Head of practice
Attorney. Specialist in commercial and labor law. Over 16 years of experience in legal support of businesses - debt recovery, contract enforcement, recovery of damages, commercial property and lease disputes.
License cancellation
When is a license revoked?
Grounds for revocation of a license
Revocation of a license to carry out economic activities should be understood as the official termination of its validity. It is worth emphasizing that the revocation of the relevant permit does not deprive the applicant of the right to apply to the state body for its receipt again, after eliminating all obstacles that prevented him from conducting the relevant activity. Revocation can be carried out either voluntarily (by submitting a relevant application by an individual) or mandatorily by the supervisory body in cases provided for by current national legislation (for example, due to violation of license conditions).
The specified procedure may also occur in such cases as:
- first, the expiration of the validity period of the permit and the failure of the applicant to take measures to extend it;
- second, the liquidation of the enterprise holding the license to engage in economic activity;
- third, the discovery of the fact that a person provided unreliable data during the procedure for obtaining a license or falsified documents;
- fourth, the entry into force of a court decision to cancel the license in cases and in the manner prescribed by current national legislation;
- finally, the absence of conducting activities under the license within the period specified by law.
Stages of voluntary license cancellation
As a general rule, if a licensee wants to cancel a license of his own free will, he must go through a number of mandatory procedures, which are expressed in the following:
- prepare an application form for license cancellation to a state body;
- submit an application and other supporting documents to the licensing body in one of the provided ways (electronically, by mail or in person);
- go through the procedure for considering the application, provide additional information or explanations at the request of the body;
- receive a decision on cancellation (the consideration period is usually from 10 to 30 calendar days) and an official notification (including the exclusion of data about the applicant from the relevant state register).
In some cases, an entrepreneurial entity may also be subject to additional obligations for the successful cancellation of its license. These may include a requirement to close obligations to the state and partners (pay all taxes, fees and mandatory payments, close the execution of contracts with counterparties, etc.), transfer reporting documentation (some licensed activities require closing reporting to state authorities at the time of cancellation), and conduct an audit. For more detailed information, we recommend that you contact the professional lawyers of the company “Prikhodko & Partners” for legal advice.
Form and content of the application for cancellation of the license
Preparing the application can seem like a complicated process. This document must clearly indicate the number of the license that needs to be canceled, the reason for the cancellation (for example, the intention to stop conducting the relevant business activity for a certain period due to difficult circumstances). It is also advisable to attach documents to the application confirming the successful closure of the reporting period, payment of all tax payments and a financial audit of the activity.
Assistance from a lawyer from “Prikhodko & Partners” in cases of license cancellation
Our law firm provides comprehensive services in the field of licensing, including assistance in cases of license cancellation. We are approached with requests of varying complexity and receive a professional approach to resolving the issue, which is based on the selection of an individual strategy of action. The services of commercial law lawyers from “Prikhodko & Partners” Law Firm include:
- first, high-quality legal advice – specialists provide explanations regarding the requirements for documents for license cancellation, help determine the strategy of actions for completing the procedures;
- second, collection and correct execution of documentation – lawyers assist in preparing all necessary documents to obtain a decision on license cancellation, submission of additional explanations, reports at the request of the licensing authority;
- thirdly, legal support of the cancellation process – the company provides support at all stages of the process, including for the purpose of processing further objections of the state body;
- finally, protection of clients’ rights in court – in case of unlawful actions by state authorities, our company’s lawyers also help to support the interests of clients in the court of first, appellate and cassation instances, respectively.
Thus, the cancellation of the relevant license to engage in economic activity can occur at the voluntary request of the licensee or in a mandatory manner by the supervisory authority. The main grounds for cancellation of the license are the liquidation of the business entity, the absence of activity under the license within the period established by law, or others. The procedure for voluntary cancellation of the license includes the preparation and submission of an application to the licensing authority, its consideration, receipt of a decision (official notification) and exclusion of data about the licensee from the relevant register. Sometimes the transfer of reporting documentation or an audit may be required.
To successfully cancel a license, it is necessary to prepare a full package of documents based on the requirements of the law and professional practice of such situations. It is recommended to seek legal advice and professional assistance from the experts of the Prikhodko & Partners Law Firm. To find out the cost of legal support, fill out the form below.
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Our lawyers will accompany all economic legal relations of your company: from drawing up contracts and solving corporate issues to representing interests during inspections by regulatory bodies and in court disputes.
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