Company Liquidation Services
(LLC Trade License Cancellation, LLC License Termination and LLC Company Winding Up), Free Zone Company Liquidation, Offshore Company Liquidation by Approved Liquidators in Dubai, Abu Dhabi, UAE
Who are UAE Company Liquidators and Free Zone Company Liquidators, UAE Offshore Company Liquidators and what is the LLC (Limited Liability Company) liquidation process and Free Zone Company Liquidation process (winding up operations, Dubai trade license cancellation, UAE voluntary company liquidation, finishing up business) in Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah, Ajman and across the UAE?
How to close a company in Dubai? How to wind up a company in the UAE? How to terminate a license in Dubai and other emirates of the UAE?
Key terms used to describe the above include: Trade License Cancellation in Dubai, License Cancellation (Sole Establishment), Winding up foreign companies in the UAE, Cancellation of Commercial License, and License Cancellation in Dubai.
We are an approved Auditor and Legal Liquidator for various free zones and economic departments in the UAE. We are also legal liquidators for mainland LLC companies across all emirates. We have expertise in all legal and regulatory matters related to company liquidation and have successfully handled hundreds of company liquidation assignments in the UAE under the direct supervision of our management. Our working methodology is designed to cause minimal disruption to your routine business operations.
We will arrange all departmental clearance certificates, handle banking matters, labour and immigration clearances, and all other requirements related to the liquidation process. Please send us your company legal documents so that we can review them and advise you accordingly.
Skywards Consultancy services include the following:
- Preparation of liquidation related legal documents
- Preparation of company board resolutions for liquidation
- Liquidator’s appointment acceptance addressed to the relevant authority
- DED / Free Zone / Offshore authority application and submission
- Newspaper advertisement for company liquidation notice (if applicable)
- Arrangement of clearance letters from DEWA / FEWA / SEWA / ADDC
- Arrangement of clearance letters from Etisalat / Du
- Arrangement of clearance letters from Municipality (if applicable)
- Arrangement of clearance letters from Customs
- Bank account closure and bank no-liability certificate
- Audit of financial statements for company liquidation
- No Liability Certificate
- Employees’ visa cancellation
- Labour card cancellation and clearance certificates (ifa applicable)
- Immigration card cancellation and clearance certificate
- Liquidation report preparation and submission
- Final cancellation letter
- Partner visa cancellation
- Deposit / refund claim follow-up
In short, you only need to appoint us as your UAE company liquidators, and our experts will handle the process and provide your license cancellation certificate while saving you time and hassle.
WHAT IS LIQUIDATION?
UAE Company Liquidation is the process through which an LLC company (or part of a company), sole establishment, RAK offshore company, Dubai free zone company, or institution closes its operations, and the assets and property of the company or institution are distributed to creditors and shareholders (owners) of the UAE-registered company.
Liquidation is also commonly known as winding-up or dissolution, although dissolution technically refers to the final stage of the liquidation process.
The liquidation of a company in Dubai, UAE becomes necessary when a company does not have sufficient liquid funds to continue day-to-day transactions, creditors are not being paid, or the company commits a serious offense and a regulatory authority or Free Zone Authority initiates action against it.
Liquidation may either be:
- Compulsory liquidation (sometimes referred to as creditors’ liquidation), or
- Voluntary liquidation (sometimes referred to as shareholders’ liquidation, although some voluntary liquidations may also be controlled by creditors)
Following are the procedures and document requirements generally presented to the Dubai Economic Department, Economic Departments in other emirates, or Free Zone Authorities in Dubai.
Requirements for Cancellation of Companies in UAE Free Zones
(such as JAFZA, DMCC, JLT, TECOM, DAFZA, Hamriyah, RAK, DSO, Dubai SME)
- Resolution from the Board for liquidating the company and appointment of liquidator
- Immigration and labour department clearance from the Free Zone Authority; all visas must be cancelled and cleared
- Liquidation letter by a registered auditor for FZE & FZCO only
- All fees and charges must be settled with the Free Zone
- Clearance Certificate from Free Zone Authority (for companies transferred from free zone)
- Clearance Certificate from Business Unit (NOC)
- Clearance Certificate from CLD Government Section
- Original License
The above-mentioned procedures and requirements are common in most UAE free zones. However, requirements may change and can vary from one free zone to another.
Process for Cancellation / Liquidation / Winding Up of LLC License in Dubai, Abu Dhabi, Sharjah, Fujairah, Ras Al Khaimah (RAK), or Ajman under Mainland Law and Appointment of Liquidator
LLC Company Liquidation in General
- Pass and notarize Board Resolution to liquidate / cancel / wind up the LLC company and appoint liquidators
- Obtain a letter from the appointed liquidator accepting the appointment as company liquidator
- Get Registration & Licensing Application Form (Form No. BR/1) from the Economic Department of the Emirate
- Submit the company’s Original License and other legal documents
- Letter (release letter) from the property owner in favour of the licensees apart from GCC nationals
- Apply for and obtain No Objection Letters from DEWA, FEWA, Du / Etisalat, Ministry of Labour, Immigration and RTA
- Bank account closure certificate and no-liability certificate for company liquidation in Dubai
- Shareholders’ resolution to dissolve the company from the Public Notary (for LLC companies)
- Company dissolution letter from the Department of Economic Development (DED)
Branch of a Company Registered in Dubai, Other Emirates, or Foreign Company
- Board Resolution from Parent Company for liquidation of the branch office (notarized)
- Original License
- Original Certificate of Registration in the Commercial Register (if the head office is registered in Dubai)
- No Objection Letters from Bank, DEWA, FEWA, Du / Etisalat, Ministry of Labour, Immigration and RTA
Cancellation of Business Company’s (LLC) Registration in Dubai
- Notice of company dissolution and appointment of legal liquidator (approval from
- Legal Department)
Registration & Licensing Application Form from the Economic Department of the respective Emirate - Copies of official documents showing dissolution of the company and proper appointment of a legal liquidator with his/her name and liquidation method
- This may be through a shareholders’ resolution, board resolution duly notarized, or court order
- Certified copies of signatures of company director(s) and the appointed legal liquidator, attested by the Notary Public
- Original Certificate of Registration in the Commercial Register and original trade license
- Copies of the professional license of the liquidator, No Liability Certificate by auditor, and letter from the liquidator accepting liquidation of the company
Cancellation of Licenses and Removal from the Commercial Register
- Certificates issued in other Emirates showing cancellation of licenses (if any)
- Original copy of final liquidation accounts approved by the partners or general assembly and stamped by the legal liquidator
- No Objection Letter regarding cancellation issued by the Ministry of Labour & Social Affairs
- Visa cancellation of partner(s), in case they are sponsored by the license
- Copy of the notice of company dissolution and appointment of liquidator published in two local newspapers
- Letters from the partners confirming agreement to the liquidation of the company
Dubai Free Zones:
Jumeirah Lakes Towers (JLT Free Zone), Dubai Multi Commodities Centre (DMCC Free Zone), Economic Zones World (EZW), Techno Park, Dubai Auto Zone, JAFZA International, Jebel Ali Free Zone (JAFZA), Dubai Aid City, Dubai Auto Parts City, Dubai Silicon Oasis (DSO), Dubai International Financial Centre (DIFC), Dubai Maritime City, Dubai Technology and Media Free Zone (TECOM), Dubai Internet City (DIC), Dubai Knowledge Village (KV), Dubai Media City (DMC), Dubai Outsource Zone (DOZ), Dubai Studio City, Dubai Techno Park, International Media Production Zone (IMPZ), Dubai Health Care City (DHCC), Dubai Industrial City, Dubai Airport Free Zone (DAFZA), Dubai Car and Automotive City Free Zone (DUCAMZ), Dubai Flower Centre Free Zone, Dubai Gold and Diamond Park, Dubai Gold and Commodities Exchange (DGCX), Dubai Carpet Free Zone, Dubai International Arbitration Centre (DIAC), Dubai Textile Village, eHosting Data Fort, Heavy Equipment & Trucks Free Zone, Mohammad Bin Rashid Technology Park.
Abu Dhabi Free Zones:
Other UAE Free Zones:
RAK Free Zones:
RAK Free Trade Zone (RAK FTZ), RAK Investment Authority Free Zone (RAKIA FZ), Ras Al Khaimah Media Free Zone (RAKMFZ), RAK Media City, RAK Centre for Business Excellence, RAK Education Zone, RAK Financial Centre, RAK Industrial and Technology Park.
Trusted Financial & Tax Support for Your
Business in the UAE
Let Skywards Consultancy support your business with reliable financial expertise you can trust. Whether you require professional accounting, audit supervision, tax consultancy, or corporate tax advisory, our experienced team is here to guide you at every step. We work closely with businesses across the UAE, delivering solutions that are practical, compliant, and aligned with local regulations.
Our approach is clear, transparent, and designed to save you time while maintaining the highest professional standards. Every engagement is handled with strict confidentiality and attention to detail. No matter the size or complexity of your business, we provide financial solutions you can rely on. Get in touch today and let Skywards Consultancy manage your financial and tax needs with confidence.
