Questions & Answers
Closing a free zone company and clearing other issues
Dear Sir/ Madam,
I am a 33% shareholder in an Ajman Free Zone company. I would like to cancel the licence and close the company as its contract expires in 1st week of Jan 19.
When should I cancel my investor residency visa & close my current a/c, as I only have on my passport stamped visa (and no other partners has the same)?
Also, I'm having a POA for opening and closing the bank a/c for the said company. I have a car to sell & also rented an apartment to be submitted by the end of Dec.
Can you please explain how should I move ahead (as we all 3 partners are going for cancellation for the said company in 1st week of Dec 2018 )?
If u can, give us guidance step by step for the same.
Thanks
It seems that there is a minor difference of opinion between the partners in respect of time to start the process for liquidating the company.
I wish you could sort it out amicably as there is no such difference between the partners.
You can cancel the visa, clear the bank a/c and real estate issues meanwhile.
You may reach me at 0527520742 for better clarification and further planning.
