Changing Shareholders in a UAE Company: Five Systems Move at Once and Most Founders Plan Only the First

A UAE company can change hands on a single signature. That signature moves five separate systems at once, and the licensing authority handles exactly one of them for you.

The obligation people miss is the Ultimate Beneficial Owner register. It is not an annual filing with a date in the calendar. It is triggered by the change itself. The moment ownership or control moves, the register is wrong, and it stays wrong until somebody remembers it exists.

The obligation that costs money is the visa. If the departing shareholder held UAE residence through the company, and a spouse and children hold residence through that shareholder, cancelling in the wrong order can leave a whole family in the country on nothing. Status violations accrue at AED 50 per person per day, and the Federal Authority for Identity, Citizenship, Customs and Port Security is explicit that paying the fine does not resolve the violation, because status still has to be adjusted or the person has to leave the UAE [2].

Since 2013, BusinessDubai.ae has handled shareholder changes on mainland and free zone entities, including partner exits, family transfers, investor entries and full buyouts. This guide covers all five systems, the order they have to move in, and the points where a transfer that looked simple stops being simple.

What actually moves when a shareholder changes?

Short answer: five things, on four different clocks, run by four bodies that do not talk to each other.

The mental model that causes the damage is treating the share transfer as an event with an end. It is not an event. It is the trigger for four downstream updates, three of them outside the licensing authority entirely.

Real Talk: The transfer is the easy part. Two shareholders who agree on price can usually get an amended licence issued without drama. What we get called about six weeks later is a frozen bank account, an outgoing partner whose family visa quietly expired, or a UBO register still naming somebody who sold out last year. All three were foreseeable on the day the transfer was signed.

Planning a partner exit or an investor entry? Talk to a setup expert→

What is the share transfer itself, and which documents change?

Short answer: a transfer instrument between the parties, an amendment to the constitutional documents, and a reissued licence and share register at the authority.

For a mainland limited liability company the substantive documents are the share transfer agreement, an amendment to the Memorandum of Association reflecting the new share split, and the authority's reissue of the licence and shareholder record. Underneath sit a shareholders' resolution and, in most cases, a written no-objection from the remaining shareholders, because pre-emption rights are the norm.

For a free zone company the equivalents are the registrar's own transfer form, an amendment to the Articles of Association, a board or shareholder resolution, and the registrar's reissue. Zones vary widely on notarisation, on remote signature, and on whether the incoming shareholder must attend in person.

If either party is a company the document load roughly doubles, because the corporate shareholder's own documents must be produced, attested and often legalised. Our attestation guide and power of attorney guide cover both.

Common Mistake: Assuming a share transfer is the same species of amendment as adding an activity or changing a trade name. An activity amendment changes what the company may do. A share transfer changes who owns it, which is why it pulls in the UBO register, the bank and the visas, and why it also changes who is legally entitled to instruct the company. Our licence amendment guide covers the amendment mechanics.

On fees we are not going to print a number. Authority fees, amendment fees, notary costs and free zone transfer charges differ by emirate, zone, legal form and whether the change happens mid-licence or at renewal, and several zones charge materially more mid-term. Ask your registrar for the current schedule in writing, and ask specifically whether timing changes the bill.

Why is the UBO register the obligation people miss?

Short answer: because it is not annual. It is triggered by the change, and nothing in your calendar will remind you.

Every UAE company that is not exempt has to maintain a register of its Ultimate Beneficial Owners, a register of shareholders or partners, and a register of nominee directors where relevant. Those registers are filed with the registrar and have to be kept current. A change of ownership or control puts you out of date on the day it happens.

That is a different shape of obligation from everything else a UAE company does. The licence renews annually, the Corporate Tax return falls due within nine months of the tax period end [3], VAT runs on a fixed cycle. All of those have a date, and dates get diarised. The UBO update has only a trigger, and triggers get missed.

Pro Tip: Put the UBO update on the same checklist as the transfer signature, not on a separate compliance list. Treat the transfer as unfinished until the registrar has acknowledged the UBO submission, in the same way you would treat it as unfinished until the amended licence is issued.

Two points are widely misunderstood. The register is about beneficial ownership and control, not just the names on the share certificate, so someone who controls the company through voting arrangements or the right to appoint and remove directors can be a beneficial owner without holding a share, and restructuring control is a UBO event even when the shareholding is untouched. And the update window is set by the registrar and it is short. We will not print a number of days, because authorities apply their own procedures. Ask for the window that applies to your entity and get it in writing.

Our UAE UBO requirements guide sets out who counts as a beneficial owner and what the register must contain. If your company is a Designated Non-Financial Business or Profession, ownership changes also feed the anti-money-laundering framework and its own reporting duties, covered in our AML and CFT compliance guide.

What does the bank do when your shareholders change?

Short answer: it re-runs due diligence on the whole company, and until it is satisfied it can restrict, freeze or re-paper the account.

This is the system founders plan for least and the one that hurts operations most, because a frozen account stops payroll, supplier payments and collections on the same afternoon.

A UAE bank onboards a company on the basis of a specific ownership and control picture. Change that picture and the bank has to look again.

Two outcomes founders do not anticipate. The bank may re-paper the relationship rather than amend it, meaning a new account and a new IBAN pushed out to every customer, supplier and payment processor. Or it may decide the new ownership profile falls outside its risk appetite and exit, which is a decision about the new owner rather than the company.

Quick Math: Monthly fees across common UAE business accounts sit between AED 79 and AED 250 [6]. That spread is trivial next to an unplanned account move. If a re-papering forces you to reissue banking details to two hundred customers mid-quarter, the collections delay dwarfs a year of monthly fees. When choosing a bank, weight the ownership-change process as heavily as the headline pricing.

Minimum balance conditions bite at the worst moment too. Of the common accounts only FAB Basic carries a minimum average balance, at AED 10,000, with a AED 100 monthly fall-below fee [6], so a buyout that drains working capital can trip a balance condition while the bank is already reviewing you.

Tell the bank before completion rather than after. Relationship managers are more helpful when consulted than when informed. Our guide to opening a corporate bank account covers the documentation standard, and our guide to overcoming bank account rejection covers a negative answer.

What happens to the outgoing shareholder's residence visa?

Short answer: it has to be cancelled, and the order is dependants first, then the shareholder, and only then anything touching the establishment card.

This is the spine of the exercise. A partner who held residence through the company holds more than a visa. They hold an Emirates ID, a bank account that depends on residence, a tenancy, school places, and very often a spouse and children whose residence derives entirely from theirs.

The dependency runs downwards. Dependants sit under the sponsor, the sponsor sits under the company, the company's ability to sponsor anyone sits under the establishment card, and the card sits under a valid trade licence. Break a link high up and everything below it fails, which is why cancellation runs in reverse of setup.

On a simple share sale where the company continues trading, only steps one and two apply. The company keeps its licence, its establishment card and its other visas. What ends is the outgoing shareholder's residence and the residence of anyone under them.

Common Mistake: Cancelling the shareholder's visa first because it feels like the main event, then dealing with the spouse and children afterwards. Once the sponsor's file is closed, the dependants sit on residence derived from a sponsor who no longer has status, and every day in that condition is exposure at AED 50 per person per day [2]. For a family of four that is AED 200 a day, accruing quietly because nothing announces it.

Three points decide how much time the outgoing party actually has.

Grace periods are not uniform. Golden, Green and Blue residence holders and their family members have a 180-day grace period after expiry or cancellation [1]. A departing partner on a Green visa has half a year of runway. A partner on company-sponsored residence does not.

A departing partner may keep residence on their own footing. The Green visa is self-sponsored, runs five years, is renewable, requires no UAE employer or sponsor, and permits the holder to sponsor a spouse and children [4]. The investor or partner route requires proof of investment or contribution to a UAE business venture with the necessary licences and approvals, and ICP publishes no minimum investment amount [4]. Our Green visa guide and investor visa guide cover the conditions.

Paying the fine does not fix the problem. ICP requires that after payment, status is adjusted or the person leaves the UAE [2]. There is also a AED 100 smart services fee and a AED 2,000 penalty for misuse of smart services [2]. Our visa cancellation guide sets out the mechanics and our overstay fines guide covers grace periods by permit type.

Handling a partner exit where visas are involved? Check your eligibility→

What is the Corporate Tax position after a share transfer?

Short answer: registration, tax period and tax number survive the change of owner, and three positions need checking before you assume nothing else moved.

A share transfer changes the shareholders, not the taxable person. The company keeps its Corporate Tax registration and its tax period, the return remains due within nine months of the tax period end, and the rate stays 0% on taxable income up to AED 375,000 and 9% above [3]. None of that turns on who owns the shares.

Small Business Relief. The threshold is AED 3,000,000 of revenue, applying to the current tax period and all previous ones, and Ministerial Decision No. 131 of 2026 extended availability to periods ending on or before 31 December 2029 [5]. It is elected on the return, and it is unavailable to a Qualifying Free Zone Person or to members of multinational groups above AED 3.15 billion consolidated revenue [5], so a buyer who brings the company into a large group can switch it off. Our Small Business Relief guide covers the conditions.

Qualifying Free Zone Person status. The 0% rate applies only to qualifying income and depends on substance and activity conditions plus audited financial statements, and selling to UAE consumers or into the mainland is generally an excluded activity. A new owner who changes what the company sells, or to whom, can put QFZP status at risk without touching the licence. Our QFZP guide sets out the tests.

Accumulated tax losses. The Corporate Tax Law places conditions on carrying losses forward where ownership changes, turning on continuity of ownership and on the business continuing in the same or a similar activity. We will not print a percentage or an article number here. If the buyer is relying on those losses, get the position confirmed by the Federal Tax Authority or a registered tax agent before the price is agreed. Our guide to buying a business in Dubai covers the buyer-side diligence.

One filing that used to belong here no longer does. Cabinet Decision No. 98 of 2024 cancelled the Economic Substance notification and report for financial years ending after 31 December 2022, cancelled those fines and refunded paid ones, though ESR still applies to 2019 to 2022 and ADGM and DIFC run their own registrar confirmations [8]. Plenty of guidance still tells post-transfer companies to prepare one. They should not.

Our post-setup services team handles the registration updates and the annual return, which is the piece that most often falls between an outgoing shareholder who has stopped caring and an incoming one who does not yet know the history.

In what order should you actually do all of this?

Short answer: agree, diligence, transfer, registers, bank, visas, and never start the visas before the licence is reissued.

Two ordering rules matter most. Nothing immigration-related can start before the amended licence is issued, because every visa action runs through the establishment card and the card runs off the licence. And the UBO update belongs in the same week as the transfer, because it is the only item with no deadline in your calendar.

Pro Tip: Write the visa handling into the share transfer agreement itself. Who cancels what, by when, who pays the fines if a deadline slips, and what happens to the outgoing party's dependants. We have seen exits where the commercial terms were fully documented and the visa arrangements entirely verbal, and the verbal part produced the argument three months later.

What about the establishment card, visa quota and staff?

Short answer: the card stays with the entity, quota stays tied to premises, and the constraint on the incoming shareholder is usually space rather than ownership.

The establishment card is issued to the company, not to a shareholder, so a share transfer does not cancel it. What can affect it is a change in the recorded manager or authorised signatory, since the card carries the details the immigration system uses to identify who may act for the entity. Our establishment card guide covers why every visa depends on it.

Visa quota is tied to premises rather than ownership. A flexi desk or shared desk carries a lower allocation than a private office, and more space generally means more slots. The mainland package we work with references roughly 9 to 12 square metres per visa, and residency visas on mainland packages cost an additional AED 4,000 to 5,200 [9]. If the incoming shareholder needs residence and the company is at its allocation, the binding constraint is the office. Our visa quota guide covers how zones calculate allocations.

Employees are unaffected in the ordinary case, because their permits sit under the entity. What needs attention is accrued end of service gratuity, which under Article 51 of Federal Decree-Law No. 33 of 2021 runs at 21 days of basic wage per year for the first five years and 30 days per year after, on the last basic wage and capped at two years' wage [10]. That accrual transfers with the entity, and a buyer who did not quantify it has bought a liability. Our gratuity guide covers the calculation.

Real Talk: In a share deal you inherit the company as it stands, including unpaid gratuity, unfiled returns, outstanding fines and its bank history. If the outgoing shareholder is reluctant to hand over the tax filings and the payroll records, treat that reluctance as the finding, not as an administrative hiccup.

Where do share transfers go wrong most often?

Short answer: the same seven places, and six of them are sequencing failures rather than legal ones.

None of these are discovered when they are created. They surface later, found by a third party at the worst possible time: the bank on a payroll day, immigration at a renewal, the FTA at a filing.

Quick Math: Take a departing partner with a spouse and two children whose residence lapses for 45 days while paperwork is finished. At AED 50 per person per day that is AED 9,000 across four people [2], before the AED 100 smart services fee [2], and none of it resolves the status, which still has to be adjusted or the family has to leave [2]. Sequencing the cancellations properly costs a few hours of somebody's attention in the right week.

Does the answer differ by emirate or free zone?

Short answer: the five systems are identical everywhere. The documents, the notarisation requirement and the fee schedule are not.

Free zone registrars run their own procedures, templates and timing rules. Some accept remote execution with an attested power of attorney, others want the parties present, and some charge materially more mid-term than at renewal. Mainland transfers generally involve notarisation of the MOA amendment and stricter corporate documentation. None of that changes the five systems. It changes how long stage five takes and what it costs.

For context on the underlying route, our free zone company setup page prices the Dubai free zone package at AED 12,800 first year with one visa included and AED 9,920 on renewal, and our mainland company setup page prices Dubai mainland standard at AED 18,200 first year with no visa, AED 15,000 on renewal, or AED 26,355 with one visa [9]. Outside Dubai the numbers change again, with Ajman free zone at AED 12,800 and Sharjah licences from around AED 5,750 [9], covered on our Ajman setup page. Where the entity is an offshore vehicle, the mechanics run through the offshore registrar instead, covered on our offshore company formation page.

The outgoing shareholder should also settle their own position before completion: decide whether they are leaving the UAE, moving onto a spouse's sponsorship, joining another company or applying for a self-sponsored route such as the Green visa [4], insist on seeing the reissued licence and updated register showing they are gone, and confirm they are off the bank mandate.

Need the exit and the entry sequenced on both sides? Get a free consultation→

Real Client Stories

Real examples from businesses we have helped set up. Names have been changed for privacy.

Yusuf, the departing partner whose family was cancelled last

Yusuf sold his 40% stake in a Dubai trading company to his co-founder. The transfer went through cleanly and the amended licence was issued on time. He then cancelled his own residence, because that felt like the substantive step, and left his wife and two children to the following month while he travelled.

Their residence derived from his. Once his file closed, three people sat on status with no valid sponsor beneath it, accruing exposure at AED 50 per person per day [2], and paying did not close the matter because ICP requires status to be adjusted or the person to leave [2]. It took a re-sponsorship arrangement and several weeks nobody had budgeted for.

His comment: "I understood that my visa came from the company. It did not occur to me that my family's visas came from me, and that cancelling mine first pulled the floor out from under them."

Priyanka, the buyer whose account was frozen on payroll day

Priyanka acquired 100% of a small free zone services company. Licence amended, register updated, everything filed. Nobody told the bank. It picked up the ownership change on its own review, restricted the account pending fresh due diligence on the new owner, and asked for source of wealth documentation that took eleven days to assemble and certify. The restriction landed two days before payroll. She funded salaries personally and reclaimed later, which worked but was not the introduction to her staff she had planned.

Her comment: "A ten minute call to the relationship manager before completion would have replaced the whole episode. I assumed the bank would see the amended licence and update its file."

Hassan, the founder whose UBO register was two owners out of date

Hassan restructured his shareholding twice over three years as investors came and went. Each time the licence was amended properly, and each time the UBO register was left as it was, because it had been filed once at incorporation and nobody treated it as a live document. It surfaced during diligence on a third transaction, when the incoming investor's lawyers compared the register with the share certificates and found two people named who had not owned anything for years. Nothing collapsed, but it delayed the round and changed how the investor viewed the company's housekeeping.

His comment: "It was the one filing with no deadline attached, so it was the one filing that never got done."

Get the shareholder change sequenced properly

A UAE share transfer is not a document. It is a trigger that moves five systems, and only the licence amendment is handled for you.

Do the transfer instrument and the amended constitutional documents at the authority. Update the Ultimate Beneficial Owner register in the same week, because the trigger is the change and nothing will remind you. Brief the bank before completion, because a change of control means fresh due diligence and the account can be restricted or re-papered. Cancel the outgoing shareholder's residence from the dependants upward, remembering that Golden, Green and Blue holders and their family members have a 180-day grace period that others do not [1], and that AED 50 per person per day starts running the moment status lapses [2]. Then confirm the Corporate Tax position, because registration survives the change but Small Business Relief eligibility, QFZP status and accumulated losses may not.

On fees, timelines and the exact documents your registrar wants, get the answer in writing from the authority rather than from an article. Anyone quoting a single confident number for every emirate and zone is guessing.

Since 2013, BusinessDubai.ae has run shareholder changes across mainland and free zone entities. We will map the five systems against your structure, tell you what order they move in, and handle the pieces that fall between the outgoing party and the incoming one. Our post-setup services team then keeps the registers, the tax filings and the visa file current afterwards.

Talk to a setup expert→

Frequently Asked Questions

What is a share transfer in a UAE company?

The transfer of ownership of shares from one shareholder to another, effected through a transfer instrument and an amendment to the Memorandum or Articles of Association, then recorded by the authority or registrar on a reissued licence and updated shareholder register.

Do I need the other shareholders' approval to sell my shares?

Usually yes. Most UAE constitutional documents contain pre-emption rights giving existing shareholders first refusal, so an NOC or signed waiver from the remaining shareholders is normally required alongside the resolution.

How much does a share transfer cost in the UAE?

It varies by emirate, free zone, legal form and whether the change is made mid-licence or at renewal, and several zones charge more mid-term. Ask your registrar for the current schedule in writing rather than relying on a published estimate.

How long does a UAE share transfer take?

It depends on the authority, on notarisation, on whether a corporate shareholder needs attested documents, and on whether anyone signs remotely. Confirm the position with your registrar, and build attestation of foreign documents into the timeline, because that is usually the longest element.

Do I have to update the UBO register after a share transfer?

Yes. The register must be updated on any change of ownership or control. It is not an annual filing, it is triggered by the change, which is why it is the obligation most often missed. Confirm the applicable window with your registrar.

Will my bank freeze the account when shareholders change?

It can. A change of ownership or control causes the bank to re-run due diligence, and pending that it may restrict the account, require a new signatory mandate, re-paper the relationship onto a new account, or exit the relationship. Brief the bank before completion.

Does a share transfer cancel my residence visa?

If your residence was sponsored by the company through your shareholding, leaving means it has to be cancelled or moved onto another basis. If you hold residence through a spouse, another employer or a self-sponsored route, the transfer does not affect it.

In what order do I cancel visas when a shareholder leaves?

Dependants first, then the shareholder's own residence. Dependants derive status from the sponsor, so cancelling the sponsor first leaves them without a valid basis and exposed at AED 50 per person per day [2].

What is the grace period after a residence visa is cancelled?

Golden, Green and Blue residence holders and their family members have 180 days after expiry or cancellation [1]. Other categories have shorter periods, so confirm your specific position with ICP or GDRFA rather than assuming 180 days applies.

What is the fine if a residence visa lapses during a transfer?

AED 50 per person per day at a flat rate that does not escalate, plus a AED 100 smart services fee, with a AED 2,000 penalty for misuse of smart services [2]. Payment alone does not resolve the violation, because status must still be adjusted or the person must leave [2].

Can the outgoing shareholder keep UAE residence another way?

Possibly. The Green visa is self-sponsored, runs five years, needs no UAE employer, and permits sponsorship of a spouse and children [4]. The investor or partner route requires proof of investment or contribution to a UAE business venture with the necessary approvals, and ICP publishes no minimum amount [4].

Does the incoming shareholder automatically get a residence visa?

No. Residence is applied for separately and depends on the company's visa allocation, which is tied to premises rather than ownership. A flexi desk carries a lower allocation than a private office, so the constraint is often space.

Does a share transfer affect the establishment card?

The card is issued to the company and survives a change of shareholders. What can affect it is a change in the recorded manager or authorised signatory, since the card carries the details immigration uses to identify who may act for the entity.

Does a share transfer affect my employees' visas?

Not in the ordinary case, because permits sit under the entity. What transfers with it is accrued end of service gratuity, at 21 days of basic wage per year for the first five years and 30 days per year after, capped at two years' wage [10].

Does the company re-register for Corporate Tax after a share transfer?

No. A share transfer changes the owners, not the taxable person, so registration, tax number and tax period continue. The return remains due within nine months of the tax period end [3].

Does a share transfer affect Small Business Relief?

It can. The relief has a AED 3,000,000 revenue threshold applying to the current and all previous tax periods, is elected on the return, runs to periods ending on or before 31 December 2029, and is unavailable to multinational group members above AED 3.15 billion consolidated revenue [5].

Can a change of ownership break Qualifying Free Zone Person status?

Indirectly, yes. QFZP status depends on qualifying income, substance and activity conditions and audited financial statements, and selling to UAE consumers or into the mainland is generally excluded. A new owner who changes what the company sells, or to whom, can put the 0% position at risk.

Do accumulated tax losses survive a change of ownership?

Conditions apply, turning on continuity of ownership and on the business continuing in the same or a similar activity. If the losses matter to the price, get the position confirmed by the Federal Tax Authority or a registered tax agent before terms are agreed.

Do I need to file an Economic Substance notification after a share transfer?

Not for financial years ending after 31 December 2022. Cabinet Decision No. 98 of 2024 cancelled the notification and report for those years and cancelled the associated fines, with paid fines refunded [8]. ESR still applies to financial years 2019 to 2022, and ADGM and DIFC run their own registrar confirmations [8].

What is the most common mistake in a UAE share transfer?

Treating the reissued licence as the finish line. The three failures that follow are a UBO register left out of date, a bank told after completion, and visas cancelled in the wrong order so dependants are exposed at AED 50 per person per day [2].

What if the company is being closed rather than sold?

The order reverses fully: dependants, then individuals, then employees, then the establishment card, then the licence. Cancelling the card or licence early disables every remaining visa action.

Related reading: UAE UBO Requirements, Buying a Business in Dubai, Licence Amendment, Visa Cancellation

References

[1] Federal Authority for Identity, Citizenship, Customs and Port Security (ICP). Grace period after expiry or cancellation of residence: 180 days for Golden, Green and Blue holders and their family members. ICP grace period service

[2] ICP. Payment of visa and residence violation fines, at AED 50 per person per day flat rate, a AED 100 smart services fee and a AED 2,000 penalty for misuse of smart services, and confirming that payment does not resolve the violation because status must be adjusted or the individual must leave the UAE. ICP violation fines

[3] UAE Government portal and Federal Tax Authority. Corporate tax at 0% up to AED 375,000 of taxable income and 9% above, with return and payment due within nine months of the tax period end. u.ae corporate tax

[4] ICP. UAE Green residency conditions: a five-year self-sponsored permit with no employer or sponsor requirement, the right to sponsor a spouse and children, and an investor or partner route requiring proof of investment or contribution to a UAE business venture with the necessary licences and approvals, with no published minimum investment. ICP Green residency

[5] UAE Ministry of Finance. Ministerial Decision No. 131 of 2026 amending Ministerial Decision No. 73 of 2023 on Small Business Relief, extending availability to tax periods ending on or before 31 December 2029, with the AED 3,000,000 revenue threshold applying to the current and all previous periods, election required on the return, and exclusions for Qualifying Free Zone Persons and multinational group members above AED 3.15 billion. MoF financial legislation

[6] BusinessDubai.ae. UAE business banking comparison: monthly fees from AED 79 to AED 250, the AED 10,000 minimum average balance on FAB Basic and AED 100 monthly fall-below fees, as at August 2026. UAE business bank account comparison

[7] Federal Tax Authority. VAT registration: mandatory above AED 375,000 of taxable supplies and imports, voluntary above AED 187,500 of taxable supplies, imports or expenses, at 5%. FTA VAT registration

[8] UAE Ministry of Finance. Cabinet Decision No. 98 of 2024 amending Cabinet Decision No. 57 of 2020 on Economic Substance, cancelling the notification and report requirement for financial years ending after 31 December 2022 and cancelling fines for those years, with paid fines refunded. MoF Economic Substance announcement

[9] BusinessDubai.ae money pages. Dubai free zone AED 12,800 first year with one visa and AED 9,920 renewal; Dubai mainland standard AED 18,200 first year with no visa, AED 15,000 renewal, AED 26,355 with one visa; Ajman free zone AED 12,800; Sharjah from around AED 5,750; mainland residency visas an additional AED 4,000 to 5,200; roughly 9 to 12 square metres per visa on one mainland package. Dubai business setup cost breakdown

[10] Ministry of Human Resources and Emiratisation. Federal Decree-Law No. 33 of 2021, Article 51 on end of service benefits: 21 days of basic wage per year for the first five years, 30 days per year thereafter, on the last basic wage, capped at two years' wage. Federal Decree-Law No. 33 of 2021 (PDF)

[11] BusinessDubai.ae. Internal data from UAE company registrations and shareholder changes since 2013, covering partner exits, investor entries and buyouts, and the sequencing failures most often seen in bank, UBO and visa handling. businessdubai.ae