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عربي

Home/ RTA Services / Service Details

Issuing NOC To Add Or Remove Shareholder/Partner On A Trade License Of A Franchise Company (Luxury)

This service enables you to add or remove a partner from an existing trade license of franchise company. Note: The No-Objection Certificate is a mandatory document for the amendment of a trade license required by licensing authorities in Dubai such as the Economic Development Department. The certificate stipulates that RTA does not object the issuance of the license to practice the activity in accordance with the laws and legislations pertaining to it.

Disclaimer

Reference to the UAE Cabinet Decision (30) of 2017 on traffic and traffic safety services, the fees of driving licenses and vehicles are changed. For more information please visit https://www.rta.ae/links/lic-updates.pdf or contact RTA call centre on the following number: 8009090.

Eligibility

Licensed company by the Roads and Transport Authority (RTA) to transport passengers by luxury vehicles and having a valid operating contract.

Required documents

  1. Details of license owners and percentage of partnership for each partner
  2. NOC from the sponsor for foreign partners
  3. Details of trade license members
Nationality Requirements Attachments
Citizen ID number Copy f ID
Does not have ID Passport number
Place of issuance
Copy of passport
GCC Unified number
Passport number
Place of issuance
Copy of passport
Other Passport number
Residence visa number
Place of issuance
Copy of passport
Copy of residence visa
Copy of NOC

Output

  • NOC to amend the trade license of the company
  • A letter for the public notary with the details of the partners and their shares
  • Receipt of the transaction and payment data.

Service fees

  • 500 AED to remove a partner
  • 10,000 AED to add a partner.

Validity

  • 90 days.

Average processing time

Instantly.

Ways to apply

Process

Through website:

  • The customer logs in to RTA website (licensing services) and chooses NOC to amend a trade license
  • The customer adds the details of the partners and specifies their shares
  • The customer attaches the required documents
  • The customer receives a notification to proceed with the transaction through the electronic gate
  • The customer prints the certificate and proceeds to the Department of Economic Development to continue the transaction
  • The customer settles the financial dues at the Financial Department
  • The customer continues the transaction at the Procurement Department.

Terms and conditions

  • The customer must obtain a security approval on the partners/owner of the license to proceed with the transaction. The transaction cannot be completed without this approval even if other requirements are fulfilled
  • The customer must specify the details of a new main partner when requesting the removal of the original main partner and must amend the shares if the new partner is a contributor or a member of this license
  • The company must have fulfilled all its financial and contractual commitments to RTA
  • The company must clear any impediments in its traffic file (delay in replacement fines, quality and traffic violations, unpayable fines)
  • The company must hold a new agreement when removing the main partner
  • If the application was rejected by any of the organizational units, the customer must comply with the requirements and reapply for this service
  • The customer must not have another uncompleted application with the same data being under process

FAQs

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