Cancelling your trade license or liquidating your company is a serious decision to take and one that requires expert support throughout the process. There are several steps – some straightforward, others complicated such as obtaining NOCs from various governmental entities. An error or omission could result in significant fines – something you don’t need when shutting down your company.

Business dynamics are ever-changing, and companies may find themselves in situations where they need to close or restructure their operations. Whether it's due to strategic decisions, market shifts, or regulatory compliance, the process of license cancellation demands a thorough understanding of Dubai's legal framework.