This article will help you understand how the liquidation process works in Dubai. It covers what it involves, the steps to follow, and more. Closing Down a Business in Dubai There comes a point in every business journey when closing down isn’t a failure; it’s a smart decision. With shifting markets and evolving priorities, sometimes […]
Step-by-Step Guide to Liquidating an Offshore Company Offshore companies in the UAE, such as those registered under RAK International Corporate Centre (RAK ICC), JAFZA Offshore, or Ajman Offshore, follow a slightly different liquidation process than mainland or free zone companies. Since these entities are not allowed to operate inside the UAE or issue visas, the […]
Step-by-Step Guide to Liquidating a Free Zone Company in Dubai Liquidating a business in a Dubai Free Zone is generally more streamlined than in the Dubai Mainland, but it still involves multiple clearances, official filings, and coordination with the free zone authority. Each free zone has its regulations and procedures, but the general steps remain […]
Step-by-Step Guide to Liquidating a Mainland Company in Dubai Mainland Liquidating a mainland company in Dubai is a structured process that involves multiple government departments, legal notices, and financial clearances. Step 1: Pass a Shareholder Resolution For civil and LLC companies, the process starts with a resolution signed by all shareholders or partners confirming the […]
