Trade Name Change - Non-Free Zone

TRADE NAME CHANGE - NON-FREE ZONE

The service is provided to change a trade/operating name of the company

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Service Delivery Channel

Customer Journey

  • Login to Portal 360

  • Click on company services & select corporate amendment - Trade Name Change

  • Initiate your request & upload required documents & complete the payment

  • RAKEZ verifies your request & initiates the amendment process

  • RAKEZ initiates the legal documents preparation & newspaper publication

  • All relevant stakeholders will receive an OTP via email to sign required documents through DED System.

  • RAKEZ verifies signatures & issues updated company documents

  • Request completed

Outcome

  • Amended e-License

  • Amended e-partner list

  • Amended DED License

  • Memorandum of Association/Amendment to Memorandum of Association (when applicable)

  • Amended Chamber of Commerce

Service Fees & Delivery Timelines

Services Price
Company name change
*Inclusive of immigration file amendment and pre-approval 		AED 1,999
Note: 30% discount on second amendment
Chamber of Commerce Certificate amendment AED 1,000
DED amendment fee AED 2,000
Name reservation AED 2,500

RAK DED Attestation Fee as per DED regulation will apply

Service Delivery Time: 20 to 25 working days. Inclusive of 14 days newspaper publication.

Required Documents

1

Company shareholders' resolution for the required amendment, signed by all the shareholders or their authorized representative having a valid power of attorney. In case the shareholder is a corporate entity, another resolution from the corporate shareholder authorising the changes. Resolution attestation is needed for parent companies as below:

  • UAE-based parent companies: Notarized by UAE Notary Public/attested by the relevant jurisdiction (as applicable)

  • Non-UAE parent companies: Notarized and legalized up to the UAE Embassy level

Templates of resolution:
1. Shareholders resolution template
2. Corporate resolution template.

2

Trade name reversation

Important notes:
RAK Department of Economic Development Trade name rules apply.

3

Additional requirements for shareholders holding a valid Authorised Representatives (POAs):

  • Power of Attorney (if represented by an attorney) with a valid passport copy or Emirates ID.

  • The POA must be notarized by a notary public in the UAE or notarized and legalized up to the level of the UAE embassy from the country where it was issued. For assistance in attestation, please contact RAKEZ Value Added Services at vas@rakez.com.

Additional requirements for companies with land/warehouse facility:
1. NOC from Public Services Department. Please approach Public Services Department to obtain their NOC
2. NOC from the bank, if the company has registered security interest or mortgage.

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