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Company Liquidation in UAE Free Zones

Company Liquidation in UAE Free Zones

Company Liquidation in UAE Free Zones

Company Liquidation or closing of a company is the process when the company or business completely closes down all of its operations and all the assets and properties of the company distributed to its creditors and shareholders. Closing a company or business is not a straightforward task, but we have the expertise which will help you in a very smooth liquidation of your company or business. The operation is also called as de-registration of the company. We can help you to complete this complicated task in all of the free zones of UAE. To completely terminate a business or company in UAE below mentioned requirements must be followed. Requirements may vary from free zone to free zone but most of them will remain the same in each free zone.


Free Zone Company Liquidation Requirements

  • The company must not have any liabilities
  • All existing active visas must be canceled
  • All existing corporate Bank Accounts must be closed
  • Any assets at time of liquidation must be transferred to the shareholders or a third party
  • All fees and charges concerning the free zone authority must be cleared
  • Immigration clearance must be obtained from Free Zone Authority
  • The company must prepare a resolution to liquidate and appoint a licensed liquidator to carry out the procedure
  • The liquidator must approve the order of action of the company’s liquidation and send confirmation that the company has no assets or obligations/liabilities by preparing a final Audit Report/Liquidation Letter

Required Clearances

  • Clearance certificate from relevant free zone authority
  • Clearance certificate from business unit
  • Clearance certificate from all utilities
  • Clearance certificate from any related authorities as per the regulated activity
  • Clearance for customs

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  • I am a Japanese Chartered Accountant in NewYork and my Japanese Clients are feeling really comfortable with AURIONs support in UAE Business. Actually I have never seen a firm like you in the USA.

    - Mr. Nobu Murata - JapanCREARE FZE
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    - Nasr Husain Warour - Syria Oolchi FZE
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    - Serge Ndiaye - France SN AERO FZE
  • It’s happy to note that Aurion registered the branch of BVI Company in Dubai Airport Freezone perfectly complying with all legal attestations. Thanks to Syam and team.

    - Edwin Marshall Berkins – USA MD, PEREGRINE Development International Inc.
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    - Melanie Silke – Germany Mesity FZE
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    - Ndibe Obi – Nigeria Next International Middle East FZE
  • I have had the opportunity to share the last several weeks with your consultant. It has been an enlightening experience for me and the other company managers.

    - Wadi (M.Munther) Wadi Nabulsi - JordanBargain International FZE
  • I thank Aurion for their timely advice. If definitely saved me a lot of money & time.

    - Chyngyz Shermatov - Kyrgyz Republic Brimpex FZC
  • Aurion is one of the best consulting teams in the UAE for all activities of company formation and related matters. We trust them the most.

    - Ahmed Walid Halabi - US Managing Director, VSD Global (Branch)
  • AURION team has helped us to find the right location to register our company and we appreciate their professional approach.

    - Venkata Surya Prakash Bhaskarabhaitla - India24x7Guru.com
  • I am extremely satisfied with the services provided by AURION. They were very professional and got the work done with expediency.

    - Humaira Siddiqui - PakistanSTRYX FZE
  • Thanks to Aurion's team I am able to concentrate on my work as they handle all other issues in a rapid and professional way.

    - Mr. Marco - Italy PROGESUB GULF FZC
  • I was very impressed on how fast and efficient the team was in incorporating our company within a few days and the exceptional assistance I received in obtaining my visa well within the time advised.

    - Kiabod T Mashad - BritainECAP FZE
  • Very friendly, professional and cost effective company that created a stress free company establishment for GQ Holdings.

    - Adam Wadi - Australia GQ HOLDINGS LTD
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    - Mr. Hydyr - Turkmenistan Hibrius
  • AURION Team did a great job in Incorporating our Company within the expected time and without any hassle. We were happy and satisfy with their Service. Thanking you!

    - Mr. Lukas - Germany JM HYGIENE MIDDLE EAST FZC
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    - Mr. Shidan Shabrokh - UK PENRIX FZE
  • AURION was the most professional Company to provide Customers with less experience in the UAE Company Establishment field a comprehensive Service and Support to get the Business started.

    - Mr. Chris Alan Schubert - GermanyArabian Consulting DWC LLC
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    - Mr. Marcel Bettim Jacobi - BrasilVictory Global FZE

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