Jafza Companies Termination

CRITS/003/2013

Termination of Lease and License

In case of termination of business operation, Jafza should be notified 3 months prior for the office and warehouse facility, and 6 month prior for plot facility, to enable all formalities to be completed. The following information has to be submitted to JAFZA Operations Department :

License & Lease Section

Termination of Jafza License only:-

- License can only be independently cancelled when client has two licenses 
- Example: (Trading & Industrial).

- Request letter to be signed by License holder for license cancellation.
- All outstanding to be settlement/ documentation to be cleared.
- License Termination Fees. (AEDI,500/-)
- A Fine of (AEDI,OOO/-) will be imposed per month in case the license has already expired.

Termination of Jafza Lease only:-

- Lease can only be independently cancelled when client has two facilities 
- Example: (Office & Warehouse or Plot).

- Request letter to be signed by License holder for lease termination with Lease Termination Form 
- All outstanding to be settlement/ documentation to be cleared from Finance Dept.
- Client should return the facility keys to the Lease & License s...