Company Liquidation Services Dubai

Company Liquidation Services in Dubai

Close Your Company in Dubai the Right Way – Fast, Legal, and Hassle-Free Are you planning to close your business in Dubai or anywhere in the UAE? Whether it’s a mainland, free zone, or offshore company, Mehar Business Solution LLC offers reliable and legal company liquidation services in Dubai. We help you complete the process smoothly, with full compliance with UAE laws.

Are you planning to close your business in Dubai or anywhere in the UAE? Whether it’s a mainland, free zone, or offshore company, Mehar Business Solution LLC offers reliable and legal company liquidation services in Dubai. We help you complete the process smoothly, with full compliance with UAE laws.

• Settling all outstanding debts
• Paying employees
• Selling business assets
• Canceling licenses and permits
• Deregistering from authorities (like the FTA and DED)

This process is mandatory before a company license can be canceled. Whether you want to shut your company down due to losses, business restructuring, or personal reasons, proper liquidation is required to avoid future legal trouble.

Types of Company Liquidation in Dubai

There are two main types of liquidation under UAE law:

1. Voluntary Liquidation

This happens when the company’s owners or shareholders agree to close the business. Usually, it’s due to:

• Business is no longer profitable
• Internal disagreements
• Change in plans

In this case, all shareholders sign a resolution and hire a certified liquidator to start the process.

2. Compulsory Liquidation

This is a forced closure by court order, usually when:

• The company is unable to pay debts
• The company has violated UAE business laws
• The company has been inactive for a long time

In both cases, it is essential to follow a legal procedure for cancellation to avoid fines or blocklisting.

Our Company Liquidation Services in Dubai

We offer end-to-end support for liquidating companies in Dubai Mainland, Free Zones (DMCC, DAFZA, IFZA, Meydan), and other emirates like Ajman, Sharjah, Abu Dhabi.

• Dubai Mainland
• Dubai Free Zones (DMCC, DAFZA, IFZA, Meydan, etc.)
• Other Emirates (Ajman, Sharjah, Abu Dhabi)
• Offshore Companies

Our liquidation services include:

• Preparing the Board Resolution
• Appointing a certified liquidator
• Publishing liquidation notices in newspapers
• Closing the company bank accounts
• Settling debts and employee dues
• Submitting documents to authorities (DED, FTA, etc.)
• Getting NOCs from various departments
• Filing for license cancellation and company deregistration

Step-by-Step Company Liquidation Process in Dubai Mainland

Here’s how the mainland company liquidation process works:

• Board Resolution: Shareholders agree in writing to close the business and appoint a liquidator.
• Appoint a Liquidator: A certified audit firm like Mehar Business Solution prepares an appointment letter and acceptance letter.
• Announce Liquidation in Newspaper: A public notice must be published in both Arabic and English newspapers for 45 days to inform creditors.
• Clear Employee Dues: Final salary, gratuity, and end-of-service benefits must be paid to all staff.
• Settle Debts and Liabilities: Clear all outstanding payments with suppliers, banks, and government entities.
• Close Bank Accounts: All company accounts must be officially closed, and a bank closure letter must be obtained.
• Cancel Visas & Labour Contracts: Cancel all visas issued to the company, including those for employees and partners.
• Get NOC from FTA (if VAT registered): Apply for tax de-registration and obtain a No Objection Certificate.
• Liquidator’s Final Report: The audit firm prepares a detailed liquidation report and statement of affairs.
• License Cancellation: Submit all final documents to the DED and complete the cancellation of the license.

Free Zone Company Liquidation Process in Dubai

The free zone liquidation process is similar to the mainland but may differ depending on the free zone authority. Key steps include:

• Submitting the liquidation request to the free zone authority
• Appointing a registered liquidator
• Advertising the closure (some zones require it)
• Settling dues with the free zone
• Cancelling visas and work permits
• Closing bank accounts
• Getting NOC from relevant departments (immigration, customs, FTA, etc.)
• Submitting liquidation report and final documents
• License cancellation

We help you with liquidation in major free zones like:

To protect the foreign investor’s interests, a Local Sponsor Protective Agreement is signed between both parties. This legally binding contract outlines the following:

Though similar, free zone procedures vary by authority. We help liquidate in:

• DMCC
• IFZA
• Meydan
• DAFZA
• Ajman Free Zone
• Rakez Free Zone
• Sharjah Mainland & Free Zone
• Abu Dhabi Mainland & Free Zone

Required Documents for Company Liquidation in Dubai

You will need the following documents:

• Trade License Copy
• Memorandum of Association (with all amendments)
• Shareholders' passport and Emirates ID copies
• Power of Attorney (if applicable)
• Board/Shareholders Resolution for liquidation
• Clearance letter from the landlord or tenancy contract
• Closure letters from utilities (e.g., DEWA, Etisalat)
• Final audit report from the liquidator
• FTA VAT deregistration certificate (if applicable)

Why Choose Mehar Business Solution LLC?

We understand that finding the right local sponsor in Dubai can be a challenging task. That's why we offer:

• Certified Liquidators & Audit Firm We are registered and authorized to handle company liquidation under UAE law.
• Fast & Transparent Process We manage everything from start to finish, ensuring no delays or hidden fees.
• Local ExpertiseWe are familiar with the rules and requirements of DED, free zones, and offshore authorities.
• Affordable PricingGet high-quality service at cost-effective rates tailored to your company type.
• 100% Legal & CompliantWe handle liquidation in full compliance with UAE laws to protect you from future penalties.

Ready to close your company in uae with a reliable business consultant in Dubai? Contact Us Call Us: +971 56 553 9955 Email: info@ajmanbusinesssetup.com Visit Us: Business Village, Block A, Port Saeed, Dubai, UAE Website: ajmanbusinesssetup.com

Mehar Business Solution LLC

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Some FAQ About Company Liquidation in Dubai