logo

Dubai City

Financial Services

Liquidation For Llc/free Zone : Saifzone,dafza,jafza,uaqfz

R24, France Clustler,Internatioanl City, Dubai, Dubai City, DubaiShow Map - 30 Jun, 2020

Description

Company Liquidation or closing of a company is the process when the company or business completely closes down all of its operations and all the assets and properties of the company distributed to its creditors and shareholders. Closing a company or business is not a straightforward task, but we have the expertise which will help you in a very smooth liquidation of your company or business. The operation is also called as de-registration of the company. We can help you to complete this complicated task in all of the free zones of UAE. To completely terminate a business or company in UAE below mentioned requirements must be followed. Requirements may vary from free zone to free zone but most of them will remain the same in each free zone.



Free Zone Company Liquidation Requirements


The company must not have any liabilities
All existing active visas must be canceled
All existing corporate Bank Accounts must be closed
Any assets at time of liquidation must be transferred to the shareholders or a third party
All fees and charges concerning the free zone authority must be cleared
Immigration clearance must be obtained from Free Zone Authority
The company must prepare a resolution to liquidate and appoint a licensed liquidator to carry out the procedure
The liquidator must approve the order of action of the company’s liquidation and send confirmation that the company has no assets or obligations/liabilities by preparing a final Audit Report/Liquidation Letter
Required Clearances


Clearance certificate from relevant free zone authority
Clearance certificate from business unit
Clearance certificate from all utilities
Clearance certificate from any related authorities as per the regulated activity
Clearance for customs
Contact us for more details

LOCATION

R24, France Clustler,Internatioanl City, Dubai, Dubai City, Dubai

Related ads

By Using this website, you agree to Terms of Use & Privacy Policy. Got it