Closing your Business - dda
Closing your Business
Closing a Business in Mainland Dubai
Closing a Business in Mainland Dubai
To close a business in mainland Dubai, follow these essential steps:
Settle outstanding debts, taxes, and employee benefits.
Cancel any existing business licenses with the Dubai Economy and Tourism.
Cancel visas and work permits associated with the company.
Terminate commercial contracts and close bank accounts.
Obtain clearance certificates from relevant authorities, such as: Dubai Economy and Tourism (DET), Ministry of Labour, and General Directorate of Residency and Foreigners Affairs (GDRFA)
By following these steps, businesses can ensure a smooth and compliant closure, minimizing potential legal complications.
Important links for closing a business in Dubai
Further information on closing a business in Dubai
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Request for Cancellation of Trade License (DeT)
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Closing a Business in a Dubai Free Zone
To close a business in a Dubai Free Zone, follow these essential steps:
Settle outstanding debts, taxes, and employee benefits.
Provide required documents, such as:
1. Board resolution or liquidation letter
2. Audit report or clearance letter from an approved auditor
3. Lease termination letter or office space surrender document
Cancel any existing business licenses with the Free Zone Authority.
Cancel visas and work permits associated with the company.
Obtain a closure or de-registration application form from the respective Free Zone Authority.
Obtain clearance certificates from relevant Free Zone departments, such as:
1. Finance department
2. Facilities management or property department
3. Visa and registration department
Terminate commercial contracts and close bank accounts.
By following these steps, businesses can ensure a smooth and compliant closure, minimizing complications.
Terminating a license in Jebel Ali Freezone Authority
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Terminating a license in Dubai Multi Commodities Centre
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