Notification of Company Changes and Complex Ownership Structures
We would like to remind you of the following compliance requirements under recent Cabinet Decisions:
Company Changes (Cabinet Decision No. 109 of 2023, Article 8)
Companies must notify Jafza of any changes to company details, shareholding, directors, or management within 15 days from the date of change.
Complex Ownership Structures and Parent Entity Changes (Cabinet Decision No. 132 of 2023)
Companies are required to disclose if they have a complex ownership structure or if there is a change to the legal entity type of their parent company.
Failure to comply with these requirements may result in administrative penalties. For full details, please review:
