Closing a business in the UAE requires a formal, legally binding process to dissolve the entity and protect shareholders from future liabilities. This service manages the entire statutory liquidation process under the UAE Commercial Companies Law.
Board Resolution & Liquidator Appointment: Drafting the official shareholder resolution to dissolve the company and appointing a UAE-registered, approved liquidator to oversee the closure.
Asset & Liability Realization: Managing the legal winding-up process, which includes liquidating company assets, settling outstanding creditor claims, and distributing remaining capital to shareholders.
Public Notice & Clearance Period: Structuring and publishing the mandatory 30-to-45-day liquidation notices in local Arabic and English newspapers to invite creditor claims as required by law.
A company cannot be legally struck off the registry until all government liabilities are settled. We secure official clearances from the Federal Tax Authority (FTA) and relevant local municipalities to ensure a clean exit.
Corporate Tax & VAT Deregistration: Submitting final tax returns, settling outstanding liabilities, and filing formal tax deregistration applications with the FTA to avoid severe late-de-registration penalties (e.g., AED 10,000 for Corporate Tax).
Establishment Card & Visa Cancellation: Coordinating with the Ministry of Human Resources and Emiratisation (MoHRE) and the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) to cancel establishment cards and clear all staff visas.
Utility & Custom Account Closures: Securing final clearance certificates from local utilities (DEWA, SEWA, ADDC) and closing corporate customs codes with UAE Customs authorities.
The final stage involves officially deleting the company from the commercial registry. Whether your business is a Mainland DED entity or located within a specific Free Zone, we manage the final structural strike-off.
Mainland (DED) Strike-Off: Submitting the final liquidator’s report to the Department of Economy and Tourism (DET/DED) to obtain the formal Certificate of Dissolution.
Free Zone Deregistration: Navigating specific Free Zone authority steps (e.g., DMCC, JAFZA, DDA, IFZA), surrendering the original trade license, and terminating the facility lease agreement.
Bank Account Closure Coordination: Presenting the final liquidation certificates to your UAE corporate banking institution to officially close all active IBANs and corporate accounts.
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