Business Liquidation Services in the UAE
Business Liquidation Services in the UAE
Company Liquidation Process:
- Board Resolution & Notarization
- Appointment of a Liquidator (Auditor)
- Newspaper Advertisement (45-day notice period in an English and Arabic newspaper)
- Tax and Financial Clearance
- Assistance with Bank Account Closure – Ensuring all company bank accounts are properly closed
- Employee Visa & Labor Cancellation – Assisting with the cancellation of residence visas, work permits, and Emirates IDs
- Final WPS & Employee Settlements – Ensuring all salaries, gratuities, and benefits are paid as per UAE labor law
- Business Debt Settlement & Negotiation – Helping companies negotiate outstanding payments with suppliers or banks
- Handling FTA Tax Penalties & Waivers – Assisting businesses in reducing or waiving tax fines before liquidation
- Tax Clearance & Deregistration (VAT and Corporate Tax)
- License Cancellation & De-registration