Company Liquidation UAE

UAE Liquidation — Clean Exit, No Penalties

Closing a UAE company is more complex than opening one — and incomplete closure causes significant problems. Improper closure leads to: ongoing license fees, AED 5,000-20,000 annual penalties, employee "absconding" complaints, banking restrictions, visa cancellation issues, and Corporate Tax liabilities that compound. The CORRECT closure process protects you from all of this.

Full UAE liquidation involves: passing a board resolution to dissolve, settling all creditors and employees (including final EOSB), publishing a liquidation notice (newspapers + portal), obtaining liquidator approval, clearing tax obligations (Corporate Tax de-registration, final VAT return), cancelling all visas, closing bank accounts, removing trade name from the registry, and obtaining the final Liquidation Certificate. Each step has specific authority requirements.