Company Liquidation in UAE

Closing properly is not just cancelling the licence

A company that simply stops renewing its licence stays on the register with its liabilities attached. Owners keep accruing fines, immigration files stay open, and VAT or Corporate Tax obligations continue to run — often surfacing years later when a shareholder tries to set up a new company or renew a visa. Formal liquidation ends those obligations on paper.

• Shareholder resolution and registered liquidator appointment
• Liquidation audit report prepared and issued
• Employee visa and establishment card cancellation support
• Clearance certificates — immigration, labour, utilities, telecom
• VAT and Corporate Tax deregistration with final returns
• Bank account closure and final licence cancellation

How the process runs

It starts with a shareholder resolution appointing a registered liquidator, followed by a liquidation audit report confirming that assets are disposed of and liabilities settled. Employee visas and the establishment card are cancelled, clearance certificates are obtained from immigration, labour, utilities and telecom, bank accounts are closed, and VAT and Corporate Tax registrations are deregistered before the licence is formally cancelled.

Tax deregistration is the step people miss

VAT deregistration must be applied for within twenty business days of ceasing to make taxable supplies, and late applications carry their own penalty. Corporate Tax deregistration is due within three months of cessation, and a final return still has to be filed. We handle both alongside the liquidation so nothing stays open.

📄 Documents Required

For Company Liquidation — have these ready and we can move the same day.

• Trade Licence and establishment card
• Shareholder resolution approving liquidation
• Passport, Emirates ID and visa copies of all shareholders
• MOA / AOA and any amendments
• Final trial balance and last audited financial statements
• Bank statements up to account closure
• Proof that employee dues and liabilities are settled
• VAT and Corporate Tax registration certificates