How to cancel a commercial registration in Dubai

Canceling the commercial registration in Dubai requires following a set of specific steps to ensure that the process is completed correctly and to avoid any legal problems. Here are the main steps to follow:

1. Preparation and preparation:
   • Review financial obligations: Ensure that all debts and financial obligations related to the company are settled.
   • Preparing the required documents: This usually includes a copy of the commercial license, a no-objection certificate from the relevant authorities, and any other relevant documents.
2. Notifying government departments:
   • Request to cancel the license: Submit a request to cancel the commercial license through the electronic services portal of the Department of Economic Development (DED) or the competent authority that issued the license.
   • Deregistering tax: Deregister the company with the Federal Tax Authority (FTA) if it is registered.
3. Closing bank accounts:
   • Closing bank accounts: Contact the banks that the company deals with to close bank accounts and make the necessary arrangements.
4. Termination of lease and service contracts:
   • Cancellation of lease contracts: Notify the landlord of the closing decision and terminate the lease according to the terms of the contract.
   • Termination of service contracts: Stop any existing services or contracts such as electricity, water, and telecommunications.
5. Asset Liquidation:
   • Sale of Assets: Sell or liquidate the company’s assets in accordance with local laws.
6. Obtaining final certificates:
   • Submitting the application to the relevant authorities: After completing all steps, submit the application to the government authorities to obtain the final closure certificate.
7. Settlement of any legal dues:
   • Review tax dues: Ensure that all tax dues are settled and ensure that there are no pending legal issues.

By completing these steps, you can ensure that the Dubai Commercial Registration cancellation process is completed correctly. It is necessary to adhere to legal procedures to avoid any problems that may arise in the future.

The commercial registry in Dubai is an official document issued by the Department of Economic Development (DED) or the competent authority in the emirate, and reflects the registration of a business or company in Dubai. This register is considered a legal permit that enables individuals or entities to conduct business legally within the emirate. The basic functions of the commercial registry include:

1. Documentation and registration: The commercial registry records all information related to the company or commercial activity, including the company name, type of activity, address, names of owners or partners, and any other relevant details.
2. Legal Compliance: The commercial registration is proof of compliance with local laws and regulations related to the business, allowing the company to conduct its business activity legally.
3. Securing corporate rights: The commercial registry provides legal protection for the company, confirms its legal rights and ensures that its obligations are properly fulfilled.
4. Facilitating commercial transactions: The commercial register is required in many commercial transactions, such as opening bank accounts, applying for additional licenses, or contracting with partners and clients.
5. Special procedures: The commercial registry can also include details about the licenses required, authorized business activities, and details about the procedures to be followed for dealing with local authorities.

In Dubai, obtaining a commercial register is an essential step for anyone wishing to start a business, and it must be updated regularly to ensure that the information included in it is correct and to comply with all legal requirements.

To cancel the commercial registration in Dubai , you will need to submit a set of documents and documents that vary depending on the type of activity and the status of the company. In general, the required documents include:

1. Request to cancel the commercial registration: The cancellation request form that can be obtained from the Department of Economic Development (DED) or through its electronic portal.
2. Copy of commercial license: A copy of the company’s current commercial license.
3. Copy of the ID card: A copy of the Emirates ID card for the main officials or owners of the company.
4. Declaration of the absence of debts: A certificate from the bank or financial authorities stating that there are no debts or unpaid financial obligations.
5. Cancellation of tax registration: If the company is registered with the Federal Tax Authority (FTA), documents proving cancellation of tax registration must be submitted.
6. Certificate of Cancellation of Lease Contracts: Proof of cancellation of the lease contract for the office or shop, if there is an existing lease contract.
7. Certificate of Cancellation of Service Contracts: Proof of cancellation of service contracts such as electricity, water, and communications.
8. Asset Liquidation: Documents explaining how assets will be liquidated or sold, if the company owns assets.
9. Proof of payment of fees: Payment of the fees required to cancel the commercial registration, which may vary based on the type of activity and the status of the company.
10. Additional documents: In some cases, local authorities may request additional documents related to the type of business or its licenses.

It is important to contact the Department of Economic Development or consult a legal professional to ensure that all necessary documents are submitted and all specific requirements for canceling a commercial registration are properly met.

To cancel the commercial registration in Dubai , a number of requirements must be met and specific documents must be submitted to ensure that the process is completed correctly. Here are the main requirements:

1. Request to cancel the commercial register: Submit an official request to cancel the commercial register through the Department of Economic Development (DED) or the competent authority, whether via the electronic portal or in person.
2. Copy of commercial license: Provide a copy of the company’s current commercial license.
3. Copy of the ID card: Provide a copy of the Emirates ID card to the main officials or owners of the company.
4. Tax deregistration certificate: If the company is registered with the Federal Tax Authority (FTA), a document proving the deregistration must be submitted.
5. Proof of settlement of financial obligations: A certificate from the bank or financial authorities confirming the settlement of all debts and financial obligations related to the company.
6. Cancellation of lease contracts: Submit a certificate of cancellation of the lease contract for the office or shop, if there is an existing lease contract.
7. Cancellation of service contracts: Submitting documents proving the cancellation of service contracts such as electricity, water, and communications.
8. Liquidation of Assets: If the company owns assets, documents must be submitted explaining how these assets will be liquidated or sold.
9. Payment of fees: Pay any fees related to canceling the commercial registration, which may vary based on the type of activity and the status of the company.
10. Additional documents: In some cases, local authorities may require additional documents based on the type of business activity or licenses of the company.

It is important to follow up on the procedures with the Department of Economic Development or consult a legal professional to ensure all necessary documents are submitted and all requirements are complied with.

In conclusion, canceling the commercial registration in Dubai is a process that requires careful attention and familiarity with all relevant legal and administrative procedures. Confirming the settlement of all financial obligations, canceling tax registrations, and closing leases and services are essential steps to ensure the cancellation process goes through smoothly. It is necessary to submit all required documents accurately and follow the procedures approved by the competent authorities to avoid any legal or administrative problems that may arise in the future. By adhering to these steps, businesses and investors can complete their business closing in an orderly and efficient manner, reflecting their compliance with the laws and ensuring that their rights are properly exercised.

Frequently asked questions about canceling a commercial registration in Dubai