Company Liquidation Services Dubai | Golden Standard Taxation
✓ FTA Approved Auditors

Professional Liquidation Report Services in UAE

Close your Freezone or Mainland company legally with our approved liquidation services. Fast processing, competitive rates, complete compliance.

Approved Liquidators For

DMCC
JAFZA
IFZA
DAFZA
DED

Our Liquidation Services

Complete company closure solutions for Freezone and Mainland businesses

Liquidation Report

Official liquidation audit reports prepared by approved auditors for all UAE Freezones and Mainland DED requirements.

License Cancellation

Complete trade license cancellation process including all documentation, NOCs, and authority submissions.

Clearance & NOCs

Obtain all required clearances from FTA, banks, utilities, customs, and other government authorities.

VAT Deregistration

Complete VAT deregistration with FTA including final VAT return filing and clearance certificate.

Employee Settlement

Handle visa cancellations, end of service calculations, and MOHRE clearances for all employees.

Newspaper Publication

Arrange mandatory liquidation notices in Arabic and English newspapers as per UAE regulations.

We Cover All UAE Freezones & Mainland

Approved liquidators for major business jurisdictions across the UAE

DMCC JAFZA IFZA DAFZA DSO DWC Meydan RAKEZ DIFC ADGM DED Mainland Sharjah Abu Dhabi Ajman

Why Proper Company Liquidation is Essential

Avoid legal complications and protect your business reputation

Risks of Not Liquidating Properly

  • Heavy fines and penalties from authorities
  • Personal liability for company debts
  • Immigration ban in UAE
  • Blacklisting from future business licenses
  • Legal action from creditors
  • Damage to personal credit history

Benefits of Proper Liquidation

  • Clean exit with no future liabilities
  • Official liquidation certificate
  • Clear immigration record
  • Ability to start new businesses freely
  • Protected personal reputation
  • Peace of mind for shareholders

Types of Company Liquidation in UAE

Understanding your options for closing a business

Voluntary Liquidation

Most Common

When shareholders decide to close the company voluntarily. This is a controlled process where the company is solvent and can pay all its debts.

  • Initiated by shareholders' resolution
  • Company can pay all debts
  • More control over the process
  • Typically takes 45-60 days
  • Dignified exit from business

Compulsory Liquidation

Court Ordered

When the court orders liquidation due to insolvency or creditor petition. This involves court supervision and appointed trustees.

  • Ordered by UAE courts
  • Company cannot pay debts
  • Court-appointed liquidator
  • Longer and complex process
  • Protects creditor interests

Strike Off / Deregistration

Dormant Companies

For companies that have been inactive with no assets, liabilities, or employees. A simplified closure process for dormant entities.

  • For inactive companies only
  • No outstanding liabilities
  • Faster process
  • Lower costs
  • Limited to eligible companies

Documents Required for Liquidation

We'll help you prepare all necessary documentation

Company Documents

  • Original Trade License
  • Certificate of Incorporation
  • Memorandum of Association (MOA)
  • Articles of Association (AOA)
  • Share Certificates
  • Board Resolution for Liquidation
  • Shareholders' Resolution

Financial Documents

  • Audited Financial Statements (Last 2-3 years)
  • Bank Statements
  • VAT Returns & Certificates
  • Corporate Tax Registration
  • Outstanding Invoices List
  • Creditors & Debtors List
  • Asset Register

Clearance Documents

  • FTA Tax Clearance
  • Bank Account Closure Letter
  • DEWA/Utility Clearance
  • Etisalat/Du Clearance
  • Dubai Customs Clearance
  • MOHRE Employee Clearance
  • Landlord NOC / Lease Termination

Immigration Documents

  • Passport Copies (All Shareholders)
  • Emirates ID Copies
  • Visa Copies (If applicable)
  • Establishment Card
  • Employee Visa Cancellation Proof
  • GDRFA Clearance
  • Partner Visa Cancellation

Don't have all documents? No problem! Our team will guide you on obtaining missing documents and handle the entire process on your behalf.

Liquidation Timeline

What to expect during the closure process

Week 1

Initial Consultation & Document Collection

We assess your company situation, collect required documents, and prepare the board resolution for liquidation approval.

Week 2

Liquidator Appointment & Audit

Approved liquidator is appointed. We begin preparing the liquidation audit report and statement of affairs.

Week 3

Newspaper Publication

Liquidation notice published in two UAE newspapers (Arabic & English). 45-day creditor claim period begins.

Week 3-8

Clearances & Settlements

We obtain all NOCs from banks, utilities, customs, FTA. Employee settlements and visa cancellations processed.

Week 8-9

Final Submission

After 45-day period, final liquidation report submitted to authority with all clearances and NOCs.

Week 10

License Cancellation

Liquidation certificate issued. Trade license officially cancelled. Company legally closed.

Typical Duration: 45-90 days depending on company complexity and jurisdiction. Freezone companies are usually faster than Mainland.

Liquidation Costs

Transparent pricing with no hidden fees

Freezone Company

Starting from
AED 5,000
  • Liquidation Report Preparation
  • Authority Submissions
  • NOC Collection
  • Newspaper Publication
  • License Cancellation

*Authority fees & newspaper costs additional

Full Service Package

Starting from
AED 12,000
  • Everything in LLC Package
  • Employee Visa Cancellations
  • Bank Account Closures
  • VAT Deregistration
  • Corporate Tax Deregistration

*All-inclusive for most companies

Every company is different. Call us for a free assessment and accurate quote.

Get Free Quote: 058 593 7091

Frequently Asked Questions

Common questions about company liquidation in UAE

What is a Liquidation Report?

A liquidation report is an official document prepared by an approved auditor/liquidator that outlines the company's assets, liabilities, and confirms all financial obligations have been settled. It's mandatory for license cancellation in UAE.

How long does liquidation take?

Typically 45-90 days. Freezone companies can be faster (45-50 days) while Mainland companies may take 60-90 days due to multiple department clearances required.

Can I liquidate if my license is expired?

Yes, you can still liquidate an expired license. However, you'll need to pay accumulated penalties first. It's better to liquidate early to avoid mounting fines.

Do I need to be in UAE for liquidation?

Not necessarily. With a proper Power of Attorney (POA), we can handle the entire process remotely. Some signatures may require notarization which can be done at UAE embassies abroad.

What happens to employees during liquidation?

Employees must receive their full end-of-service benefits as per UAE Labour Law. Visas must be cancelled, and MOHRE clearance obtained. We handle all employee-related procedures.

Is VAT deregistration included?

VAT deregistration is a separate process with FTA. We can handle it as part of our full-service package. A final VAT return must be filed before deregistration.

What if my company has debts?

All debts must be settled before liquidation can be completed. The liquidator will work with creditors to settle outstanding amounts. If debts cannot be paid, compulsory liquidation through courts may be required.

Can I open a new company after liquidation?

Yes, absolutely! Once you receive the liquidation certificate, you're free to start new businesses in UAE with a clean record. Proper liquidation protects your future business prospects.

Simple 4-Step Process

We handle everything from start to finish

1

Free Consultation

Call us to discuss your company situation. We'll assess requirements and provide a clear quote with no hidden fees.

2

Document Collection

We collect all required documents - trade license, MOA, financial records, and prepare board resolution for liquidation.

3

Liquidation & Clearances

Our approved liquidators prepare the audit report, obtain all NOCs, publish newspaper notices, and handle authority submissions.

4

License Cancellation

Receive your official liquidation certificate and license cancellation. Your company is now legally closed.

Ready to Close Your Company?

Get a free consultation and quote today. Our experts will guide you through the entire liquidation process.

Contact Us

Call: 058 593 7091
WhatsApp: 058 593 7091
info@gstauditing.com

Office Address

Office 307, Star Building
Al Garhoud, Dubai, UAE
FTA Tax Agent License 200324454

Business Hours

Sunday - Thursday
9:00 AM - 6:00 PM
Friday - Saturday
By Appointment

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