Company liquidation in UAE requires a qualified approach with strict adherence to formal procedures.
It includes several steps starting from notifying DED of the liquidation, publishing advertisement in 2 local newspapers, submitting liquidation report, getting external approvals, Immigration and labour file clearance, followed by getting the license cancellation certificate from DED. It may take upto 60 working days. Only a complete understanding of the existing legalization can help you meet the liquidation.
Are you planning to liquidate your company? Get a free consultation today from Enterprise House.