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Asset Publisher

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Registration of Private Joint Stock Company

This service allows submitting an application to establish a private joint stock company. According to the certificate of incorporation, an economic license is issued by the competent Department of Economic Development in the relevant Emirate. The company is then registered in the Register of Private Joint Stock Companies with the Ministry of Economy and a registration certificate is issued accordingly.

Service Fees

AED 15,000        
Payable in two stages:        
* * AED 7,500 - Publication fee of the certificate of incorporation of the private joint stock company.        
* * AED 7,500 - Private Joint Stock Company Registration Certificate Fee.
     

Conditions and Requirements

    • Non-objection of the Department of Economic Development in the relevant Emirate to approve the establishment of the company.        
    • Certificate of reservation of the company's trade name issued by the competent authority         
    • Approval of other concerned authorities in the State in the event that the company's activity is subject to those authorities         
    • The date, time and place of the meeting of the Constituent Assembly shall be specified.        

Required Documents

    • Economic feasibility study on the establishment of the company, expected profits and economic feasibility      
    • The CVs of the founders         
    • Undertaking by the founders to complete the procedures for incorporation and registration with the Ministry and the competent authority        
    • Draft Memorandum of Association (to be before incorporation)         
    • Draft Articles of Association (to be before incorporation)         
    • Valid shareholder identities or commercial licenses       
    • Identities and attestations  of Members of the Board of Directors        
    • The Memorandum of Association duly authenticated by a notary (after the issuance of the certificate of incorporation)         
    • Articles of Association duly authenticated by a notary (after the issuance of the certificate of incorporation)    
    • Bank certificate stating the deposit of the entire capital, which must not be less than five million dirhams unless the company's activity requires higher capital        

Steps and Procedures

    • Login to MOE website.         
    • Choose the service from the list of E- services.        
    • Fill in the application data and create a profile of the company and the applicant.        
    • Attach the required documents        
    • Follow up the application electronically        
    • Receive feedback and approvals electronically    
Service Type

Procedural

Average Duration for Service Delivery

1 working day        

Service Provision Channels

  • MoE website
  • MoE smart app

Target Audience

Private joint stock companies (or agents thereof)      

Service Provision Timings

24 hours / 7days

Contact Details

Call Center

Phone

8001222

Email

info@economy.ae

Communication Channels

Call centre and customer protection
 

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