Closing a company in the UAE involves multiple legal, financial, and government procedures. We provide full end-to-end Trade License Cancellation support, ensuring your company is properly liquidated with no future liabilities.
Steps Involved in Trade License Cancellation
- Newspaper Advertisement (45-Day Notice Period)
- Publish the liquidation notice in a UAE-approved newspaper.
- Mandatory 45-day waiting period for any objections.
- Notary Public Liquidation Procedures
- Preparation of Board Resolution for liquidation.
- Appointment of the liquidator.
- Notarization of liquidation documents through Notary Public.
- Visa Cancellation
- Cancellation of all employee visas.
- Cancellation of investor/sponsor visas.
- Updating immigration records.
- NOC from Immigration (GDRFA)
- Obtain the NOC ensuring no pending liabilities with immigration.
- NOC from MOHRE
- Clear all employee/labour files.
- Obtain MOHRE NOC for final cancellation.
- Submission to DED
- Submit liquidation reports and government clearances.
- After the 45-day advertisement period, apply for final license cancellation.
- Final Cancellation Certificate
- Receive the official Trade License Cancellation Certificate from DED.
AUDITING SERVICES (Mandatory for Company Liquidation)
- During the liquidation process, an audit report is required to verify the company’s financial position. We provide professional auditing services to meet all DED and legal requirements.
Total Cost: AED 12,500 – AED 15,000
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- Cost depends on:
- Company size
- Transaction volume
- Number of partners
- Pending liabilities
Required Documents for Auditing
To start the audit report, the following documents are needed:
- Trade License copy
- Memorandum of Association (MOA)
- Last Ejari / Tenancy Contract
- Partners’ passport copies
- Visa page copy (if available)
- Emirates ID copy
- VAT Certificate (if issued)
- Company email ID
- Company phone number
- Last financial statements (if available)
How It Works!
A fast, simple, and fully online process from start to finish.
Apply for Trade License Cancellation Online
Apply for Trade License Cancellation online today with amercenters.ae and enjoy a smooth, secure, and fast visa process from anywhere in the world.