الإجراءات المطلوبة لحل شركة وإلغاء تأشيرة بالإمارات

As a partner, you can start a new company without any hurdle in the free zone.

For your current company, you may approach the court and liquidate it or you may take your share out of this company.

for visa cancellation, you should approach the Immigration Department.

Dear Sir

Issues:

License expired: If the license is not renewed, fine will be applicable, the company will be blacklisted and issuing of visas will be blocked especially for the local.

MD on visit visa: The manager has to be on the company's visa. You need to let us know how many visas were issued. Also, let us know the number of shareholders.

Cancel visa: You can cancel the visa if you are the owner/ investor.

Apply for a free zone visa: Yes, you can after the cancellation of the current one.

Liquidation: Yes, is it mandatory to renew or liquidate the company.

Visa vs Shareholding: As a partner, you can cancel the visa and form a new company. Your current company will not die automatically and the fines will keep on piling up.

Cancellation of a visa is different from a transfer of shares. Your visa may be cancelled but you will continue to be seen as the shareholder in the records of the Economic Department Registrar, thus liable for the fines.