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Asset Publisher

Asset Publisher

Breadcrumb

Foreign Companies’ Services - Cancellation in the Register of Foreign Companies

Breadcrumb

Cancellation in the Register of Foreign Companies

Through this service, an establishment may request to be cancelled from the registry, should it opt to cease all activities in the UAE. The establishment must submit a request for this, approved by its administrative board or whomever it delegates, while attaching all the required documents.

Service Fees

  • Invoice Value (AED) Fees (AED) (Updated fees)

Conditions and Requirements

    • Ensure the validity of registration into the register  at the time of submission of cancellation application; otherwise, the renewal fee and delay fines, if any shall be paid.

Required Documents

    • Original registration / renewal certificate in the MoE's registry
    • Proof of terminating the national agent's contract
    • Proof of publishing an announcement in two daily local papers, of which at least one is in Arabic, for one time only, regarding the invitation of creditors and other relevant parties to object before the Ministry of Finance. This shall be within one month from the publication date.

    Note: The sum of the bank guarantee shall be released following publication of the cancellation announcement in the local papers.

Steps and Procedures

    • 01Access the eSystem of foreign establishment branches and offices via: (http://services.economy.ae//MOEinteranet).
    • 02Enter the information, attach the required documents and validate accuracy
    • 03Ensure validity of the registration upon presenting the cancellation request, otherwise the renewal fees will be paid along with delay penalties (if any)
    • 04Provide the establishment with the approved announcement form for publication in a local daily newspaper, at least one of which is in Arabic
    • 05Notify the concerned authority of the request
    • 06Release the bank guarantee following publication, pursuant to a letter directed to the issuing bank, to be delivered to the establishment's representative along with the original voided bank guarantee.
    • 07The request is accepted and the cancellation decision is issued following one month from the date of publishing the announcement

     

    Note: The establishment must fulfil the publication procedures within the validity of the registration, otherwise it must pay the due fees for renewal and the delay penalty if it fails to publish the announcement promptly.

    Should the establishment – following cancellation – wish to re-open the branch, the request shall be handled as follows:

    If the license is not cancelled by the concerned authority:

       1. Submit the registration renewal request as per the prescribed form

       2. Present the required bank guarantee

       3. Pay the fees and penalties, if any

       4. Issue the registration renewal certificate at the previous durations

     

    If the license is cancelled by the concerned authority:

       1. The request will be handled as a new license and all the recently-issued documents required must be attached. The establishment will also be given a new registration number

Service Rating

Average Duration for Service Delivery

day work

Service Provision Channels

MoE website
MoE smart app

Target Audience

UAE nationals, residents, foreign companies (transaction clearance offices)

Contact Details

Commercial Registration and Certificate of Origin Department

Phone

8001222

Email

info@economy.ae

Communication Channels

Call centre and customer protection
 

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