Support for a UAE company's liquidation
We will help you navigate your company’s liquidation process so that it runs as smoothly and quickly as possible.
Simplify complex procedures by using professionals' experience.
The process of closing down a business and selling its assets and property to be divided among shareholders and creditors is known as company liquidation.
In the United Arab Emirates, dissolving a company is a lengthy and intricate process that calls for professionalism and knowledge. The process entails dealing with numerous authorities and other parties in order to pay off all debts, settle liabilities, and get approvals and requirements from the law.
In addition, in order to avoid a 10,000 AED late submission penalty, the UAE company needs to submit the de-registration confirmation to FTA within 21 days.
Steps to shut down the UAE company
Corporate bank account closure
Clearance for immigration
Approval from the regulatory body
Release from third-party obligations
Announcement of de-registration
Confirmation certificate of the company license termination and company deregistration
We have the know-how to simplify and quicken your UAE-based company's liquidation process.
With 14 years of experience, the experts at 1Pro Centre DMCC have liquidated many kinds of UAE businesses, including offshore companies, LLCs, local and foreign branch companies, and free zones.
We will help you to liquidate your UAE business in a way that is 100% compliant with the law, accurate, and efficient.