Uploaded on Jun 18, 2025
Discover the top legal requirements for company liquidation in Dubai, UAE. Learn the essential steps, documents, and compliance rules to ensure a smooth closure process.
Top Legal Requirements for Company Liquidation in Dubai You Must Know
Top Legal Requirements for
Company Liquidation in Dubai You
Must Know
An Overview
If you're considering company liquidation in Dubai, UAE, it’s crucial to understand
the legal steps involved to ensure a smooth and compliant closure. Whether
you're operating in the mainland or a free zone, following the right procedures is
essential to avoid legal complications, financial penalties, and unnecessary delays.
Dubai has a well-defined legal framework for business liquidation, and being
informed about each requirement can save you time, money, and stress during
the process. Proper planning and professional support are key to executing a
hassle-free company exit.
Key Legal Steps for Company
Liquidation in Dubai, UAE:
Board Resolution Appointment of a Clearance
for Liquidation Liquidator Certificates
Final Audit &
Public Notice
Liquidation
Period
Report
Board Resolution for Liquidation
The first legal step is to pass a board resolution declaring the intent to liquidate
the company. This must be notarized and submitted to the relevant authority—
either the Department of Economic Development (DED) for mainland companies
or the respective Free Zone Authority.
Appointment of a Liquidator
It’s mandatory to appoint a licensed liquidator who will manage the entire
winding-up process. A formal letter of appointment must be submitted, along with
the liquidator’s license copy.
Clearance Certificates
To proceed with company liquidation in Dubai, UAE, you must obtain clearance
certificates from:
The Labour and Immigration departments
Utilities such as DEWA
Telecommunications providers
Relevant leasing or tenancy offices
These ensure that all dues and obligations are settled before the final closure.
Public Notice Period
A liquidation notice must be published in two local newspapers (in Arabic and
English). A waiting period of 45 days is required to allow any claims against the
company.
Final Audit & Liquidation Report
Once the notice period ends, the liquidator will prepare a final audit report
confirming all liabilities are settled. This is submitted along with the license
cancellation application.
THANK YOU
CONTACT US
+971-55 (554) 0853
[email protected]
www.themilestoneuae.com
Comments