Step-by-Step Process for License Liquidation & Cancellation

• Board Resolution or Partner Agreement
• Cancel Labour Cards and Visas
• Apply for Initial Clearance
• Settle Outstanding Liabilities
• Advertise Company Liquidation Notice
• Appoint a Liquidator (For LLCs and larger entities)
• Submit Final Audit Report & Clearance
• Apply for Final License Cancellation

What is the Scope of License Liquidation & Cancellation in Dubai?

• Growing Demand for Closure Services
• Regulatory Compliance Requirement
• Opportunity for Specialized Agencies
• Cross-Market Coverage
• Potential for Bundled Services
• Appeal to Investors & Expat Entrepreneurs

Market Size & Outlook

• The Dubai Department of Economy & Tourism (DET) regularly publishes data showing business activity, which includes cancellations.
• With over 650,000+ business licenses in Dubai, even a small percentage turning over annually creates thousands of closure cases — a significant service market.