Merge (or acquisition) foreign Entity
This service allows the merger or acquisition of one entity with another entity.
Merge (or acquisition) foreign Entity
Service Fees
- Service fee: AED 7,500 for the main branch.
Note:
- Amendment fee of AED 1,500 shall be charged per branch. In the event that a new bank guarantee is submitted, the previous bank guarantee shall be issued.
Conditions and Requirements
- It is required to amend the commercial license with the relevant local authority before submitting the application.
Required Documents
- A copy of the trade name reservation certificate / a copy of the initial approval certificate with the Concerned Authority in the emirate indicating the required activity.
- A copy of the resolution of the administrative body of the two entities.
- A copy of the certificate / statement from the Concerned Authority in the country in which the two entities were established stating that the merger took place.
- A copy of the new service agent's contract and/or a copy of the previous service agent's termination contract (in case of amending a service agent).
- A copy of an official certificate from the Concerned Authority in the country in which the Entity was established, indicating the date of establishment, the name of the Entity, the legal form, the names of the owners of the Entity, the activity practiced by the entity and the capital.
- A copy of the authorization granted to the responsible manager.
Steps and Procedures
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Fill in the application data and attach the required documents
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If the request is rejected, a message shall be sent to the entity through the electronic system, with the reasons for rejection.
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If the request is accepted, the entity shall be given the approved announcement form to be published in one of the local magazines in Arabic and only once time.
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After two weeks from the publication of the announcement, the request is accepted after ensuring that the prescribed fees have been paid.
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Issue registration certificate for branches/representative offices automatically.
Service Type
Procedural
Average Duration for Service Delivery
3 working days
Service Provision Channels
- MoE website
- MoE smart app
Target Audience
- Foreign Companies.
Service Provision Timings
24 Hours
Contact Details
Call Center
Phone
8001222
Email
info@moet.gov.ae
