How to Cancel Trade License in Qatar
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 How To Cancel Trade License In Qatar

How To Cancel Trade License In Qatar

If you have a running business in Qatar for which you have a valid trade license of Qatar community and due to any reason you want to cancel your trade license in order to wind up your business then you might not to do that. Because Qatar is the central country of you which has a great and huge opportunities for businessman which allows you to open 100 + businesses at a time with only one trade license.

If you are fail to run your business in Qatar winding up your business in Qatar you can consult with a successful businessman in order to run business for you in Qatar Because winding up the running business in Qatar is not worth. However, due to any reason you want to cancel your trade license in Qatar then there are different steps which you have to follow. So, in this article I will cover all the topics related to cancellation of trade license in Qatar step by step.

*STEP 1: CANCELLATION OF EMPLOYMENT VISA

Before applying for the cancellation of trade license in Qatar first of all you have to cancel all the employment visa’s that are connected and mention in your trade license. After the successful cancellation of employment visa you can proceed to the second step.

*STEP 2: COMPANY LABOUR CARD CANCELLATION

After the successful cancellation of Qatar trade license. You have to cancel labor card of your company and business. You can cancel labor card of your company online through official website of ministry of human resource and erotization MOHRE.

*STEP 3: CREATION OF BOARD RESOLUTION

Now when you have successfully cancel company labor card then you have to create board resolution in which you have to take signature from all the shareholders and every individual that is concerned your business.

*STEP 4: CANCELLATION OF PARTNER VISA

After you have created board resolution with your shareholders which employees the liquidation of your business, procedure will be the cancellation of your partner visa. Means all of your partners have to cancel all of their visa including work, labor as well as employment visa.

 

*STEP 5: APPOINT A LIQUIDATOR

Once you have cancelled your visas, companies labor card your partner visa and you have created board resolution then you have to appoint a liquidator which will proceed your cancellation letter.

*STEP 6: ATTESTING OF APPOINTMENT LETTER

Once you have appoint a liquidator for your purpose you have to take appointment letter from him and have to attest from the notary public.

*STEP 7: COLLECT DOCUMENTS FROM LIQUIDATOR

Now you have to collect appointment letter, trade license of liquidator and auditor registration certificate from liquidator submit it in the department of economic development.

*STEP 8: MAKE THE PAYMENT

Now at the department of economic development you have to make the payment of 2000 QAR for the issuance of liquidation certificate.

*STEP 9: ADVERTISEMENT OF LIQUIDATION

Now you have to advertise for the liquidation of your trade license in the newspaper and wait for 45 days.

*STEP 10: CLAIMS

After 45 days if there are any claims you have to clear all the claims and if not then you can move to the further procedure.

*STEP 11: SUBMISSION OF ALL DOCUMENTATIONS

Now the last step is that you have to submit all the documents in the department of economic development and make the payment to get the cancellation of your trade license.

HOW TO CANCEL TRADE LICENSE IN QATAR
HOW TO CANCEL TRADE LICENSE IN QATAR

Please documents include original audit certificate, final audit report of the company, original advertisement you have posted in the newspaper, confirmation letter from your liquidator that all the claims are settled or there are no any claims received within the 45 days. Clearance certificate from the ministry of labor, a photocopy of board resolution and a photocopy of liquidation certificate.

*STEP 12: PAY LICENSE CANCELLATIONS FEE

Now at the department of economics development you have to pay 3000 QAR as the license cancellation fee. Will get the liquidation certificate of your trade license.

 

WHAT YOU  WILL NEED FOR THE CANCELLATION OF EMPLOYMENT VISA?

In performing the first step, means the cancellation of employment visa you have to go through all these steps.

  • 1. Cancellation letter of your employment visa.
  • 2. Labor cancellation
  • 3. Labor cancellation submission
  • 4. Immigration cancellation.

Now once you have done all the above four steps then your employment VISA will be successfully cancelled. Now here is, how you can cancel trade license online in Qatar the process is simple and to the point.

  • 1. Go to the official website of ministry of Commerce and industry by clicking on the given link Here
  • 2. Now here you will see a button that will redirect you to download the form.
  • 3. Fill in the form by providing all the details correctly and submit the form to the commercial registration and license department. Keep in mind that you can only submit the form online while all other steps are not available offline you have to physically do that.

DOCUMENTATIONS REQUIRED

Three documents which you have to provide in the form are given below.

  • Letter from the company that describe the reason for the cancellation of trad license.
  • Copy of the ID card of the owner and all the shareholders of the company.
  • Service centers

In order to get help you can visit this service center and the headquarters of Ministry of Commerce and industry in the Lusail city of Qatar which you can search on Google Maps. For other branches and headquarters of Ministry of Commerce and industry you can visit there official website where they have identified all the headquarters and service centers.

Once you have submitted the application online the officer will review it and will call you for the further process to their department. This application will be Review by the officer which will have the authority to give or cancel the trade license. It was overall details about cancellation of trade license in Qatar hope it will be a helpful to you.

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