Announcements, Notices & Alerts

Follow the Registrar of Companies' latest announcements, notices and alerts to keep informed on all communications and modifications.

Registrar Announcements

MODIFICATION NOTICE No.50: Bonding Requirements
MODIFICATION NOTICE No.43: Helena Bajaj Larsen Fashion Design LLC
MODIFICATION NOTICE No.42: X-Labeled Fashion Design LLC
MODIFICATION NOTICE No.41: Faissal El-Malak Boutique L.L.C
MODIFICATION NOTICE No.40: Emaan Home Furnishings & Interior Decorations
MODIFICATION NOTICE No.39: Deshdashd Fashion Design L.L.C
MODIFICATION NOTICE No.38: Three Fifty Nine Fashion Design L.L.C
MODIFICATION NOTICE No.37: MyWayDress Fashion Design and Trading LLC
MODIFICATION NOTICE No.35: Ulysses Capital Special Situations Fund L.P.
MODIFICATION NOTICE No.34: Ulysses GP Limited
MODIFICATION NOTICE No.32: Big Tree Fund 1 LP
MODIFICATION NOTICE No.31: ICP Special Situations I LP
MODIFICATION NOTICE No.30: Aramis Titan-I Fund LP
MODIFICATION NOTICE No.29: Amalabh Real Estate Fund I LP
MODIFICATION NOTICE No.28: ENTO F&B Private Equity Fund LP
MODIFICATION NOTICE No.27: StoneArb Alpha 1 Fund, LP
MODIFICATION NOTICE No.26: Aramis Pythagoras-I Fund LP
MODIFICATION NOTICE No.25: Big Tree Fund GP Limited
MODIFICATION NOTICE No.24: Aramis Pythagoras-I GP Limited
MODIFICATION NOTICE No.23: Amalabh Real Estate Fund I (GP) Limited
MODIFICATION NOTICE No.22: ENTO Private Equity (GP) LLC
MODIFICATION NOTICE No.21: StoneArb Alpha 1 GP Limited
MODIFICATION NOTICE: Family Business Network – Gulf Cooperation Council (FBN GCC) Ltd. 1 October 2012
MODIFICATION NOTICE: Meadow Holdings 2 & 3 – 9 August 2011
MODIFICATION NOTICE: Solar Holdings 1, 2, 3 Ltd. – 8 August 2011
MODIFICATION NOTICE No.6: 2012-Gulf Partners I LP-19 Nov 2012
MODIFICATION NOTICE: Mena Private Equity Association – 13 June 2011
MODIFICATION NOTICE: Meadow Holdings 4 – 18 September 2011
Approved Jurisdiction Notice: (Bermuda) for SPC Purposes 10 May 2012
MODIFICATION NOTICE No.9: 2016 TVM Healthcare III L.P. - 8 February 2016
MODIFICATION NOTICE No.10: 2016 TVM Capital Healthcare III (GP) Ltd - 8 February 2016
MODIFICATION NOTICE No.11: 2016 Ezdihar GP Limited - 19 April 2016
MODIFICATION NOTICE No.12: 2016 Ezdihar Real Estate Investment LP - 28 August 2016
MODIFICATION NOTICE No.13: 2016 ICP Special Situations GP Limited - 5 September 2016

List of Capital Reduction Notices

ICD Brookfield Place Limited (the “Company”), a private limited company with registered offices at Unit L24-00, Level 24, ICD Brookfield Place, DIFC, Dubai, United Arab Emirates, hereby gives notice that its issued share capital shall be reduced from US$246,065,140 to US$50,000 by way of cancelling and extinguishing 246,015,140 ordinary shares in the Company valued at US$1.00 each (each of which is fully paid up) held by the Company’s shareholders, ICD Brookfield Place Dubai Limited, Eden Holding Ltd, and LL III SPV 2 Ltd. The date on which the reduction is to have effect is 27 August 2024.

Any queries, claims or objections regarding the proposed reduction are requested to be forwarded to Andrew Balfe, Vice President - Legal by telephone at +971 4 597 0100 and in writing to ICD Brookfield Place Ltd, Unit L24-00, Level 24, ICD Brookfield Place, PO Box 507034 or andrew.balfe@brookfieldproperties.com within 15 days from the date of publication of this notice.

List Of Strike Off Notices

Voluntary Strike Off Notices

Alerts

15 October 2019
17 November 2014
DIFC Registrar of Companies (Registrar) Role regarding Foreign Account Tax Compliance Act (FATCA)

DIFC Registrar of Companies Role Regarding Foreign Account Tax Compliance Act (FATCA)

Dubai, UAE, 17 November, 2014

Background:

FATCA is a legislation enacted by the United States which imposes obligations on Foreign Financial Institutions (FFIs) to identify and report certain information regarding accounts held by US Persons, including individuals, partnerships, corporations and trusts. The Dubai Financial Services Authority previously issued an SEO letter on 01 May 2014 that outlined the obligations of DIFC entities.

The UAE and the US have agreed in principle regarding the terms of a FATCA intergovernmental agreement, pending execution. In anticipation that it will be signed in the near future, this communiqué is intended to provide further clarity regarding the reporting procedures and the obligations of DIFC entities regarding the collection, consolidation and dissemination of the information that will be required pursuant to FATCA regulations.

Financial institutions normally have a duty to maintain the confidentiality of account holders' information. Therefore, while FFIs should be rightly concerned about sending such information directly to the US Treasury Department, a process has been created to enable such reporting in compliance with UAE and DIFC laws, as described below.

On 15 May 2012, UAE Cabinet Resolution No. 17 of 2012 Concerning Gathering and Exchanging Information in Execution for the Purposes of International Tax Agreements was signed by His Highness Sheikh Mohammed bin Rashid Al Maktoum as UAE Prime Minister. The Resolution authorises the UAE Ministry of Finance to gather and exchange information, including information from free zones, in execution of international tax agreements. Using the terminology of FATCA, the Resolution designates the Ministry of Finance as the UAE's Competent Authority to gather information from FFIs in the UAE.

Registrar's Role:

The DIFC is both required and empowered to collect information needed to fulfil the intergovernmental obligations of FATCA. Article 5 of UAE Federal Law No. 8 of 2004 requires the DIFC to cooperate with international agreements to which the UAE is a party. Article 8(3) of the DIFC Companies Law requires the Registrar to assist the UAE in complying with any international treaty or other agreement. Article 127A of the DIFC Companies law empowers the Registrar to require any person incorporated or registered by the Registrar to produce information needed to, among other things, comply with an international agreement.

In addition, on 3 June 2013, the Governor of the DIFC signed a Memorandum of Understanding with the UAE Ministry of Finance which named the DIFC Registrar of Companies as the DIFC's contact point for any international tax agreement entered into between the UAE and another country. FATCA is an example of such an agreement.

The FATCA reporting process will flow from FFIs to the Registrar on a form prescribed by the US government. The Registrar will then forward the data to the Ministry of Finance, who will consolidate it with data from federally-regulated FFIs and send it on to the US Treasury. The DIFC's IT personnel have been working with their counterparts at the federal financial regulators and the Ministry of Finance to ensure that each of them will be providing the same form and format. The reporting form will be available on the Registrar's website at a time agreed and instructed by federal officials.

The Ministry of Finance is expected to issue additional guidance that will be applicable to all FFIs in the UAE, including those regulated by the Central Bank, Securities and Commodities Authority, Insurance Authority, the DIFC and any other free zone. However, FFIs should keep in mind that the obligations created by FATCA are imposed on FFIs by US Federal Law, and the Registrar is not authorised or qualified to interpret or give private legal advice regarding a foreign law. If you have questions regarding whether or how FATCA applies to you, you are encouraged to seek advice from counsel or others who are qualified to give such advice.

Further instructions will be circulated as soon as the reporting framework is in place, and the guidance will be made available to DIFC entities as soon as it is finalised by the Ministry of Finance.
5 February 2014
ROC Answers Queries on the Regulatory Status of Star Capital (DIFC) Limited

ROC Answers queries on the regulatory status of Star Capital (DIFC) Limited

Dubai, UAE, 05 February 2014:

The Registrar of Companies office (ROC) has recently received enquiries concerning the regulatory status of Star Capital (DIFC) Limited.

Star Capital (DIFC) Limited was licensed by the ROC on 2 January 2014 as a non-regulated entity to undertake proprietary investments utilizing its own funds (as opposed to utilizing third party’s funds) in or from Dubai International Financial Centre (DIFC).

Star Capital (DIFC) Limited was previously known as MAC Capital Limited was incorporated by the ROC on 7 November 2007 under registration and commercial licence number CL0496. It was also licensed by the DFSA on 27 November 2007 to provide the following financial services: Dealing in Investments as Principal; Dealing in Investments as Agent; Arranging Custody; Arranging Credit or Deals in Investments and Advising on Financial Products or Credit (“DFSA Licence”).

On 27 October 2013, the DFSA withdrew the DFSA Licence of MAC Capital at MAC Capital’s request, and from that date, MAC Capital was no longer licensed to provide financial services in or from the DIFC. The status of the commercial licence for MAC Capital Limited issued by the ROC was inactive until 2 January 2014 when MAC Capital changed its name to Star Capital (DIFC) Limited, and also changed its shareholding and its activities to the non-regulated activity of proprietary investments.

Please refer to the Alert issued by DFSA on the following link regarding Star Capital and MAC Capital:

http://www.dfsa.ae/Alerts/DispForm.aspx?ID=91

If you have any queries about the type of activities that DIFC-incorporated firms carry out in or form the DIFC, you should direct your enquiry to the DIFC Authority on +971 4 362 2222.

If your enquiry is about the status of a regulated entity and about the type of activities that DFSA licensed firms can carry out in or from the DIFC, then you should direct your enquiry to email –info@dfsa.ae

If you have a complaint about a firm in relation to financial services activities being conducted in or from the DIFC then you may direct your complaint to the DFSA Complaints function by http://www.dfsa.ae/Pages/Complaints/Complaints.aspx