. Pay Typing Charge only at Tas'heel Centre Dh123 (Approx)

For DED related Service; call 055-811 7883, 055-273 2295
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To prepare your Dubai visa applications, call:

Qusais (Al Nahda-2) Near Zulekha Hospital: 04-239 1302, 055 273 2295,
055-345 7829
Qusais (Al Nahda-2) Behind NMC Hospital: 056 8614786

Bur Dubai: 04-252 22 22, 055-9105757

Hor Al Anz: (Deira): 04-265 8373, 050-715 0562

Qusais (Damascus St): 04-258 6727, 054-300 5931

For Collection & Delivery Service; call 04-239 1302, 055 273 2295,
055-345 7829
For Family visa service of all other emirates, call: 04-252 22 22, 055-9105757
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തിരുവനന്തപുരം UAE കോണ്‍സുലേറ്റില്‍ വിസ നടപടിക്രമങ്ങള്‍ക്കായി പോകുന്നവര്‍ക്ക് ആവശ്യമായ മെഡിക്കല്, അപ്പോയ്ന്‍റ്മെന്‍റ്, മെഡിക്കല്‍ സര്‍ട്ടിഫിക്കറ്റ് അറ്റസ്റ്റേഷന്, ക്രഡിറ്റ്കാര്‍ഡ് വഴി കോണ്‍സുലേറ്റില്‍ പണം അടക്കല്, താമസം, യാത്ര തുടങ്ങിയ സേവനങ്ങള്‍ക്ക് ബന്ധപ്പെടുക.
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Welcome to First Gate Business Service

First Gate Business Service, Office No.2, Al Shamsi Building, Near Zulekha Hospital, Opp. Al Madeena Supermarket, AL NAHDA-2, Qusais, Dubai, United Arab Emirates Tel.+9714-239 1302, 04-252 22 22, 04-265 8373, 04-258 6727 Email: visaprocess.ae@gmail.com