We’re a leading firm of chartered accountants & VAT/Tax advisers supporting entrepreneurs, high net worth individuals, family offices and growing businesses in 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.
The nominated auditor must be a regulated auditor.
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.
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.
Make sure that the clearance letter is received from all the creditors,banks,government etc.
After making sure that the task is fully completed, the liquidation report must be issued by the appointed liquidator
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.
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:
We initiate the liquidation process.This stage consists of the following:
The steps in the final closure stage include:
