Liquidation Services in Dubai
We’re a leading firm of chartered accountants & VAT/Tax advisers across the UAE.
The liquidation or winding up of a company—commonly referred to as closing or cancelling a business in the UAE—requires a structured and compliant approach. As experienced Liquidators in Dubai, we ensure that every step of the process is handled efficiently and in full accordance with UAE regulations.
First and foremost, regardless of the type of business you operate, it is essential to cancel your trade license and all associated permits once you decide to cease operations. Subsequently, the liquidation process formally brings the company’s activities to an end and legally dissolves its existence. Therefore, engaging professional Liquidators in Dubai becomes crucial to avoid delays, penalties, or compliance risks.
Moreover, company liquidation in the UAE involves strict procedural requirements, including regulatory approvals, financial settlements, and proper documentation. In addition, we provide comprehensive support across all major free zones, including the Dubai Multi Commodities Centre (DMCC), Dubai World Central (DWC), and Sharjah Airport International Free Zone (SAIF Zone). As a result, businesses operating in any jurisdiction can rely on our expertise for a seamless closure process.
Furthermore, our specialized services are designed to evaluate your unique situation and provide clear guidance on key factors such as costs, timelines, and potential risks. At the same time, we act as independent third-party Liquidators in Dubai, ensuring transparency, accuracy, and compliance throughout the process.
Finally, by leveraging our expertise and structured approach, we help you achieve a smooth and hassle-free exit. In conclusion, our role as trusted Liquidators in Dubai is to deliver a fast, compliant, and cost-effective liquidation process, allowing you to close your business with confidence and peace of mind.
Our Business Liquidation Services in Dubai Includes
Procedure of Liquidation Service in Dubai Includes
Steps for Liquidation of a Company in Dubai Includes
Our services include
Our experts will Assist you in preparing the Board of Directors/Shareholders' resolution.
Our experts will do the detail Auditing of financial statements for the purpose of liquidation
A Statement of Affairs (SOA) is a document that provides an overview of the company’s assets and liabilities.
Our experts will help your company in preparing the process of liquidation by preparing the liquidation report.
A legal document issued by the bank/creditors stating that the customer has paid off and settled all outstanding dues to the lender.
After verification of all the legal documents we will help you to submit the legal documents along with the liquidators report.
Frequently asked questions
Nomination of a liquidator
The nominated auditor must be a regulated auditor.
Passing of the board resolution
The board of the company has to issue a resolution that the company is under liquidation, appoint a liquidator, and mention the name and address of the appointed liquidator.
Placing of Newspaper Advertisement
The appointed liquidator must announce a brief of the board resolution and the liquidation in two local newspapers.
The creditors (if any) must submit their claim or/and their objections (if any) within the time limit mentioned in the announcement. Other interested parties have the right to object the liquidation during the time limit.
Getting Clearance Letter
Make sure that the clearance letter is received from all the creditors,banks,government etc.
Issuing liquidation report
After making sure that the task is fully completed, the liquidation report must be issued by the appointed liquidator
Closure of the Company
an application for the company deregistration along with a copy of the liquidation report must be submitted to the company’s registrar. Once the application is approved, the company’s registrar office will issue a certificate of deregistration.
Frequently asked questions
Analyzing the Scope of Liquidation
In this stage, we sit with you to review your company’s liabilities, commitments, and assets.
This helps us get insights into issues such as:
- Debt recovery
- Claims management
- Asset disinvestment
- Intimate creditors and debtors
- Perform compliance due diligence
- Assess liquidation costs
Managing the liquidation
We initiate the liquidation process.This stage consists of the following:
- Asset disinvestment
- Debt recovery and creditors payments
- Liaison with Notary and Government authorities
- Preparing documents
- Preparation of accounts for the liquidation
Final Closure
The steps in the final closure stage include:
- Termination of contracts
- Final settlement of payments
- Information and publication
- Deregistration
Liquidation Services in Dubai
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