Ajman Trade License Amendment
Amend your Ajman trade license — add or change activities, update shareholders, change company name, change legal form, or update authorised signatory with full MOA and DED coordination.
Description
Ajman Trade License Amendment covers any structural change to your existing trade license — adding or removing business activities, changing shareholders, updating shareholding percentages, changing the company name, changing legal form, updating the manager or authorised signatory, or amending the registered office address. Each type of amendment has specific documentation requirements and approval routes through Ajman DED or the relevant free zone authority.
Amendments are commonly triggered by growth (adding new activities), partnership changes (adding or removing shareholders, share transfers, inheritance), strategic moves (rebranding, jurisdiction change, conversion from sole establishment to LLC), or operational changes (new manager appointment, office relocation). Each amendment must be reflected in the MOA, license, immigration records, and bank account records to remain legally consistent.
Octavon Global Advisory handles the complete amendment process — assessing the most efficient amendment route, drafting addenda to the MOA, coordinating notary attestation, submitting to the licensing authority, collecting the amended license, and updating downstream records (bank, immigration, tax registration, VAT, Corporate Tax). Most amendments process in 5-10 working days depending on type and authority.
What's Included
- Activity Addition or Removal Coordination
- Shareholder Addition, Removal, or Share Transfer
- Company Name Change
- Legal Form Conversion (Sole Establishment to LLC)
- Manager / Authorised Signatory Update
- Registered Office Address Change
- MOA / AOA Addendum Drafting
- Notary Attestation Coordination
- Ajman DED / Free Zone Authority Submission
- Amended Trade License Collection
- Immigration and Visa Records Update
- Bank Account Records Update Coordination
- VAT and Corporate Tax Records Update
- Chamber of Commerce Update (mainland)
Requirements / Prerequisites
- Active Ajman trade license
- Existing shareholders consent for shareholder amendments
- Updated MOA reflecting the amendment
- No outstanding government fines
- NOC from relevant authority for regulated activities
- Audit report if amendment affects share capital
- Power of Attorney if amendment is signed remotely
Required Documents
- Current Trade License Copy
- Current Memorandum of Association
- Current Share Certificates
- Passport Copies of All Existing and Incoming Shareholders
- Emirates ID Copies
- Draft Amendment Addendum (we prepare this)
- Board Resolution Approving the Amendment
- Power of Attorney (if amendment is signed remotely)
- NOC from Sponsor (if applicable)
- Activity-specific NOC (for regulated activities)
Our Process
- Consultation on amendment type and recommended approach
- Collect existing license, MOA, and supporting documents
- Draft amendment addendum to MOA
- Obtain shareholder signatures (in-person or via PoA)
- Notary attestation (Ajman or Dubai courts)
- Submit amendment application to Ajman DED or free zone
- Pay amendment government fees
- Collect amended trade license and updated MOA
- Update Immigration Card, Establishment Card
- Notify bank and update mandate
- Update VAT / Corporate Tax registration
Pricing
- Basic Fee: AED 2,500
- Service Fee: AED 1,500
- VAT (5%): AED 200
- Total: AED 4,200
Frequently Asked Questions
What types of amendments can I make to my Ajman trade license?
Common amendments include adding/removing business activities, changing shareholders, share transfers, changing the company name, converting legal form, updating the manager, and changing the registered office.
How long does an Ajman trade license amendment take?
Most amendments process in 5 to 10 working days. Simple changes like activity addition can be completed in 2-3 days. Complex changes like legal form conversion or shareholder restructuring may take 2-3 weeks.
Do I need to amend my MOA when adding activities?
Yes. Adding or removing business activities requires a formal amendment to your Memorandum of Association, which must be notarized and submitted to the licensing authority along with the trade license amendment.
Can I change shareholders without the existing partners signing?
No. Shareholder changes require the consent and signature of all existing shareholders. If a shareholder cannot sign in person, they can issue a notarized Power of Attorney to authorise the amendment remotely.
Does amending my Ajman trade license affect my bank account?
Yes. Any structural amendment (shareholders, signatories, company name) must be communicated to your bank. The bank will update their records and may require new KYC documents from new shareholders.
Can I change my Ajman license from mainland to free zone?
Direct conversion is not possible. You would liquidate the existing entity and incorporate a new one in the target jurisdiction. We provide migration planning if you are considering this move.
Do I need to update VAT and Corporate Tax registrations after an amendment?
Yes. Any change to the legal entity, shareholders, or activities must be reflected in your VAT and Corporate Tax registrations with the Federal Tax Authority within 20 working days of the amendment.