Does my company need liquidation if the trade license expired eleven years ago?

Dear Questioner,

Since your company’s trade license has expired and you left the UAE before your visa expired, yes, you need to t you follow the appropriate steps for company liquidation in the Hamriyah Free Zone.

Hi,

Yes, it is better to close it.

Dear Questioner,

It's advisable to consider liquidating your company, even though you left the UAE before your visa expired and the trade license expired in 2013.

The Sharjah Hamriyah Free Zone Authority (SHFZA) might impose fines for the non-renewal of the trade license for those eleven years.

There might be other complexities as well. So to be on the safer side. it will be better if you undertake the liquidation process.

Hi,

We advise you to liquidate to close any legal liability that might come out of this company.

We can assist you with the liquidation in a swift manner.

You can reach out to us via WhatsApp.

Dear Questioner,

It is necessary to know the type of company and review the company’s articles of incorporation.

In the event that the company is terminated, the reason for the removal of the termination must be referred to in the contract with the partners in the event that there is more than one partner, and this information must be clarified to us so that we can benefit you in a proper legal manner.