Liquidation

Company liquidation is the process of closing down a company. When the company operation ends, usually the organizational assets are distributed to creditors and shareholders, based on their priority of claims.

In general, the person who conducts the overall liquidation process is called a Liquidator. A Liquidator is appointed by the court or the shareholders of the company, according to the type of liquidation.

Liquidating a company in the UAE can encounter lots of challenges during the entire process and it is also a step-wise process where time is consumed gradually.

Our expert team can assist you with the following services

We can assist with Liquidation / Closure of Mainland, Free zone & Offshore companies and are associated with Approved Liquidators in all Free Zones. Our services include,

Assistance in preparing Board of Directors / Shareholders' Resolution document
Auditing financial statements for liquidation
Preparing Statement of Affairs and Liquidator's Report / No Liability Letter
Liaising with the licensing authorities for the submission of documents and closing down of the company

Contact

  • The Galleria, Hyatt Regency Level II, Office No. 218 B, PO Box: 119712, Dubai, UAE
  • +971 04 27 11 952
    +971 52 124 5007
  • info@aeauditing.com