Questions & Answers
How to cancel a trade license when the agent asks for money?
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,
Dear Mr. Hassan,
Good day!
Please be informed that we can assist you to cancel the TL/ Visa or sell or restructure the company ownership, whichever is feasible.
However, please share copies of the trade license and MOA to advise you better.
For further discussions, kindly contact us via phone or email.
Best Regards,
Welcome,
We cannot answer without seeing the licenses and papers.
You can book a consultation with a specialized legal advisor from our office, and he will meet with you and answer all inquiries and direct you to all procedures required for cancellation without paying all this money that you did not benefit from and prove the closure of the institution from the month following the opening.
