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:

 

 Board Resolution – Appoint a liquidator via notarized resolution

Application Filing – Submit the trade license cancellation request

Visa Cancellations – Clear employee visas & immigration docs

Newspaper Ads – Publish liquidation notice in two newspapers

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

Board Resolution – Appoint a liquidator via notarized document

Application – Submit official cancellation request

Visa Cancellations – Clear all employee visas

Public Notice – Publish liquidation notice in 2 local newspapers

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

⏳ Timeline: Typically takes 40–60 days.


 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

GULLIVER BUSINESS

Starting A Business In Dubai Has Never Been Simpler! We Offer Complete A To Z Pro Services, Giving You A Clear And Straight forward Path To Setting Up Your Business In Dubai. Our Goal Is To Make The Process As Smooth And Hassle-free As Possible. Our Team Of Expert Business Consultants Is Here To Support Startups Across Dubai Mainland, Free Zones, And Offshore Setups Throughout The UAE. We Also Assist With Opening Business Bank Accounts Through Our Strong Banking Network, And We Provide Digital Marketing And CRM Solutions To Help Grow Your Business. When You Choose To Set Up Your Company With Us, You’ll Get A Full-service Package—including Step-by-step Support Through The Immigration Process To Secure Your UAE Residence Visas. With Years Of Experience In Company Formation, Free Zone And Offshore Setups, Trade Licenses, Pro Services, Office Space, And Visa Processing, We’re Your One-stop Partner For All Your Business Setup Needs.

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Gulliver Documents Clearing made starting my business in the UAE a breeze. They handled all the paperwork and legalities efficiently, letting me focus on my business. Highly recommended!

John M., Entrepreneur

Gulliver helped me secure a trustworthy local sponsor. Their guidance made the process simple and stress-free. Great service!

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The team at Gulliver made my Golden Visa application seamless. They took care of everything, ensuring a quick and smooth process. I highly recommend them!

Sarah L., Investor

Gulliver’s virtual office service provided a prestigious address and excellent support. Perfect for freelancers or small businesses!.

Ahmed K., Business Owner

Renewing my trade license with Gulliver was effortless. They handled everything on time and with precision. Highly reliable!

Laura .P Business Owner

Gulliver made Freezone company formation easy and quick. Their expertise in regulations was invaluable. Highly recommend!

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