Liquidating a company in the UAE
We close a company so nothing is left outstanding: we cancel the visas, close the accounts and the licence, deregister for tax, and obtain the liquidation certificate.
When clients come to us
- the business did not work out, but the licence keeps being renewed
- penalties for late renewal have accumulated
- you need to close the company before leaving the UAE
- the structure is changing, and the old legal entity is no longer needed
- a previous agent abandoned the company without closing it
What we do
- check for outstanding licence fees, taxes and penalties
- cancel the employees' and founder's visas
- close the corporate accounts
- deregister with the FTA
- carry out the licence closure procedure
- obtain the liquidation certificate
How the work proceeds
- Audit. We check the state of the company: penalties, tax status, active visas.
- Visas and accounts. We cancel the visas and close the accounts — the licence cannot be closed without this.
- Taxes. We file the final return and deregister.
- Closure. We complete the procedure with the registering authority and obtain the certificate.
Documents required
- licence and constitutional documents
- the founders' liquidation resolution
- account statements
- details of staff and visas
Timeline and cost
Prices exclude UAE government fees and court charges. We confirm the exact quote in writing after reviewing your situation.
Работу начинаем в день обращения. Если по вашей ситуации есть более быстрый или более дешёвый путь, мы скажем об этом до заключения договора.
Коротко о главном
Penalties keep accruing, and the founder may be barred from registering new companies and, in some cases, subjected to a travel ban.
From four weeks if there are no outstanding debts. The timeframe increases if there are penalties and open visas.
Most steps can be carried out by power of attorney.
Смотрите также
Опишите ситуацию — ответим сегодня
Первый разбор бесплатный. Мы честно скажем, если дело бесперспективно или решается без юриста.