Abu Dhabi Approved Liquidator
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Role of Approved Liquidator in Abu Dhabi
Thorough Asset Verification and Realization:
Our team diligently examines and realizes the company’s assets, employing strategies to extract maximum value and optimize returns for stakeholders.
Equitable Asset Distribution:
Expert Debt Settlement:
Unwavering Legal Compliance:
As an approved liquidator, Elevate Auditing is committed to upholding the highest legal standards in all liquidation proceedings.
Documents Required for Abu Dhabi Company Liquidation
- Minutes of the Meeting(Notarized)
- Memorandum and Articles of Association(Notarized)
- Trade license
- Passport copies of shareholders
- Passport copy of the manager
- Liquidator's acceptance letter
- Original financial statements
- Original audited financial statements
- Bank clearance letter
- Ministry of Human Resources and Emiratization (MOHRE) clearance
- Customs clearance certificate
- Lease agreement cancellation proof
- Confirmation of no liabilities
- Clearance letter from utility providers (ADDC/DU/ETISALAT etc.)
- Emirates Identity Authority (EIDA) cancellation certificate
- VAT deregistration certificate
- Original rubber stamps and company seals
- Liquidation report.
The procedure of Abu Dhabi Company Liquidation
1. Minutes of the Meeting/Board Resolution (Notarized):
Prepare minutes of the meeting for company liquidation.
2. TAMM Application:
3. Document Upload on TAMM:
After TAMM approval, upload the following documents:
- Board of Resolution
- Appointment of Liquidator Letter
- Confirmation of the liquidator letter by the company
4. Approval Process:
5. DED Guidance:
Once approved, the Department of Economic Development (DED) will provide guidance on the next steps to proceed with the liquidation.
6. Newspaper Advertisement:
The advertisement will be taken care of by DED Abu Dhabi, and payment needs to be made to DED.
7. After the Publication:
DED will wait for any claims for 45 days.
8. Cancellation of Establishment Card:
9. Final License Termination:
How Elevate Auditing Can Help in the Liquidation Process
Choose Elevate Auditing for a comprehensive Abu Dhabi Company Liquidation experience. Our specialized expertise covers Business Liquidation in Abu Dhabi, the intricacies of the Abu Dhabi Business Liquidation Process, and navigating the specific requirements for Company Liquidation in Abu Dhabi. As an Approved Liquidator in Abu Dhabi, we excel in handling the necessary documents, including Abu Dhabi Commercial License Liquidation and Abu Dhabi Business Center Economic License. Our team, experienced in liquidation processes in both Dubai and Abu Dhabi, offers seamless and compliant services, making us the trusted partner for efficient and stress-free Abu Dhabi Company Liquidation.
Specialized Expertise:
Rely on our grasp of local regulations, ensuring a smooth, lawful liquidation process.
Strategic Asset Realization
Our team deploys strategic methods for optimal asset realization, ensuring maximum returns.
Compliance Assurance
Documentation Efficiency
Clear Communication
Stay informed with our clear, concise communication, ensuring transparency and collaboration.
Consult with us for your Company Liquidation
Get started with your business needs, we reach out with free and qualified guidance