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How to: Close down a company in Dubai help please!
Hi There,
Any help/advice would be much appreciated. Long story short, I have a company which I want to close down here. I'm not getting on with my agency/sponsor so they're not being particularly helpful. I would be terminating the agreement before the year is up. It's not a retail business or anything, just a professional license with 1 visa, and an exorbitantly expensive serviced office. Now I've already found I'll have to pay a 2 month penalty to cancel the lease agreement, but I've now been told I'll have to pay almost 10'000 dirhams to cancel the trade license. I'm a bit suspicious about the price, so trying to find out if anyone has any experience dissolving a small company, and if so what it cost, and how you'd go about doing it?
Thanks,
AS
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