Request for Cancellation of Trade License

Service Description

It is a service requested by the customer to cancel the trade license of a company or branch, whereby it cannot be reactivated again. Prior to that, the customer should undergo other cancellations with various related local and federal government entities.

Beneficiary

Business community
Public Relations Officer and Company Incorporation Consultant

Service Structure and Type

Supplementary
Procedural

Service Delivery Times

Service Centers

Expected Service Completion Time

10 minutes/Regular

Expected Waiting Time

7 minutes

Service Fees

License Cancellation Fee: AED 500
Knowledge Dirham fee: AED 10
Innovation Dirham Fee: AED 10
Cancellation Announcement Fee: AED 500
Company Dissolution Fee: AED 2,000
Deregister of a business company Fee: AED 500

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Service Provision Channels

Service Centers

Service Requirements

Board decision to cancel/write off/liquidate the company
Company de-registration decision from the Ministry of Economy for companies registered there, to cancel branches of foreign companies or branches of free zone companies.
Book from the auditor
Original advertising newspapers
Company final budget