Company Liquidation Services
Professional and compliant business closure solutions tailored to your needs in UAE.
Start Liquidation Process
Types of Liquidation
Voluntary Liquidation
When shareholders decide to wind up a solvent company:
- Members' voluntary liquidation (solvent)
- Creditors' voluntary liquidation (insolvent)
- Requires 75% shareholder approval
- Appointment of liquidator
- Asset distribution to creditors/shareholders
Compulsory Liquidation
When court orders company to be wound up:
- Initiated by creditors or regulatory bodies
- Company unable to pay debts
- Court-appointed liquidator
- Strict legal process
- Investigation of director conduct
Strike Off
Simplified closure for dormant companies:
- No assets or liabilities
- No ongoing legal cases
- Faster process (3-6 months)
- Lower cost solution
- Director application required
Our Liquidation Process
Initial Assessment
We evaluate your company's financial position and recommend the optimal liquidation approach.
Document Preparation
Our experts prepare all required documents including board resolutions, declarations, and creditor notices.
Creditor Settlement
We handle creditor communications and ensure all legitimate claims are properly addressed.
Government Approvals
Submission to relevant authorities including DED, FTA, and immigration departments.
Final Closure
Official deregistration and issuance of liquidation certificate.
Document Requirements
Company Documents
- Original trade license
- Memorandum of Association
- Board resolution for liquidation
- Audited financial statements
Shareholder Documents
- Passport copies of shareholders
- Visa copies (if applicable)
- Share certificates
- No objection letters
Financial Documents
- Bank clearance certificate
- Tax clearance certificate
- Creditor settlement proof
- Employee settlement proof
Pricing Packages
Strike Off
- For dormant companies
- Document preparation
- Government submissions
- Basic follow-up
- 3-6 month process
Voluntary Liquidation
- For solvent companies
- Creditor management
- Asset distribution
- Liquidator appointment
- 6-12 month process
- Tax clearance
Compulsory Liquidation
- Court-appointed process
- Legal representation
- Creditor negotiations
- Director liability assessment
- 12+ month process
- Case management
Frequently Asked Questions
How long does the liquidation process take?
The duration varies by liquidation type. Strike off typically takes 3-6 months, voluntary liquidation 6-12 months, and compulsory liquidation usually takes 12+ months depending on case complexity.
What happens to company debts during liquidation?
In voluntary liquidation, debts must be settled before distribution to shareholders. In compulsory liquidation, the liquidator manages debt repayment according to legal priority from company assets.
Can directors be held personally liable?
Directors can be held personally liable if found guilty of wrongful trading, fraud, or if personal guarantees were given. Proper liquidation procedures minimize this risk.
What about employee visas during liquidation?
All employee visas must be cancelled before liquidation completion. We assist with proper cancellation procedures and ensure compliance with labor laws.
Can a liquidated company be reopened?
Once fully liquidated, a company cannot be reopened. The same trade name becomes available for new registration after 3 years in most UAE jurisdictions.