HOW TO CANCEL A TRADE LICENSE IN UAE

Looking to shut down your business operations in Dubai? Whether you're stepping away from the market or shifting focus, canceling your trade license is a legal must—and we're here to make it smooth and stress-free-

WHY CANCEL PROPERLY?

Failure To Cancel Your Trade License Can Lead To Hefty Fines, Legal Issues, And A Poor Business Record. Letting It Expire Isn’t Enough—the Authorities Will Initiate De-registration, Which Can Complicate Things Down The Line.

CANCELLATION STEPS MADE SIMPLE:

 

  1. Board Resolution – Appoint a liquidator via notarized resolution

  2. Application Filing – Submit the trade license cancellation request

  3. Visa Cancellations – Clear employee visas & immigration docs

  4. Newspaper Ads – Publish liquidation notice in two newspapers

  5. Final Clearance – Get approvals from banks, DED, utilities & immigration

 Processing Time: 40–60 days (depending on license type)
 Cost: AED 1,020 for cancellation + AED 2,520 for company dissolution.

 STEP-BY-STEP TRADE LICENSE CANCELLATION PROCESS

For Sole Proprietorships & Establishments:
  1. Apply for cancellation through DED

  2. Obtain clearances from:

  3. Ministry authorities

  4. Banks

  5. Immigration

  6. DEWA or utility services

  1. Board Resolution – Appoint a liquidator via notarized document

  2. Application – Submit official cancellation request

  3. Visa Cancellations – Clear all employee visas

  4. Public Notice – Publish liquidation notice in 2 local newspapers

  5. Final Clearance – Receive approvals from DED, immigration, utilities, and banks

⏳ Timeline: Typically takes 40–60 days.


 What Does It Cost?

ServiceCost (AED)
Trade License Cancellation1,020
Company Dissolution2,520

Conditions to Keep in Mind:

  • Clear all dues & cancel visas before applying

  • Discharge liabilities to partners or creditors (for shareholding companies)

  • Maintain goodwill for smoother re-entry in the future


License Freezing Option Available!

Not ready to cancel completely? You can freeze your license for 1–3 years (if no employees or legal disputes). A great option if you’re only pausing operations!


Closing Free Zone Companies?

We handle that too—whether it’s:

  • Summary Winding Up (no liabilities)

  • Creditor Winding Up

  • Court-Ordered Bankruptcy