License Cancellation
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License cancellation is the process of formally closing a business and discontinuing its trade license. This step is essential to ensure that your business is officially deregistered and compliant with local regulations, preventing future liabilities and penalties. Properly handling license cancellation helps maintain a clean business record and fulfills all legal obligations.
The complexity of the cancellation process depends on the type of license. Errors or omissions can result in significant fines, which are best avoided when shutting down your company. Contact EMARAH CORPORATE SERVICES for expert guidance and seamless execution of license cancellation procedures from beginning to end.
Types
- Limited Liability Company Liquidation
- Sole Establishment Cancellation
- Civil Company Cancellation
- Subsidiary Company Cancellation
- Branch Company Cancellation
- Partnership Company Liquidation
- Free Zone Company Cancellation
- Offshore Company Cancellation
Process
Review Requirements based on License Type
Minutes of Meeting (if required)
Newspaper Publication (if required)
Audit Report (if required)
Cancel all visas associated with the company
Submit Application to the relevant authorities
Obtain Cancellation Certificate
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