Cancellation Process of Trade License in Dubai
Conditions Required for the Cancelation Clearance from government bodies required.
Government bodies must know that you are not in business activities, it will prevent you from penalties and other problems.
Shareholding companies must clear all liabilities of creditors and others for the protection of their shares.
Involvement of Government Bodies Immigration department approval.
Relevant Ministry Approval
Govt. Bodies Involve: Closing of bank account.
water and electricity authority Clearance Approval.
Process for Cancelling Trade License (for all companies)
Cancellation
Application
Publication
Drafting of resolution
Clearance
For Which Type of Companies Liquidator Appointed
Simple Limited Partnership
General Partnership Limited Liability Company
Private Joint Stock Company Public Joint Stock Company
Types of Closures for Freezone Summary Winding up
Bankruptcy
Creditor winding up
Document Needed for Cancelation
● License Copy ● Copy of Memorandum of Association (MOA) with complete alterations. ● Power of Attorney (if you have any) ● Resolution of Shareholder ● Emirates ID (EID) and Passport of Shareholders ● Filled Application Form for trade cancellation
How Business Consultant Helps on Cancellation Process
Business setup consultants are aware of all the procedures and practices followed in company trade license cancellation. Hire a business setup consultant for a hassle-free service.
OBK Business Centre
Contact Us:
Level 20, 48 Burj Gate Tower Dubai, UAE, P.O. BOX 36615 dubai.burjgate@obkbc.com Mobile number: +971 (0) 52 640 2550