Cancellation of a professional license - Local accounting firm
This service allows local accounting firms and their branches to request the cancellation of their professional license.
Cancellation of a professional license - Local accounting firm
Service Fees
- AED 2,000.
Note:
- Late renewal fee for auditing firms and offices: AED 500 per month of delay, up to a maximum of AED 5,000 per year.
Conditions and Requirements
- A request explaining the reasons for requesting the cancellation of the professional license must be submitted.
- The company must continue to comply with the obligation to maintain records, files, and data related to its clients for a period of no less than ten years, starting from the last financial year in which their accounts were audited.
Required Documents
- Memo of reasons for the cancellation request.
Steps and Procedures
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Fill out the application form and attach the required documents.
-
The Ministry will review the application.
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Pay any fines (if applicable) and the license cancellation certificate will be issued automatically.
Service Type
Procedural
Average Duration for Service Delivery
One working day
Service Provision Channels
- MOET website
- MOET smart app
Target Audience
Local accounting firm with professional license
Service Provision Timings
24 hours
Sustainable Development Goals
Contact Details
Call Center
Phone
8001222
Email
info@moet.gov.ae
