How to modify share percentage/ shareholder structure?
Servigens suggests to always select a legal structure for your business when you form it, making sure it meets all requirements. The shareholder structure that appears to be best for your company now might not be able to support your needs tomorrow, and you may choose to replace your current shareholders at any time during a review.
As a responsible business owner, you must periodically assess whether the original business structure still best serves the needs of the company. You may find that your company’s shareholder structure needs to be changed. There are specific situations in which a Dubai or other UAE company needs to change its shareholders. Certain details in the process and documentation for this kind of modification depend on the type of company and where it is registered (free zone or mainland).
In addition, the specific free zone under which the company is registered and other relevant details if it is a free zone. For the time being, let’s avoid getting into the specifics of any one free zone and instead concentrate on the fundamental paperwork, actions, and protocols needed to alter the ownership structure of UAE businesses.