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Company Liquidation in UAE
Company Liquidation in Dubai, UAE
Fast & Hassle-Free Business Closure Solutions
Closing a company in the UAE requires following legal procedures, settling liabilities, and obtaining clearances from government authorities. At HayyaTax, we provide professional company liquidation services to ensure a smooth and legally compliant business closure.
Whether you operate a Mainland, Free Zone, or Offshore company, our experts handle the entire deregistration, clearance, and documentation process efficiently.
Company Liquidation in Dubai, UAE
What is Company Liquidation?
Company liquidation is the legal process of closing down a business, settling all liabilities, distributing assets, and canceling business licenses. The process involves:
✔ Preparing a liquidation plan
✔ Notifying government authorities & regulatory bodies
✔ Settling debts & obtaining clearance from banks & creditors
✔ Cancelling visas, labor contracts & tax registrations
✔ Finalizing license cancellation with relevant authorities
Our Company Liquidation Services
1. Mainland Company Liquidation
We assist with LLC, sole proprietorship, and civil company closures in the UAE Mainland.
✔ Clearance from DED, VAT, Customs & Ministry of Labor
✔ Bank account closure assistance
✔ Employee visa & work permit cancellation
2. Free Zone Company Liquidation
If you operate in a Free Zone, we handle the deregistration process efficiently.
✔ Coordination with Free Zone authorities (DMCC, JAFZA, DAFZA, etc.)
✔ VAT deregistration & final audit
✔ Shareholder & board resolution filing
3. Offshore Company Liquidation
Closing an offshore company in UAE involves notifying the offshore registry and clearing financial obligations.
✔ Filing of liquidation reports & public notices
✔ Deregistration with offshore authorities
✔ Debt & financial settlement
4. VAT & Tax Deregistration
We assist businesses in cancelling VAT registration to avoid penalties from the Federal Tax Authority (FTA).
✔ VAT return filing & final audit support
✔ Tax clearance certificate processing
✔ Coordination with UAE tax authorities
5. Employee & Visa Cancellation
We ensure the proper cancellation of employee visas, work permits, and Emirates IDs.
✔ PRO services for visa cancellations
✔ Employee settlement & documentation
✔ Ministry of Labor & Immigration clearance
Why Choose Us for Company Liquidation?
✔ End-to-End Liquidation Support – We handle the complete process, from documentation to deregistration.
✔ Fast & Hassle-Free Process – Minimize delays with expert guidance.
✔ Compliance with UAE Laws – Ensure proper legal closure of your business.
✔ Cost-Effective & Transparent Pricing – No hidden fees, only clear and competitive pricing.
✔ Expert Tax & Legal Support – Assistance with VAT deregistration, tax compliance, and asset distribution.
Effortless Company Liquidation in the UAE—streamlining your exit with compliance and peace of mind!
Our team is ready to simplify the complexities for your UAE business.
Frequently Asked Questions on Company Liquidation in UAE
Company liquidation in the UAE is the legal process of closing a business and dissolving its operations. This involves settling debts, canceling licenses, and removing the company from the official trade register.
There are two main types:
Voluntary liquidation – When company owners decide to close the business due to financial or strategic reasons.
Compulsory liquidation – When the court orders a company to close due to insolvency, legal violations, or failure to meet obligations.
The company liquidation process typically takes 2 to 6 months, depending on the business structure, the complexity of financial obligations, and the regulatory approvals required.
The key steps include:
Board resolution approving the liquidation.
Appointment of a liquidator (for LLCs and other entities).
Settling debts and liabilities with creditors and suppliers.
Canceling business licenses and visas (employees and owners).
Submitting final audit reports and obtaining clearance certificates.
Officially deregistering the company with authorities.
The cost varies depending on company size, outstanding liabilities, and legal requirements. Expenses may include:
Liquidator fees (starting from AED 5,000)
License cancellation fees (varies by jurisdiction)
Visa and labor card cancellation fees
Debt settlement costs (if applicable)
Failure to liquidate properly can lead to:
Fines and penalties from authorities.
Legal action against company owners and shareholders.
Visa bans or travel restrictions for unpaid debts.
Proper liquidation ensures a clean financial and legal exit from the UAE.
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