Liquidation Services
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Liquidation Services in Dubai for Main Land Company and Free Zone Company
Liquidating a company in Dubai can be a complex and time consuming process, but our team of experienced liquidators in the UAE can simplify the legal procedures and assist you throughout the entire process. If your company is struggling to generate enough revenue to cover its expenses or has accumulated significant debt, we can help.
At Elevate, we prepare a comprehensive Liquidator’s report, also known as a No Liability Letter, which is prepared by a professional auditor. We then issue an Appointment of Liquidator’s Letter to inform the licensing authority followed by a Final Liquidator’s report that verifies all possible liabilities of the company.
Trust Elevate for streamlining the intricate and lengthy process of company liquidation in Dubai, providing comprehensive guidance from start to finish.
In UAE there are two types of Liquidations
- Voluntary Liquidation. When Business owners are not interested to run the business or unable to run the business. They jointly take a decision to move out of business.
- Mandatory Liquidation. In this case, the Licensing authority or UAE court orders to liquidate the company when the company does something wrong which is not permitted in their line of business.
How Elevate is Different from Others
As an experienced Auditor & Liquidator we know the finance linkage of any company from any domain. This understanding helps us to outline the Company closer process easy. Elevate has liquidated many companies those were Limited Liabilities Company, Free zone Company & Off Shore Companies. We help the Business Owners to move out of business legally and smoothly.
As a Liquidator our projected role to …
- Drafting the Board Resolution
- Publishing Advertisement in English and Arabic News Paper
- Settling with Employees
- Settling with the Debtors/suppliers
- Visa Cancellation
- Bank Account Closing
- Obtaining NOC form Dewa, NOC from Local telecom Company
- Registered Tenancy Agreement Cancellation
- De-Register with FTA
- Preparation of the Liquidator’s Report
- Submission of the final Report to the Authority to get the De-Registration Certificate
At Elevate we take care of Company Liquidation Services for all the Free Zones across UAE
- International Free Zone Authority (IFZA)
- Dubai Media City (DMC)
- Dubai Multi Commodities Centre (DMCC)
- Jebel Ali Free Zone (JAFZA)
- Dubai South Free Zone (DWC)
- Dubai Silicon Oasis (DSO)
- Dubai World Trade Center (DWTC)
- Department of Economic Development - DED
- Dubai Studio City (DSC)
- Dubai Production City (DPC)
- Dubai Flower Center (DFC)
- Dubai CommerCity
- Meydan Free Zone (MFZ)
- Dubai Internet City (DIC)
- GoFreelance (Tecom)
- Dubai International Financial Centre (DIFC)
- Dubai Airport Free Zone Authority (DAFZA)
- Dubai Design District (D3)
- Dubai Healthcare City (DHCC)
- Dubai Science Park (DSP)
- Dubai Auto Zone (DAZ)
- Dubai Knowledge Park (DKP)
- Dubai Outsource City (DOC)
- Dubai International Academic City (DIAC)
- Dubai Gold and Diamond Park
- Sharjah Airport Intl. Free Zone (SAIF Zone)
- RAK Offshore
- Ajman Offshore
- Abu Dhabi twofour54 Free Zone
- Ajman Free Zone
- Creative City Fujairah
- Umm al Quwain Free Zone
- Hamriyah Free Zone Authority (HFZA)
- Sharjah Research Technology and Innovation Park
Consult with us for your Company Liquidation
Get started with your business needs, we reach out with free and qualified guidance
Email Us: info@elevateauditing.com