License Cancellation
Professional license cancellation services for your business
About License Cancellation
Cancelling your trade license or liquidating your company is a serious decision to take and one that requires expert support throughout the process. There are several steps – some straightforward, others complicated such as obtaining NOCs from various governmental entities. An error or omission could result in significant fines – something you don't need when shutting down your company.
Important Notice
Improper license cancellation can lead to legal liabilities and future complications when establishing new businesses in the UAE. Ensure proper guidance.
Cancellation Process Overview
Initial Assessment
We thoroughly assess your current business status and outstanding obligations before proceeding with cancellation.
Document Preparation
We prepare all necessary documentation including application forms, letters, and supporting paperwork.
NOC Acquisition
We obtain all necessary No Objection Certificates from various government departments and banks.
Final Cancellation
Submission of all documents to authorities and finalization of the cancellation process with official certificates.
Requirements
Get clearance from the government authorities to avoid incurring any fines or penalties on your license when it is not renewed upon its expiry.
Inform relevant authorities that you are no longer in the business to avoid incurring any fines or penalties on your license when it is not renewed upon its expiry.
Discharge your liabilities towards creditors and partners if you are in a shareholding company and protect your interests and shares.
Put your goodwill and business reputation in perspective if you decide to start a business again.
Professional Cancellation Service
Our experts ensure a smooth and compliant closure of your business
We are always ready
