Keeping a dormant or inactive company registered in the UAE can create ongoing administrative responsibilities, even when the business is no longer generating revenue. Companies may still need to maintain...
Closing an Offshore Company in the UAE requires choosing the appropriate legal exit procedure. Although company strike off and company liquidation may both result in a business ceasing to operate,...
Company Closure | Final Deregistration Your company may have stopped trading. Your staff may have left, and your final accounts may be ready. But does that mean the business is...
Closing a business does not automatically close its tax file. Before the Federal Tax Authority completes the tax deregistration process, it expects the company to deal with its outstanding Corporate...
Company Liquidation UAE Documents Checklist helps business owners prepare the records they may need when closing a company. The required paperwork depends on the company type, licensing authority, outstanding liabilities,...
Closing a business in the UAE involves more than stopping operations or allowing a trade licence to expire. Companies must follow the applicable procedures to cancel their licences, settle outstanding...
How long does it take to close a company in the UAE? There is no single timeline for every business. The answer depends on its legal structure, licensing authority, financial...
Dissolution and liquidation are closely linked, but they do not mean the same thing. Dissolution is a legal decision or event that starts a company’s closing stage. Liquidation deals with...
UAE Company Closure Guide Company Liquidation vs Strike-Off: Understand the Right Closure Route Stopping business activities does not always mean a company is legally closed. In the UAE, some companies...
Dubai is one of the UAE’s most popular destinations for entrepreneurs, investors, freelancers and international companies. But for many new business owners, the biggest question is simple: how much money...
Dubai is one of the UAE’s most popular destinations for entrepreneurs, investors, freelancers and international companies. But for many new business owners, the biggest question is simple: how much money...
Under the UAE Commercial Companies Law, Federal Decree-Law No. 32 of 2021, liquidation is generally conducted by one or more liquidators. These are appointed by the partners, General Assembly, or...
