Trade License Cancellation

Products Details

At TASC Corporate Services, our approach to trade license cancellation is meticulous and tailored to each client's unique situation. Our comprehensive service covers all aspects of the process:

Initial Consultation and Assessment

We begin with a thorough consultation to understand your specific reasons for license cancellation and assess any potential legal and financial implications.

Documentation and Clearance

The process involves gathering and preparing all necessary documentation, including the original trade license, company ownership documents, and clearance certificates from various departments.

Financial Assessment and Clearance

We conduct a detailed financial assessment to address any existing liabilities, ensuring all financial obligations are settled. This includes closing bank accounts and obtaining a clearance certificate from the bank.

Employee and Visa Matters

Handling employee settlements and visa cancellations are critical. We provide guidance in settling any end-of-service benefits and ensuring all employee visas are properly canceled.

Utility and Service Closures

We assist in closing all utility accounts (like DEWA, Etisalat, Du) and ensuring that no outstanding dues remain.

Clearance from Government Authorities

Obtaining necessary clearances from government bodies, such as the Department of Economic Development (DED), Ministry of Human Resources and Emiratization, and other relevant entities, is a crucial step.

Final Submission and Confirmation

The final step involves submitting all documents to the DED and other relevant authorities. We ensure that the submission is complete and compliant with all legal requirements.