Q: How to remove a partner's name from the trade license in Dubai? Can you explain the procedures? We are 4 equal partners. I hold the POA… A: If you have a POA to sign on behalf of them on the memorandum and board resolutions, you can remove them without any court process…

Hi sir/madam, If you have a POA to sign on behalf of them on the memorandum and board resolutions, you can remove them without any court process. Kindly contact me via phone or email for further assistance.

How to remove a partner's name from the trade license in Dubai?

Questions & Answers

Questions & Answers

6 available 6 • View all

Removing a partner from a company in a Freezone and cancellation of his visa

Q: I have a company in Ajman Freezone. We are 2 investors (myself and a business partner). I wish to remove myself as an investor and cancel my visa. The trade license expired recently and there is a small outstanding amount to be cleared as well. How can I proceed with the cancellation of my visa?

Mar 22, 2021

1476

Removing a partner from the trade license due to being unreachable

Q: Partner Missing: In our civil company, one of the legal partners, holding 25% share, is outside the country since May 2013 and is unreachable. The local partner has 25% share and I (an ex-pat) have 50% share. Is there any way through which we can remove him from the trade license?

Mar 21, 2021

4636

Can a minor partner remove his name from the license?

Q: Hello, I need to shut down my partnership in Dubai. I am a minor partner in it with 10% of ownership. The major holder was not located in the UAE so without his approval, can I remove my name from the license?

Nov 4, 2021

381

How to remove my partner from the LLC trade license if he is out of the country for 14 years?

Q: My partner in the LLC trade license is out of the country for about 14 years and is unreachable. Is there any way through which we can remove him from the trade license?

Feb 27, 2023

1230

Removing a name from the license of an LLC company after resignation

Q: Hi, I am a partner and manager in an LLC company. However, the share in my name is not mine (it belongs to another investor). I have resigned from the company. The other partner has not removed my name from the license or returned the shares. Do I have any legal means to remove myself from this license?

Mar 9, 2023

130

Can a partner be removed by a majority vote of the remaining 75% shareholders?

Q: Dear Sir/Madam, We are four shareholders (25% each) in a commercial brokerage license issued by DED, Dubai. Can the fourth partner be removed by a majority of 75% of shareholders?

May 15, 2024

135

Rajasree Ravivarma