Renewal of a local investment fund registration Back Service Channels Total Service Requests 42 For inquiries call us at 800 SCAUAE (722823) Service Code 370.01.047.047 Classification G2B Sub Service Type Auxiliary Priority Service No Working Hours Monday - Thursday7:30 AM - 3:30 PMFriday7:30 AM - 12:00 PM Export to PDF Change Page View Service Description This service enables Local investment funds to renew their registration with the Authority Sector Market Operation's Sector Department/ Section Issuance and Registration Department Service Audience Local Mutual Fund Service Duration Instant Service Fees -3000 AED public or private fund-5000 AED umbrella -1000 AED secondary fund Service steps & procedures Log in via the link sent to the email registered with the Authority or via the following link: (SCA CORE System). Review the Investment fund data. Pay the renewal fee. You will receive a receipt of the electronic registration renewal certificate. Requirements & Documents TERMS AND CONDITIONS: The investment fund must be registered with the Authority. REQUIRED DOCUMENTS: NOTHING. Frequently Asked Question 1 When can I renew the fund's registration? At least one month before the end of each year. 2 What is the renewal mechanism? You will receive an email with a reminder via email registered with the Company with the Authority, including a link to log into the electronic renewal service. 3 Can I get the payment invoice and receipts for the renewal fee? You can do this through the electronic service and print both the invoice and the payment voucher. 4 How can I obtain the certificate? The user can download a copy of the certificate from the company file in the system immediately after completing the renewal process. 5 How can I be sure that the renewal process has been completed successfully? You will receive an email confirming the success of the renewal process. 6 Can I pay the fees for more than one fund at once? Yes, the e-service allows paying renewal fees for more than one fund at once. 7 What should I do if I do not want to renew the fund for the next year? The local fund management company must apply to cancel the registration of a local fund.