Company Liquidation Services in UAE involve the official process by which an LLC company, sole establishment, Dubai free zone company, or institution formally ceases its operations. During this process, the assets and property of the company are distributed to creditors and shareholders (owners) as per UAE law. Company Liquidation Services in UAE ensure that all legal requirements are met, and the closure is conducted in compliance with relevant authorities, avoiding future liabilities.
Types of Company Liquidation
Company Liquidation Services in UAE can be classified into two main types:
Voluntary Liquidation
In a voluntary liquidation, the shareholders themselves decide to wind up the company, typically when the business is no longer financially viable to continue. Creditors are given priority in this process. Company Liquidation Services in UAE help navigate this voluntary route with legal documentation, debt settlement, and formal closure in coordination with government entities.Compulsory Liquidation
This type of liquidation is ordered by a court, usually when a company is unable to pay its debts, commits legal offenses, or violates regulatory laws. In such cases, Company Liquidation Services in UAE play a crucial role in representing the company during legal proceedings, ensuring asset distribution is fair and compliant with legal frameworks.
When a company in Dubai or any part of the UAE faces operational and financial distress — such as lack of liquid funds, unpaid creditors, or serious regulatory violations — initiating Company Liquidation Services in UAE becomes necessary. It helps avoid legal repercussions and future fines. The relevant Free Zone Authority or government regulator may even file a suit to enforce this process.
- We asssist you in
Cera will assist you in the Following areas of Company Liquidation Services in UAE
- Initiating the winding-up process
- Publishing the liquidation notice.
- Preparation of legal documents
- Preparation of Company board resolutions
- Liquidators appointment acceptance
- Application and submission
- Arrange clearance letter from DEWA
- Arrange clearance letter from Etisalat
- Arrange clearance letter from Municipality
- Arrange clearance letter from Custom
- Bank account closure and Bank No liability Certificate
- Audit for the financial statements for liquidation of company
- Overview of Collection & Distribution of Company Assets
- No Liability certificate
- Employees visa cancellation
- Labor card cancellation and clearance certificates
- Immigration card cancellation and clearance certificate
- Liquidation report preparation and submission
- Final cancellation letter
- Partner Visa Cancellation
