Shuraa Business Setup

What are the measures to cancel a company license?

For any type of business, you need a no-objection letter from Ministry of Labour, no-objection letter from the immigration department as well as residence cancellation proof for non-Gulf individuals. In some cases, you need a dissolution of partnership contract from the notary public and minutes of annual general meeting to liquidate the company. You will also be required to appoint a liquidator and announce the liquidation of the company in a newspaper, in some cases. To learn more about company liquidation / license cancellation, click here –

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