Changing or exiting
Corporate amendments
Share transfers, activity changes, name changes and capital
In short
Structures change. We handle the filings that follow: share transfers and the beneficial ownership updates that come with them, adding or changing licensed activities, name changes, capital increases and reductions, officer changes and amendments to the Articles.
What you get
- Share transfer documents, board approval and register updates
- Beneficial ownership filing following a change of control
- Licensed activity additions and amendments
- Name change application and rebranding of the licence
- Share capital increases, reductions and class changes
- Director, secretary and registered office changes
- Amended Articles of Association
Timeline: 1 to 4 weeks depending on the change
Activity creep is the common one
Businesses add revenue lines faster than they update licences. A consultancy that starts placing candidates, a technology firm that starts reselling hardware, an advisory business that starts taking a success fee on transactions. Each may need the licence amended.
The amendment is routine. The problem only appears if it is left, because a contract signed outside the licensed scope is a weak position to be in when the counterparty is looking for an exit.
Questions
Does a share transfer need Registrar approval?
The transfer is a corporate act approved by the board under the Articles. It then has to be reflected in the register of members and, where control changes, in the beneficial ownership filing within the prescribed window.
Not sure which DIFC licence you need?
Answer eight questions and we will tell you the licence route, the likely cost and the realistic timeline. It takes about two minutes and there is no obligation.