As your business expands and your structure changes, you would need to modify your license. You can always perform different types of amendments on your valid business license before or during the time of renewal.
The UAE regulatory requirements dictate that all companies established in the country must annually renew their licenses to continue their business activities and operation.
License cancellation occurs when you are closing down your business. Applicable government entities must be informed of this decision to stop incurring fees and fines upon your license.
The Amendments need to reflect the change of ownership of the company, stating the names, addresses, and shareholding of all shareholders after the transfer. The Amendments must also be signed by each shareholder, confirming their agreement to the amended documents.
Yes, we will gladly prepare and file the necessary amendment documents for your company.
You would need to file for an amendment if you need to change the information included in your incorporation documents.
Other types of amendments are:
It depends on the situation. You may contact us for consultation.
Yes, most jurisdictions impose penalties for late renewals.
No, you must submit the amended lease first before the renewal service request is processed.
No, it is not required during license renewal.
No, because the board resolution required needs to be originally signed by all partners/shareholders together with the complete set of original company documents to initiate license cancellation.
Yes, you may refund your E-Channel once the clearance letter is issued by the authority. It will take approximately 10 days and the amount will be refunded either in cash, check, or through bank transfer.
The branch as well will be dissolved.
You may begin with the investor visa cancellation after you’ve made the license cancellation application.
Yes, you will be given 30 days after residency visa cancellation.
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