If any business(FZ-LLC, Branch or Freelancer) registered with Dubai Development Authority, wishes to cancel their License and De-register the company, they have to approach the Authority to complete the de-registration procedures.
In case of Non-Renewal of License / Non-operational, Dubai Development Authority will initiate the License Cancellation and De-registration as per Licensing Regulations and the company have to complete the de-registration procedures.
For more information and to access the requirements for License Cancellation and De-Registration as per your business type, please click on the links below:
A Free Zone Limited Liability Company (FZ-LLC) is formed as a separate legal entity, with shareholders as individuals and/or corporates. The minimum capital requirement for incorporation depends on the business activity.
A Branch of a Foreign or a UAE company is not a legal entity separate from its parent but is considered a place of business that forms a legally dependent part of the parent company and conducts all or some of the operations inherent in the parent’s business. No share capital is required to set up as a branch.
The Freelance Permit offers the ability to operate as a freelance professional. The Permit identifies you as a sole practitioner and enables you to conduct your business in your birth name as opposed to a brand name.