The Memorandum of Association (MOA) of a UAE free zone company may need to be amended when shareholders change, activities are added, or share capital is modified. Here is how to amend a UAE free zone MOA.
Common Reasons for MOA Amendment
- Adding new shareholders (or removing an existing shareholder)
- Changing shareholder equity percentages
- Adding or removing business activities from the licensed activities list
- Changing the company name
- Increasing or decreasing share capital
- Changing the registered address
- Changing the company’s financial year end
MOA Amendment Process
Step 1: Pass a Shareholder Resolution — All shareholders (or the required majority per the existing MOA) must sign a resolution approving the specific amendment. The resolution must clearly state: what is being changed, the new text replacing the old text, and the date the change takes effect. Step 2: Draft the Amended MOA — The free zone typically provides a standard MOA template with the specific amendment highlighted. Some free zones allow you to update the relevant sections only (“amendment to MOA”) rather than re-issuing the full document. Step 3: Notarise (if required) — Some free zones require MOA amendments to be notarised at a UAE Notary Public. Others accept an electronic signature or attestation by the free zone authority directly. Confirm with your specific free zone. Step 4: Submit and Pay — Submit to the free zone authority with the shareholder resolution, amended MOA draft, and KYC documents of any new shareholders. Amendment fee: AED 500–3,000 depending on the type of amendment and the free zone. Processing: 3–10 working days.