Questions & Answers
Questions & Answers
6 available 6 • View allHow to cancel a trade license while a partner is unresponsive?


3
Q: Hi,
My husband has started a company with a partner. Now it's time to renew the license but the problem is that his partner is silent and is not replying or answering any calls.
We want to cancel the license.
What to do?



Dec 22, 2020
1776
How to cancel a trade license after business failure
3
Q: I hold a professional trade license with a 15% local partner. However, I have closed the company in early 2019 and have not renewed the trade license for the past two years.
The business was not good and hence I did not pay the sponsor fees for two and a half years. I want to close the company officially and also cancel all the visas linked to the company.
The local sponsor is not cooperating and he is asking for the past three years' sponsor fees, which I don't have. Please guide me on how to cancel and return to India without any legal hassle with the local sponsor.
Please advise!

Oct 27, 2019
1445
How to cancel a trade license when the agent asks for money?

1
Q: Hi there,
I made a trade license in Ajman. It was issued on 12 February 2020 and then the next month lockdown happened. I couldn't do any business and I lost all my savings for paying rent and expenses.
I couldn’t renew my license. So I am doing a job now again but my visa is still under that license I want to cancel the license now. The Agent is asking me to sponsor money for 2 Years. I didn't even use the license for a month.
Please suggest or guide me with the situation.
Thanks & Regards,


Nov 27, 2022
199
How to cancel a license if the local partner is not responding?
2
Q: Hi,
How can I cancel the license if the local partner is not responding?

Jan 8, 2023
204
Closing an inactive sole establishment company and bank account without fees

2
Q: Dear Sir/Madam,
Greetings!
I registered a company in Dubai a few months ago but no activities took place and my license expired six months ago.
I also have a business bank account.
Is it possible to close the company and the bank account without incurring any fees or charges?
My company is a sole establishment.


Feb 13, 2023
293
Does my company need liquidation if the trade license expired eleven years ago?




2
Q: Hi,
I established a company in Sharjah Hamriah Free Zone in April 2012. My company's trade license expired eleven years ago (2013), and I never renewed it.
I left the UAE before my visa expired (July 2015).
Do I still need to liquidate the company?





Apr 5, 2024
140
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Laws & Regulations
1 available 1 • View allFederal Law No. (2) of 2015 On Commercial Companies 15
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What happens to the company and its operations if one of the partners is deceased? 0
X Real Estate LLC is a newly formed LLC company in the mainland (DED) with 10 partners, 9 of them Indians and one Pakistani.
As per the new provisions, the company is owned 100 % by expatriate residents. The company’s business is buying and selling real estate in the UAE.
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What happens to the company and other partners, when one partner dies with or without a will?
Can the remaining partners continue to operate the bank account or it will be frozen?
Are the operations of the company frozen? Can the remaining partners carry on the business as usual, buy, rent, and sell the properties?
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View allHow to liquidate a free zone company after the death of one partner 0
I am a company owner In Shams free zone of 50 per cent share and have a partner visa. My partner was a Russian who went to Russia and died.
When I went to the free zone to cancel my visa and close the company, they have asked me to get his attested death certificate and NOC from his heirs.
The problem I am facing is his family doesn’t want to give the death certificate nor they want to give NOC. Now my resident visa validity is over and I am on fine every day.
Neither the free zone is cooperating nor the partner's family. What is the other way I can cancel my visa and close the company?
Can someone guide me, please?
Apr 19, 2021
690
How the objection of a client be dealt with after being notified for termination by DLD? 0
I have been notified by DLD that I am in breach of an off-plan sales agreement, and the developer wishes to terminate the agreement.
The date on the notice is March 9, 2021, and I received it from the developer on March 11, 2021. The notice says I have 30 days "from the date of being notified" to make the outstanding payment.
On the termination notice from DLD, a list of objections is present. One of the objections states that the developer must hand over the final SPA to me.
In this case, I have not received the final SPA from the developer. I made an objection in writing to the DLD pointing this fact out and sent it via email, and received a confirmation of the same from DLD by return e-mail on April 6, 2021.
30 days from March 9th is April 8th, or from March 11th is April 10th. Does the developer have to respond to my objection before the DLD will allow them to terminate the agreement?
In this case, will the time I have to make the payment be extended by any period?
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Closing a business while the local service agent is not reachable 0
Hi,
We have a professional services license (2 partners) + 1 local service agent registered with DED, Dubai.
The partners wish to close the business because of unavoidable circumstances. We wish to proceed with all the necessary paperwork for cancellation.
Unfortunately, the local service agent is not available. We have been trying to connect to him multiple times but have not been able to reach him.
The due date for the renewal of the company is coming up and we want to proceed with all the paperwork for cancellation prior to that.
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Returning to the UAE to run business after being convicted with a crime 0
Hi,
I want some information regarding my uncle. He was arrested in November 2015 and was in prison until 13 June 2016 when he was deported to Pakistan.
The reason for the arrest was that my uncle had his own business in Sharjah and he was involved in a case where his employee accused him of attacking him and other allegations. He was arrested and convicted.
He needs to reenter the country as he has his business in Sharjah but I believe he is blacklisted/banned. How can I find out if he is blacklisted/banned and how can it be removed to allow my uncle to reenter the country and take over his business?
Is there any way of helping to resolve this issue?
I know that if he enters on a visa, he could be arrested at the airport, and don’t want that to happen.
Thank you!
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