Liquidation

Company liquidation services in UAE

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Why Do I need to liquidate my company

In the UAE, once the decision has been made to close a business, it is essential that all business licenses and permits are cancelled, irrespective of the jurisdiction. By informing the relevant authority or government entity that a company has been liquidated, the owners safeguard themselves and all other stakeholders from potential fines and penalties on their business license.

How do I Liquidate my company

Closing down a company

These are the steps we need to go through

Bank account

Close the company bank account

Cancel visas

All visas under the company must be cancelled

Clearance

Get the clearance from the regulating authority

NOC

Get clearance from service provider (DEWA, RTA etc)

Publish

Run a 15 day news publication on the ongoing liquidation

Transfer/Sell

Sell or transfer all assets under the company

Liquidator

This must be prepared by an approved firm

Termination

The registry will release the certificate of deregistration

Contact us

Get in touch with us to know more about our services.

Unlimited Possibilities
Multiple options for company incorporation
Attractive Pricing
Cost effective options and custom designed services
10+ years of experience
Free and confidential consultation