Employee incentive programme registration

This service enables public joint-stock companies to apply for CMA’s approval of their employee incentive share schemes

Service Process


Conditions & Requirements

The capital of the issuing company shall be fully paid, the net shareholders’ equity shall not fall below the paid-up capital, and the market value shall not fall below the nominal value of the original shares.

The volume of the incentive shares issued in one program shall not exceed 2.5% of the paid-up capital

The general meeting of the company should have passed a special resolution approving the employee share incentive program

There should be a minimum period of three years between once incentive program and another, provided that the total number of shares issued for all programs—already launched or to be launched by the company—does not exceed 10% of the paid-up capital


Service completion duration

Application (Processing) Time
30 Mins

Service Duration
10 Days


Service channels
  1. SCA Head Office
  2. SCA Dubai Branch

Target audience
  • Local public joint-stock company

Service Code

370-001-011-016


Required Documents

  1. An application addressed to the CMA to approve the launch of an employee incentive program through capital share allocation,

  2. The founding regulations of the employee share incentive program allowing employees to acquire shares in the issuing company. Form (EN-G1).

  3. An undertaking by the board to disclose stock option program details to CMA, including maturities and exercise dates, and not amend the program without SCA and general meeting approval

  4. A draft of the special resolution clause to be presented to the general meeting for consideration of the proposal to launch the employee incentive program (capital increase shares).

  5. A draft of the disclosure statement (presentation) to be presented to the shareholders during the general meeting, including a summary, key terms and conditions of the program

For assistance, get in touch through

Call: 800 SCAUAE (722823)

Working Hours

  • Monday-Thursday: 7:30 AM - 3:30 PM
  • Friday: 7:30 AM - 12:00 PM
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