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Investor/Partner Visa Cancellation-Dubai


What are the procedures of Investor/Partner Visa cancellation in Dubai?
Required Documents:
Original Passport
Original Emirates ID
Trade License copy & Partners List (for LLC)
Immigration Establishment Card copy
Typed e-form Application/Vision form (Can be typed from Typing Centre)
Share Sale Agreement original attested by Notary Public or License cancellation Certificate issued by Department of Economic Development (incase of company liquidation)

Application Fee: Dh60 (Typing charge extra) to be paid at Typing Centre for canceling visa in the passport.

STEPS TO FOLLOW
Type application form. Put company seal and signature of the local sponsor, attach all above documents and submit at the Immigration counter along with original passport and Emirates ID. Visa will be cancelled same time.

Grace Period:
You shlould cancel your visa in the passport within 30 days from the date of visa expiry.
Applicant can stay in UAE 29 days from the date of cancellation if his visa was not expired at the time of cancellation. If the cancellation done during the grace period, remaining days will be allowed to stay without fine. If the the cancellation done during overstay period, 6 days will be granted from the date of cancellation.

Fine Dh25 per day will be calculated for Residence visa overstay.
Fine can be paid at Immigration or Airport at the time of exit.

Partner Visa Cancellation without Share Selling
If you want to cancel your Partner/Investor Visa without selling shares, you have to follow below procedures.
Type Arabic Letter from the side of local sponsor stating that he doesn't have objection for canceling the said partner without selling his shares. Local sponsor should be present at Immigration and sign the letter in front of the immigration officer. Then attach the letter with partner visa cancellation form.

Partner Visa Cancellation (If the partner is out of UAE)
Get power of attorney from the partner giving authorization to any other partner in the company to sell his shares on behalf of him, to cancel his investor visa from Immigration Department, to receive partner deposit amount (if any) from Immigration Department and to sign all the necessary documents. This power of attorney should be attested by UAE Embassy in his country and UAE Foreign Affairs in Dubai. Arabic translation and attestation from Ministry of Justice also required if the power of attorney is not made in Arabic. Now the attorney can sign in the Share Sale Agreement on behalf of the said partner and complete the remaining procedures of cancellation.

Partner Visa Cancellation (If the partner is out of UAE more than Six Months)

Take personal file print of the partner from Immigration Department. Dh120 should be paid there for the print-out. Type Cancellation form from Typing Centre, put company seal, get  signature from the local sponsor, attach above mentioned documents and submit at Immigration.

To prepare Cancellation form, call:

Qusais (Damascus St): 04-258 6727, 054-300 5931

Hor Al Anz: (Deira): 04-265 8373, 050-715 0562

Naif (Deira): 04-259 6260, 050-538 3545

Bur Dubai: 04-358 6215

Qusais: 04-239 1302
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Family Visa Hold: If the applicant has dependents (spouse, children, maid) under his/her sponsorship, their visa must be cancelled before canceling his/her visa. Or If he/she has got new Employment Visa/Investor visa offer, he can deposit Dh5000 at immigration office to avoid canceling his dependents visa. Once his new visa stamped, he can refund Dh5000. Click here for information about family visa hold.

Frequently Asked Questions
Q: What is the procedure of Investor/Partner Visa deposit refund from Dubai Immigration?

REFUND PROCEDURES
• Take original deposit receipt and your passport to Refund Counter at Immigration Head Office, Jafiliya.

• Get no objection for refund seal from the counter and go to Dubai Commercial Bank (next to Immigration building) and collect the cash. Bank will charge Dh40 as commission.

Deposit Receipt Lost: if lost, collect lieu of lost receipt from Dubai Commercial Bank (next to Immigration building), Jafiliya. You can show the receipt copy or your original passport for reference. Take this receipt to Immigration refund counter and pay Dh70 as lost fee. Immigration officer will put a stamp of NO OBJECTION FOR REFUND, go to CBD counter and collect the cash. Bank will charge Dh40 as commission.

Q: I had deposited Dh10,000 / Dh20,000 for my investor/partner visa. I heard that as per the new rule, no deposit for investor/partner visa. Can I refund my old deposit from Immigration?.

A:
Yes, you can refund. follow the same above steps. If you have family under your sponsorship, you should deposit Dh3020 for each. Then you can refund your own visa deposit.

You cannot refund
your deposit, if there is overstay or other violation in your company file.

Can I leave country without cancelling my visa?
Q
: I am a shareholder in a company and am on an investor residence visa issued by Dubai’s General Directorate of Residency and Foreigners’ Affairs (GDRFA). I recently sold my 40 per cent share of the company to one of the shareholders and wrote him a waiver. I also received the value of the sold shares. At present, I have no stake in the company and my residence visa will expire next month. I intend to go back to my home country and will not return to the UAE. However, I need to leave urgently and will not have time to complete the cancellation procedure with the GDRFA. Can I leave Dubai without formally cancelling the visa with the authority?
A: The questioner may not leave the UAE without formally cancelling the visa. The questioner should first make a sale contract between him and the new purchaser, get the document attested by the Notary Public in the presence of all partners so they can sign the said contract (amendment to the memorandum of association), and then this contract shall be submitted, along with an application to cancel the visa, to GDRFA. The residence visa will then be cancelled. The procedure will not take too long, and it is in the best interest of the questioner to avoid any future liability in case the company faces any problems (GN).

Immigration Branch Locations
 
Main Branch
Bur Dubai, Karama, Opposite Jafiliya Metro Station
Working Time: 7:30am - 8pm (Sun-Thu)
Immigration Call Centre  800 5111

Dubai International Airport (Terminal 3)
Gate No.2, Arrivals area
Phone: 04-707 5388
Timing: Around the clock, seven days a week (including holidays)
Services: All visa related services (including e-gate card)

DNATA Emirates Building
Near Clock Tower, Deira
Phone: 04-707 5946
(Dh25 extra service charge for each transaction)
Timing: 7:30 to 2:30pm

A'amal Center – Hyatt Regency
Hyatt Regency Hotel-Deira
Business Centre, First Floor
Phone: 04-707 5922
(Dh30 extra service charge for each transaction)
Timing: 8am to 2:30pm

Municipality Service Centre
Al Towar, Qusais, Opposite Al Towar Mall
Phone: 04-707 5162
Timing: 7:30 to 8pm

Bin Souqat Centre
Al Rashidiya
Phone: 04-
707 5939
Timing: 7:30 to 8pm


Arabian Centre
Mirdif / Al Mizhar
Phone: 04-707 5181
Timing: 7:30am - 8pm

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Related Pages
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Abscond Reporting (Housemaid)
Amer Service
Cancellation-Employment Visa
Cancellation Family Visa
Cancellation-Investor/Partner Visa
Cancellation-Maid Visa
Changing Employment Visa and Dependents Visa without exit
Children Sponsored by mother
Dependent Sponsorship
Designations-Professions
Domestic Worker's Visa
G
DRFA (Immigration Office) Locations
Education Visa
E-gate
Ejari-Tenancy Online Registration
Emirates ID
Emirates ID Lost
Fines (Visa, Labour Card, Mulikiya, OHC, Driving Lic, Trade Lic)
Freehold Visa
FAQs-Visa

Family Visa-Dubai
Family Visa-Sharjah
Family Visa Cancellation
Family Visa Renew
Family Visa Stamping-New (Sponsor-Investor)
Husband's Residence Visa-Sponsored by Wife
Housemaid Ran Away
House Servant's Visa
Immigration Est. Card-New
Immigration Est. Card-
Renew
Immigration Est. Card-Amendment
Immigration Est. Card-Lost
Immigration Office
Indian Maid (change visa inside UAE)
Investor Visa-New
Investor Visa Stamping-After Entry
Investor Visa Renew
Maid-Abscond Reporting
Maid visa New Entry Permit
Maid Visa (Change inside Country without Exit)
Maid visa Cancellation
Maid from India
Maid from Indonesia
Maid from Nepal
Maid from Philippine
Maid from Sri Lanka
Maid Visa Renewal
Multiple Entry Visa
Newborn baby's visa stamping
OK to Board Message
Oman visa from UAE Border
Parents Visa-New
Parents Visa Stamping after Entry
Parents Visa Renewal
Partner Visa
PRO Card-Immigration
Re-entry
After 6 Months
Residence Visa
Servant Visa
Stamping Visa from Old Passport to New Passport
Status Change
Student Visa
Teenager Visa
Tourist Visa
Transit Visa
Transfer Visa from Old Passport to New Passport
Visa Cancellation-Family
Visa Change-By Road-Hatta-Oman
Visa for Step-child
Visa on arrival
Visa Position Amendment
Visa of Two Gulf Countries
Visas in UAE
Visa Renewal of son above 18 years age
Visa Transfer
Visa Transfer-Child
Visa Transfer-Wife-From Father to Husband
Visit Visa

How can I cancel Partner/Investor Visa? What are the documents required for Partner/Investor Visa cancellation? How much is the fee for Partner/Investor Visa cancellation? Do I need to sell my shares before I canceling my partner visa? Can I cancel my Partner/Investor Visa without selling my shares in the company? How can I sell my LLC shares? Do I need to go to court to sell my shares in LLC? Where is notary public in Dubai? How much is the expense for share sale procedure? Do I need to take approval from DED to sell my shares in LLC? What should I do to cancel my visa without selling my shares in LLC? Do I need to get local sponsor's signature on my partner visa cancellation form? Can I keep my shares while cancelling my partner visa?

UAE Employment Visa related service at Thiruvananthapuram. Our package includes: pick from your arrival point (Railway/Bus Stand), Accommodation, Medical (if required), Medical Certificate Attestation using our Credit Card without you standing in the queue, necessary guidance and drop at your travel point.
Explore International, Call +91-95 390 51 386, +91-894 33 28 266

 

   

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First Gate Business Service, GF, Humaidan Bldg, Near Malabar Supermarket, Behind Sheikha Latifa Masjid, AL MURAR, Deira, Dubai, United Arab Emirates Tel.+9714-259 6260, 04-358 6215, 04-239 1302, 04-265 8373, 04-258 6727 Email: visaprocess.ae@gmail.com