How to cancel a commercial registration in Dubai  Commercial registration in Dubai has become an easier procedure than ever before, due to the flexibility in the procedures provided by the government in Dubai to facilitate the method of opening and canceling the commercial registration in Dubai from anywhere in the world within minutes without the need to visit Dubai. The government in Dubai supports the investment process and the establishment of investment businesses in Dubai, which has helped investors expand their business and establish new companies or open new branches of their companies in the city of Dubai.

In the following lines and titles in this article, we will discuss the ways to cancel the commercial register in Dubai, the regulations and laws that govern investors and entrepreneurs in Dubai. Among the circumstances that require the cancellation of the commercial register and the dissolution and liquidation of the company in Dubai is that the company accrues losses to its owners of more than half Its capital, or the partners agree by majority to dissolve and liquidate it or to remove it from the commercial register.

How to cancel a commercial registration in Dubai

How to cancel a commercial registration in Dubai

To cancel the commercial registration in Dubai , you must follow the following steps:

1. Verify your obligations : Make sure to pay all due fees and taxes, and clear any financial obligations with government agencies.
2. Stopping commercial activities : Stop any commercial or commercial activity related to your company.
3. Applying for cancellation : Submit a request to cancel the commercial registration through the electronic portal of the Department of Economic Development in Dubai or visit its offices directly.
4. Submit required documents : You may need to submit documents such as a copy of your ID card, a copy of your business license, and proof of payment of fees.
5. Closing Accounts : Close any bank or business accounts linked to the commercial registry.
6. Receiving the cancellation certificate : After reviewing the application and documents, the Department of Economic Development will issue you a certificate canceling the commercial registration. Make sure to follow each step carefully to avoid any legal or financial issues in the future.

What is a commercial register in Dubai?

The commercial registry in Dubai is an official document issued by the Department of Economic Development, which aims to register and document the commercial activities of companies and individuals. The commercial register is considered one of the basic requirements for any commercial activity in the emirate, as it allows companies and individuals to conduct their business legally and documented. The register includes basic information such as company name, type of business, address, and owner or manager details.

The commercial registry is an important tool for regulating business activities and ensuring their compliance with legal and commercial regulations in Dubai. Companies and individuals must renew the commercial registration regularly to ensure continuity of business activity and not expose them to any legal problems. When establishing a company, it is necessary to submit an application to the Department of Economic Development and provide a set of necessary documents such as the founding contract, personal identity, and headquarters address.

In the event of a change or closure of a business, companies must properly follow the formal procedures to cancel the commercial registration. The commercial registry is also key to obtaining the necessary licenses and dealing with government agencies and banks, making it one of the basic pillars of any successful business activity in Dubai.

Procedures for canceling licenses according to the legal formation

Procedures for canceling business licenses in Dubai vary based on the type of legal formation of the company. Here’s an overview of procedures based on different legal configurations:

Limited Liability Companies (LLC):

• Payment of financial obligations: Settle all debts and financial obligations with government agencies and banks.
• Stop activity: Stop all business activities related to the company.
• Apply for cancellation: Submit a request to cancel the commercial license through the Department of Economic Development in Dubai.
• Submitting documents: Submit the required documents such as the closure certificate, a copy of the commercial license, and proof of payment of fees.
• Close Accounts: Close any bank or business accounts associated with the company.

Sole proprietorships:

• Settle liabilities: Make sure all taxes and fees due are paid.
• Stop Activities: Stop all business activities.
• Cancellation request: Submit a request to cancel the license through the Department of Economic Development.
• Submitting documents: Submit the required documents such as a copy of the commercial license and proof of payment of fees.

Public and private joint stock companies:

• Authority approval: You may need to obtain approval from the General Authority for Regulation and Development of the Financial Sector.
• Settle all obligations: Make sure all financial and tax obligations are settled.
• Submitting a cancellation request: Submit a license cancellation request to the competent authority.
• Close Accounts: Close any company-related bank accounts. Make sure to follow all steps carefully and submit the required documents to avoid any legal or financial issues.

​

Steps to cancel a sole proprietorship in Dubai

Cancellation of a sole proprietorship in Dubai requires following several steps to ensure the closure of the activity legally and smoothly. Here are the basic steps:

1. Settlement of financial obligations : Settle all debts and financial obligations with government agencies, banks, and suppliers. Make sure to pay all taxes and fees due.
2. Stopping business activity : Stop all business activities related to the organization and close or cancel any bank or business accounts associated with the organization.
3. Notify the relevant authorities : Inform the Dubai Department of Economic Development of your intention to cancel the establishment and suspend any licenses or permits related to the commercial activity.
4. Submit a cancellation request : Submit a request to cancel the commercial license through the Department of Economic Development portal or visit its offices directly. You will need to provide documents such as a copy of the business license, proof of payment of fees, and any other documents required by the department.
5. Receiving the cancellation certificate : After reviewing the application and documents, the Department of Economic Development will issue a certificate canceling the commercial license.
6. Closing Accounts : Make sure any bank or business accounts the organization was using are closed.

Make sure you follow each step carefully and complete all procedures to avoid any legal or financial problems in the future.

Cancel registration of companies in free zones

Cancellation of company establishment in Dubai free zones requires following specific procedures to ensure the activity is closed legally in accordance with the laws of each free zone. Here are the basic steps to follow:

• Settle all debts: Ensure that all debts and financial obligations are paid, including government fees and any dues to suppliers or banks.
• Taxes and Fees: Verify that any outstanding taxes or fees have been paid.
• Suspension of activities: Stop all business activities related to the company.
  Close Accounts: Close any bank or business accounts associated with the company.
• Notifying the competent authority: Notify the competent authority in the free zone in which the company is registered of your intention to cancel the registration.
• Inquire about cancellation requirements: Check the requirements for canceling registration from the relevant free zone, as there may be additional procedures or documents that must be provided.
• Preparing documents: You may need to provide documents such as a copy of the business license, account closure certificate, and proof of payment of fees.
• Submitting the request: Submit the cancellation request to the free zone administration, either through its electronic portal or by visiting its offices directly.
• Cancellation of licenses: Make sure to cancel all licenses and permits associated with the company.
• Receiving final documents: After reviewing the application and documents, the free zone administration will issue you a certificate deregistering the company.
• Close Government Files: Make sure any government files or registrations associated with the company are closed.
  Make sure you follow all steps carefully and comply with free zone requirements to ensure the business closes properly and avoids any legal issues in the future.

In conclusion, canceling the commercial registration in Dubai is a vital process to ensure the legal and orderly closure of the business. It is essential that the business owner begin to settle all financial and tax obligations before taking any formal steps. Cancellation of the commercial registration also requires stopping commercial activities and submitting a cancellation request to the Department of Economic Development, along with submitting the necessary documents such as a copy of the license and proof of payment of fees.

The importance of these procedures is to ensure that there are no legal or financial consequences that may affect the person concerned in the future. It is recommended that you follow each step carefully and seek legal advice if necessary, to ensure a smooth process and avoid any problems that may arise. By carefully following these steps, companies and individuals can complete the commercial registration cancellation process effectively, enhancing compliance with local laws and legislation in Dubai.

Frequently asked questions about how to cancel a commercial registration in Dubai