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To freeze your license you will be required to issue a letter on corporate letterhead requesting to temporarily freeze the license, stating the reasons for freezing the license and providing justification for such request.
Beside above, how can I cancel my trade license in UAE?
- Fill out the registration and license form.
- Board decision to cancel/write off/liquidate the company.
- Cancelation of the residency, or proof that the residency is not linked to the canceled license to cancel sole proprietorship of non-GCC citizens.
You asked, how much does it cost to close LLC company in Dubai? What you will need to do, just simply follow the instructions, collect all documents and pay relevant fees. Charges of registration authorities for liquidation and de-registration vary and can be as little as AED 1,500 and as much as AED 8,000 plus.
Also the question is, how do I close my free zone company?
- Step One: Signed Board or Shareholder Resolution.
- Step Two: Official Notification to the Freezone Authority.
- Step Three: NOC’s and Clearance.
- Step Four: Employees and Sponsorship.
- Step Five: Official Announcement.
- Step Six: Termination Confirmation.
You asked, how can I check my Dubai trade license online?
- For Dubai companies, you can check online on this link: CLICK HERE and click on “ Search License Information”
- For Sharjah you can visit: SEDD.AE on “Search for License”
- For Abu Dhabi you can visit: ADBC.GOV.AE.
- Submit the Documents Required for the Visa Cancellation Process.
- Inform the GDFRA Branch about your requirements.
- Pay a Cancellation Fee for your Dependents.
- Get an Application from GDRFA.
- Visit the GDRFA Head Office.
- Return your Emirates ID Card.
How can I cancel my trade license in Abu Dhabi?
- Apply through the available channels.
- Fill out the required fields.
- Receive notification for approval or rejection.
- Make a newspaper announcement (in case of liquidation, it requires two newspapers announcements by a legal liquidator)
- Pay the required fees.
- Recieve Cancellation Statement of the Economic Licence.
How do I close my LLC in UAE?
To close an LLC in the UAE , you must firstly ensure that either the shareholders of the company or or their Power of Attorney ,who is approved and attested to sign the Shareholder Resolution to close the company, are available in the UAE A Board Resolution or Shareholder Resolution is to be passed by all shareholders …
How do I close a company in Dubai?
- Fill in the Registration & Licensing Application form through approved channels.
- Submit the Trade Licence Copy.
- Cancel the Establishment Card at the Ministry of Human Resources and Emiratisation.
- Collect business-activity specific approvals.
What happens to employees when a company closes in UAE?
If the company you work for closes, you are still entitled to outstanding holiday pay and gratuity. The Ministry of Labour would need to be involved though. You are allowed to transfer sponsorship to a new employer; but if you can’t find a new job your visa will be cancelled and you will have to leave the country.
What is the procedure to close a company?
- Sell the Company.
- Compulsory Winding Up. Filing of a petition. Statement of Affairs of the Company. Advertisement for at least 14 days. Proceedings of the Tribunal.
- Voluntary Winding Up.
- Defunct Company Winding Up.
How do I close a company?
- Decide to close. Sole proprietors can decide on their own, but any type of partnership requires the co-owners to agree.
- File dissolution documents.
- Cancel registrations, permits, licenses, and business names.
- Comply with employment and labor laws.
- Resolve financial obligations.
- Maintain records.
How do I cancel my visa if my business is closed?
If your employer refuses to cancel the visa you can visit Tawafoq center and lodge a complaint. You have 30 days grace period to renew or cancel your employment visa. If you do not want to continue your services with your employer, you may submit your resignation by giving him one month notice.
How do I renew my DED license online?
- On Business Dashboard page, under My Transactions, click Renew License.
- In the License renewal information section, in the License number that is to be renewed text box, type the number of the license that you want to renew.
- Click Renew.
What is DED license?
The eTrader licence from Dubai Economy (DED) allows UAE nationals and GCC nationals residing in Dubai to practise business activities through various social media networks. The eTrader licence can be registered under the name of a single owner only.
How do I get a DED license?
The DED Trader license is issued electronically wherever you are by visiting dedtrader.ae and following simple steps; create username and password; enter address details, and social media accounts for the project/business; select the activity and trade name and finally pay and receive the license electronically.
Can I cancel UAE without visa?
Visitors who got approved UAE visas sometime getting confused whether do they need to cancel this unused valid visa if in case they are not travelling UAE due to different reasons. Actually, the answer is they don’t need to cancel the visa.