Frequently asked questions
What happens if I just let the licence lapse instead of liquidating?
Fines keep accruing against the licence and the shareholders, immigration files stay open, and the owners can be blocked from new licences or visas until it is cleared.
Do I need to deregister for VAT and Corporate Tax?
Yes. Mandatory VAT deregistration must be filed within 20 working days of the trigger, and missing it costs AED 1,000 per month up to AED 10,000.
Guides on this topic
How to Start a Business in the UAEDubai South Freezone: Complete Guide to Benefits, Setup, and Financial ComplianceADNOC Vendor Registration: Complete Guide for Suppliers in UAEDMCC Companies Regulations: What Every Business Must KnowDubai Chamber Certificate of Origin: Complete Guide 2026Licensing Renewal Fees in UAE Explained: What You Need to Know
