How to Cancel or Deregister a Dubai Business Trade License
Step One:
- A copy of the trade license
- The supporting documents (that the shareholder has been outside the UAE for more than 6 months, or that the shareholder’s whereabout can’t be identified) shall be obtained from GDRFA.
- The Establishment Card shall be cancelled with the Ministry of Labor.
- Declaration and undertaking signed by the shareholders that there are no liabilities on the company and that they shall assume full responsibility for the correctness thereof.
- An Advertisement in an Arabic newspaper for one day only provided that the advertisement shall allow creditors a period of 15 days following the advertisement publication date.
- Payment to obtain the company's dissolution certificate.
Step Two:
- riginal newspapers containing the advertisement shall be submitted.
- nt to obtain the license cancellation certificate.
The costs depends from type of trade license and the ownership structure.