This guide provides a comprehensive overview of the process, including step-by-step instructions, essential checklists, and procedures for facility handover and company cancellation.
Login to Portal 360
Go to the pending action tab
Upload the required documents
Submit your request
Confirm your signature digitally
Pay the invoice sent to your primary email
Rakez will start the cancellation process & will send the cancellation certificate once the service is completed
De-registration Certificate
Company shareholders' resolution, signed by all the shareholders or their authorized representative having a valid power of attorney. In case the shareholder is a corporate entity, another resolution for the corporate shareholder authorising the deregistration. Note: Resolution attestation is needed for parent companies as below:
UAE-based parent companies: Notarized by UAE Notary Public
Non-UAE parent companies: Notarized and legalized up to the UAE Embassy level
Templates of resolution: 1. Shareholders resolution template 2. Corporate resolution template.
Resignation/termination letter of the appointed general manager, acknowledging receipt of all dues from the company. Click here to access the template.
Termination of the local service agency agreement in case client has appointed local service agent for their company. (if applicable)
Important note: In certain situations, RAKEZ may require the appointment of a liquidator for the seamless liquidation process of your company. This request aligns with our commitment to ensuring a transparent and lawful closure, meeting regulatory standards and safeguarding the interests of all parties involved.
The below requirements must be submitted by the liquidator: a. Liquidator's report along with company financial statement. b. Copy of the resolution of the general assembly meeting for dissolution of the company & appointment of the liquidator and its remuneration. Please refer to your company MOA regarding regulation for invitation of general assembly meeting & adhere to the procedure mentioned in it. c. Liquidators confirmation for their appointment. d. 45 days newspaper publication in two daily local newspapers. (English and Arabic)
Additional requirements for shareholders holding a valid Authorised Representatives (POAs):
Power of Attorney (if represented by an attorney) with a valid passport copy or Emirates ID.
The POA must be notarized by a notary public in the UAE or notarized and legalized up to the level of the UAE embassy from the country where it was issued. For assistance in attestation, please contact RAKEZ Value Added Services at vas@rakez.com.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua