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UAE: Is it mandatory for person leaving country to cancel company's license?

29-04-2024
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Question: I registered a company in the UAE and got an investor visa based on it. I am now planning to leave the country. Do I need to cancel the licence or will it expire on its own? Please advise.

Question: I registered a company in the UAE and got an investor visa based on it. I am now planning to leave the country. Do I need to cancel the licence or will it expire on its own? Please advise.

Answer: The UAE has several jurisdictions where a company may be registered. Since you have not mentioned the specific emirate, we may respond to your questions from a general perspective.