The Meydan Free Zone share transfer process is carried out as a formal amendment to a company’s formation documents rather than a private transfer between parties. Where an existing shareholder exits fully or partially and new shareholders are introduced, Meydan Free Zone treats the change as an update to the company’s shareholder register, ownership percentages, and capital structure.
This approach reflects Meydan’s regulatory framework, where changes affecting shareholders, equity distribution, and capital must be formally approved and recorded through the authority. The process is completed through the Meydan client portal and results in an updated Memorandum of Association or an Addendum reflecting the revised ownership structure.
In practice, this means that the focus is not only on the transfer of shares, but on ensuring that the new shareholder structure is properly documented, supported by the correct resolutions, and compliant with regulatory requirements. This is particularly important in structures involving a combination of corporate entities and individual shareholders.
In Meydan Free Zone, a share transfer is processed as:
This means the authority is concerned with:
The change is submitted under the Formation – Amendment function in the Meydan portal, where applicants select options such as:
The authority then reviews the request to ensure that:
Once approved, Meydan issues updated formation documents reflecting the new structure.
The Meydan Free Zone process relies on a defined set of documents. For your structure, the following form the mandatory core package:
This document records the transfer of shares from the existing shareholder to the new shareholders.
It includes:
In your structure, this resolution reflects the allocation of shares among the new shareholders, such as equal or near-equal distribution (e.g., 33.33% each) .
This document records the resulting ownership structure of the company after the transfer.
It includes:
From your document, the company transitions from a single shareholder to a structure with three shareholders holding 33 / 33 / 34 shares respectively, with corresponding capital allocation .
This document is essential because it formally defines the company’s updated ownership framework.
Based on Meydan guidance:
Meydan’s own templates, including the Board of Director’s Resolution for Acquisition of Shares , may be used where needed but are not part of the core submission requirement.
Meydan Free Zone allows:
This enables flexible structuring, including cross-border corporate ownership combined with individual participation.
Meydan Free Zone allows:
This enables flexible structuring, including cross-border corporate ownership combined with individual participation.
For foreign corporate entities:
Incomplete attestation is a common cause of delay.
Confirm:
Prepare:
Collect:
Submit under:
Formation → Amendment → Shareholder Change / Capital Structure Update
Upload:
Meydan conducts:
Additional clarification may be requested for corporate shareholders.
Once approved:
If you are undertaking a shareholder amendment in Meydan Free Zone, it is important to ensure that the acquisition resolution, capital structure amendment, and supporting approvals are prepared and aligned before submission.
We advise clients on structuring shareholder changes, preparing compliant documentation, and managing the full amendment process with Meydan Free Zone. For guidance on your specific transaction or assistance with execution, contact the Theta 7 team to ensure the process is handled accurately and without delay.
