Company liquidation services in UAE
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.
These are the steps we need to go through
Close the company bank account
All visas under the company must be cancelled
Get the clearance from the regulating authority
Get clearance from service provider (DEWA, RTA etc)
Run a 15 day news publication on the ongoing liquidation
Sell or transfer all assets under the company
This must be prepared by an approved firm
The registry will release the certificate of deregistration
Get in touch with us to know more about our services.