Shutting down a business in the UAE involves more than just closing the doors—it requires strict compliance with legal, tax, and regulatory procedures. Whether you’re winding up a mainland or free zone company, The Capital Zone provides expert support throughout the company liquidation process, ensuring a smooth, compliant, and stress-free exit.
We help you avoid penalties, protect your reputation, and finalize the closure in line with UAE law. Below is a comprehensive overview of our Company Liquidation Services:
1. Liquidation Consultancy
What it is:
Liquidation consultancy involves assessing your company’s situation, guiding you through legal obligations, and advising on the optimal exit strategy.
Why it matters:
Without proper guidance, you may face unexpected costs, regulatory hurdles, or delays in closure.
Our service includes:
- Evaluating your company’s financial and legal standing
- Advising on liquidation type (voluntary, compulsory, etc.)
- Providing a step-by-step roadmap for closure
- Ensuring compliance with all legal authorities and timelines
2. Preparation and Submission of the Liquidator’s Report
What it is:
A Liquidator’s Report is a formal document prepared by a registered liquidator confirming the closure of the business, settlement of debts, and distribution of assets.
Why it matters:
This report is a mandatory requirement by the DED and licensing authorities in the UAE for company deregistration.
Our service includes:
- Appointment of an approved liquidator
- Preparation of initial and final liquidation reports
- Statement of affairs and no-liability declaration
- Official submission of the report to the authorities
3. Document Submission and Coordination with the Department of Economic Development (DED)
What it is:
DED is the main regulatory body for mainland businesses. During liquidation, several approvals, clearances, and cancellations must be processed through the DED.
Why it matters:
Missing or incorrect documentation can delay the liquidation process and attract penalties.
Our service includes:
- Preparing and submitting closure application to DED
- Coordinating with the DED for advertisement and public notice
- Ensuring trade license cancellation and final approvals
- Managing timelines and communications on your behalf
4. VAT & Corporate Tax Deregistration (if applicable)
What it is:
If your company is registered for VAT or Corporate Tax, deregistration is a legal requirement before completing the liquidation.
Why it matters:
Failing to deregister on time may result in penalties and continued tax liabilities.
Our service includes:
- Assessing your VAT and tax compliance status
- Submitting deregistration applications to the FTA
- Filing final returns and settling any outstanding dues
- Monitoring status updates and providing confirmation of deregistration
5. Assistance with Visa Cancellations, Advertisement, and Document Drafting
What it is:
Before liquidation is complete, companies must cancel all employee and partner visas, publish the mandatory liquidation notice, and prepare supporting documents.
Why it matters:
These are critical final steps required to complete the legal closure process.
Our service includes:
- Cancelling visas of shareholders, employees, and dependents
- Publishing public notice of liquidation (45-day requirement)
- Drafting board resolutions, powers of attorney, and legal declarations
Coordinating with immigration, labor department, and other entities
Why Choose The Capital Zone for Liquidation Services?
At The Capital Zone, we understand that closing a business can be both emotional and complex. Our goal is to simplify the process, reduce the burden on your team, and ensure your company exits the market cleanly and correctly.
End-to-End Liquidation Support
Coordination with All Government Authorities
DED, Free Zone, VAT & Tax Expertise
Transparent Timelines and No Hidden Costs
Planning to close your business?
Let our experts guide you through every step. Contact The Capital Zone today for a consultation on company liquidation in the UAE.
