License Freezing
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License freezing allows businesses to temporarily suspend their operations without permanently canceling their trade license. This option helps companies manage short-term challenges while retaining the ability to resume activities later. Freezing a license ensures compliance with local regulations and avoids the costs of re-establishing a new license. Once the license is frozen, the company cannot carry on any operations as it is illegal. However, the owner of a frozen license or a shareholder can start a new business by applying for a new license under their name.
At EMARAH CORPORATE SERVICES, we assist you throughout the license freezing and revoking process. We handle the application, fee payment, and liaise with governmental entities to ensure a smooth and efficient procedure.
Benefits
- Save License Cost
- Maintain Regulatory Compliance
- Temporary suspension of business
- Preserves Business Identity
- Easily Resume Operations After Revoking