Questions & Answers
How to cancel a trade license
My trade license expired and I couldn't renew it for the last two years because of a loss in my business.
Can I cancel my license? What is the procedure for that?
Please guide!
Yes, you can liquidate your company and for that, you need to follow a certain process.
Hope all partners are ready for that, then it's easy and less expensive.
You also need to appoint and audit your company accounts. The resolution of the company needs to be submitted to the Department of economic development.
You may contact me directly via phone or email for further consultation.
Dear Client,
Good day!
If there is more than 1 partner, you need to call for a Board Meeting and pass a resolution. And then, go for liquidation of the company, prepare the audit report of the company, and we will complete the procedure for liquidation for you.
For further assistance, please feel free to contact us via phone or email.
Thank you!
