Strike-off & Trade License Suspension Services

Wind up

Voluntary Strike Off

We offer comprehensive company strike-off services and guarantee timely and efficient completion.

Striking off a company is never an easy decision to make. But once the decision is taken by the business owner, our team will ensure that we offer you a smooth experience. We will manage every step of the process including visa cancellation, drafting of forms and documents, attestation of documents, lease termination, bank account closure, Tax de-registration, newspaper publication, and liquidation report preparation. We will coordinate with all government authorities and third parties until the trade license is canceled.

Too soon to strike-off? Consider temporary license suspension

A number of licensing authorities in the UAE offer companies the option of voluntary suspension of their trade license. This option is a great alternative to a company strike-off for business owners undergoing temporary financial difficulties that prevent them from being able to continue operating in the normal course.

Solutions that fit

Voluntary suspension

When a temporary suspension request is approved by the licensing authority, the business operation will be suspended for a limited period of time without having to pay licensing and operating expenses. The main benefit of a temporary suspension above a company strike-off is the ability to maintain the business track record of the company and rights already acquired in the course of business.

Voluntary Strike Off

Voluntary strike off is usually only possible for solvent companies. It is the process of completely removing a company from the local company registrar. Once the process is complete, the local authorities will issue a de-registration certificate.

Liquidation

The main difference between strike-off and liquidation of a company is that strike-off is a process of permanently closing down a company, while liquidation is a process of selling off the assets of a company in order to pay its creditors. The surplus assets will also be shared with the concerned stakeholders. The liquidation process is followed by the closing down of the company.

Accounting & Bookkeeping

End-to-End Bookkeeping and Accounting services for Businesses of all sizes.

Discover

UAE Corporate Tax

Introduced in 2022, all UAE businesses are impacted. Our team can help you assess the impact of the tax on your business as well as taking the necessary steps to comply with the new law.

Discover