Questions & Answers
Questions & Answers
4 available 4 • View allHow 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
1495
How to cancel a trade license

1
Q: 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!


Dec 14, 2020
825
How 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
1818
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
246
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Laws & Regulations
1 available 1 • View allFederal Law No. (2) of 2015 On Commercial Companies 15
The provisions of this Law apply to the commercial companies established in the UAE and the foreign companies that have established in the UAE a base to conduct any activity therein or established a branch or representative office. The Law abrogates Federal Law No. (8) of 1984 Concerning Commercial Companies.
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Respected Advisors,
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Recently, I also received my residence visa. After the visa process was completed, I applied for a PCC online. However, the request was rejected.
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My father died recently. We are Muslim residents in Dubai. I have siblings including a minor who is 16 years old. My father has land and vehicles under his name.
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Can we file a claim against an employee if he caused a financial loss to the company? 2
There was a legal action against an employee who failed to participate in an international event in Saudi Arabia due to a family issue that resulted in a travel ban, which in turn led to the non-signing of an AED 100,000 deal resulting in a loss to the company.
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What are my options if my husband is refusing to pay child support? 1
Dear Sir/Madam,
What are the charges to open an execution file in Sharjah for a divorce case and how much time will it take to execute the court order?
My husband told the court that he does not have money to pay for me and my daughter's expenses because he is earning a minimum amount in which he can only survive.
In that case, what can I do?
He closed all his bank accounts and sent money to his parents in India. He also told me that he will show in court that he does not have a job or money, so the court or police cannot do anything to him.
Can you please guide me on what I can do in this case? I do not have any proof of his salary or bank account because he was not informing me about anything related to his financial matters.
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Hello,
I want to confirm: if an employee is terminated during the probation period, does the employer have to pay them their accrued annual leave, even if it's during the probation period?
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I sent the landlord a notice to renew the lease 90 days earlier as per the contract. Can I change my mind if he didn't respond? 0
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Can the debtor file a bounced cheque case against a car loan I took if it is a guarantee cheque? 0
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