License Cancellation
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License Cancellation
Seamless Trade License Cancellation Across the UAE: Compliance Made Simple.
Service Overview
Efficient and Compliant Trade License Cancellation Across the UAE
Closing a business in the UAE requires formal cancellation of your trade license to ensure legal compliance and avoid future liabilities. Our Trade License Cancellation services provide end-to-end support to dissolve your business efficiently and in accordance with UAE regulations across all emirates.
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What’s Included
Our Trade License Cancellation services encompass:
Initial Consultation: Assessing your company’s status and advising on the appropriate cancellation approach.
Preparation of Board Resolution: Drafting and notarizing the resolution to cancel the trade license.
Clearance Certificates: Obtaining necessary clearances from relevant authorities, including:
Federal Tax Authority (FTA)
Ministry of Human Resources and Emiratisation (MOHRE)
General Directorate of Residency and Foreigners Affairs (GDRFA)
Utilities and telecommunication providers
License Cancellation Application: Submitting all required documents to the relevant licensing authority to cancel the trade license and officially close the company.
Final Cancellation Certificate: Securing the official certificate confirming the trade license cancellation.
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UAE Regulations/Compliance
Understanding Trade License Cancellation Requirements in the UAE
Trade license cancellation in the UAE is governed by various regulations, including Federal Law No. 2 of 2015 on Commercial Companies. Key requirements include:
Shareholder Resolution: A formal resolution must be issued by the company approving the license cancellation.
Clearance Certificates: Clearances are required from various authorities, such as the Federal Tax Authority (FTA), Ministry of Human Resources and Emiratisation (MOHRE), and utilities providers.
License Cancellation Application: Upon completion of the above steps, the licensing authority will issue a cancellation certificate, confirming the closure of the company.
Required Documents
To initiate the trade license cancellation process, please provide:
Copy of the company's trade license
Memorandum of Association (MOA) and any amendments
Shareholders' passports and Emirates IDs
Notarized board resolution to cancel the trade license
Clearance letters from relevant authorities
Visa cancellation documents for employees and partners
Tenancy contract cancellation (Ejari)
Why Choosing us?
Why Businesses Trust Honaffa for License Cancellation?
Partner with us to navigate the complexities of life in the UAE, ensuring a smooth and compliant experience. Contact us Now.
Process (Step‑by‑Step)
How It Works?
Simple steps, full support — from start to finish and beyond,
Reach out through our website, WhatsApp, phone Call, or email us what documents you need processed.
24/7 Free Consultation
Our experts will guide you through the requirements, pricing, and timeline for your case.
We Handle Everything
We collect your documents, fill out all required forms, and submit them to the right authorities.
Approval & Verification
We follow up with UAE ministries and departments to get your approvals finalized.
Receive Your Docs
You receive your cleared, stamped, or attested documents via delivery or in person.
Streamlining Your License Cancellation in 5 Simple Steps
Our Streamlined License Cancellation Enrollment Process
Initial Consultation
Discuss your specific trade license cancellation needs.
Document Preparation
Assist in gathering and preparing all necessary documents.
Clearance Acquisition
Obtain necessary clearances from relevant authorities.
License Cancellation Application
Submit all documents to cancel the trade license and officially close the company.
Final Cancellation Certificate
Secure the official certificate confirming the trade license cancellation.
Frequently Asked Questions
FAQ
Clear answers to the most common questions we receive.
License Cancellation
Trade license cancellation involves canceling the trade license and officially closing the company, while company liquidation includes settling debts and distributing assets before closure.
The duration varies depending on the company’s structure and compliance status but typically ranges from 2 to 6 months.
Yes, failure to follow the proper cancellation process can result in fines, legal liabilities, and restrictions on future business activities in the UAE.
No, all debts must be settled, and necessary clearances obtained before a company can officially cancel its trade license.
Yes, all employee and partner visas must be canceled as part of the trade license cancellation process, and necessary clearances obtained from the relevant authorities.
This FAQ section is designed to provide clear and concise information to users seeking details about License Cancellation in the UAE. For further assistance or specific inquiries, don’t hesitate to get in touch with our compliance team, or leave a question, and we will answer shortly.
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