Company Liquidation in Dubai, UAE
Backed by 10 years of experience, we handle complex company liquidations in Dubai with precision, preparing audits, securing clearances, and delivering compliant exits across mainland, free zone and offshore structures. Speak with our specialists to make your business closure smooth and risk free.
Trusted Company Liquidation Experts in Dubai & UAE
At Capital Plus Auditing of Accounts, we specialize in helping businesses exit the UAE market with confidence, clarity, and full compliance. With 15 seasoned professionals and over 100 successful liquidations across mainland, offshore, and 20+ free zones, we’ve earned a reputation as one of the most reliable liquidation companies in Dubai.
Liquidating a company involves more than closing doors—it requires:
Final audits and liquidation reports
VAT and corporate tax deregistration
Employee settlements and visa cancellations
Government, immigration, and licensing clearances
What Is Company Liquidation and Why Is It Required?
Company liquidation is the formal process of closing down a business entity by settling its debts, distributing its assets, and removing it from official records. In the UAE, liquidation must comply with regulations set by free zone authorities, the Department of Economic Development (DED), and the Federal Tax Authority (FTA).
Whether due to financial loss, restructuring, or market exit, liquidation ensures legal closure and protects business owners from future liabilities. It’s not just an option—it’s a compliance requirement if you’re shutting down operations in Dubai.
Types of Company Liquidation in Dubai
There are two primary types of company liquidation in the UAE:
Voluntary Liquidation
Chosen by shareholders when a business is solvent but no longer viable or needed. It's the most common and straightforward approach, especially in free zones
Compulsory Liquidation
Ordered by a court due to financial insolvency or legal violations. This process is more complex and requires government intervention.
Timeline: How Long Does Company Liquidation Take in Dubai?
Mainland Company Liquidation: Typically 60 to 90 Days
Mainland companies require additional steps, such as publishing a 45-day creditor notice in newspapers, obtaining clearance from DEWA, the RTA, and the Ministry of Human Resources, and finalizing VAT deregistration. Depending on the responsiveness of these departments, the entire process usually takes two to three months. We work to coordinate all tasks in parallel to reduce wait time and avoid delays.
Free Zone Company Liquidation: Usually 30 to 60 Days
Liquidating a company in Dubai’s free zones is typically faster due to streamline internal processes. Most zones don’t require newspaper publications and have a more centralized approach to approvals. With Capital Plus handling your audit, NOCs, and documentation in sync, many free zone liquidations are completed within one to two months, depending on the authority (e.g., DMCC, JAFZA, DSO).
Offshore Company Liquidation: Varies by Jurisdiction
Company Liquidation Process in Dubai
The company liquidation process in Dubai varies based on your business setup—mainland, free zone, or offshore—each with its own compliance steps and authority requirements. Here’s a simplified breakdown of how Capital Plus Auditing of Accounts handles every stage:
Shareholders’ Resolution
Free Zone companies:
The resolution must be drafted, approved by stakeholders, and submitted to the respective authority (e.g., JAFZA, RAKEZ).
Mainland companies:
The resolution must be notarized by the UAE sponsor. If shareholders are abroad, it requires attestation from the UAE Embassy and Ministry of Foreign Affairs.
Appointment of a liquidator
Free zone companies:
Keep in mind that the relevant UAE free zone authorities must approve the liquidator for the free zone.
Mainland companies:
Appoint the liquidator and submit his formal acceptance letter to the relevant authorities.
Publication of Notice
Free Zone companies:
For Free Zone companies, the respective authority decides the publication method, whether in an official journal or local media.
Mainland companies:
For Mainland companies, a notice must be published in two local newspapers (one Arabic, one English), allowing creditors 40 days to submit claims.
Settling Liabilities and Debts
Mainland companies:
Must clear all debts, settle with suppliers, and cancel active contracts.
Free Zone companies:
Must comply with specific regulations (e.g., DIFC laws), including final settlements and notice periods for employees.
Cancellation of Employee Visas and Work Permits
Mainland companies:
Must cancel residency visas through immigration, revoke MOHRE labor cards, and settle end-of-service dues.
Free Zone companies:
Handle visa cancellations through the free zone authority, along with obtaining No Objection Certificates confirming all employee obligations are cleared.
VAT Deregistration and Tax Clearance
Mainland companies:
Must apply for VAT deregistration with the FTA, clear all dues, and obtain a Tax Clearance Certificate.
Free Zone companies:
Must follow specific zone regulations to complete the VAT deregistration and receive clearance.
Government Authority Clearances
Mainland companies:
Must obtain clearances from utility providers and the RTA for company vehicles.
Free Zone companies:
May need additional NOCs from internal authorities, such as customs.
Final Liquidation Report
Mainland companies:
Must submit the liquidator’s final report to the Department of Economic Development (DED).
Free Zone companies:
Submit the report to their respective authority (e.g., RAKEZ, JAFZA, DIFC) for verification and closure.
License Cancellation and Clearance Certificate
Mainland companies:
Receive a clearance certificate confirming the company’s official liquidation.
Free Zone companies:
Have their license cancelled by the respective authority, marking the end of the liquidation process and removal from UAE records.
Common Mistakes to Avoid During Company Liquidation in Dubai
Not Settling Employee Dues and Cancelling Visas
Failure to cancel visas and settle dues leads to legal issues and blocks your liquidation certificate from being issued.
Delaying Final Audit and VAT Deregistration
Postponing your audit or VAT deregistration results in penalties and delays in receiving your Tax Clearance Certificate.
Ignoring the Creditor Notice Requirement
Not publishing creditor notices properly may cause DED or free zone authorities to reject your liquidation application.
Skipping Government and Utility Clearances
Missing NOCs from DEWA, Etisalat, or customs can completely stall your liquidation—even if all financial steps are complete.
Hiring an Inexperienced or Unregistered Liquidation Firm
Unlicensed consultants may delay or fail your closure. Choose only registered, UAE-approved firms for full legal compliance.
Documents Required for the Liquidation of a Company in Dubai
General Company Documents
Trade license. Memorandum of Association (MOA) and Articles of Association (AOA). Certificate of Incorporation or Formation. Shareholder resolution approving liquidation (notarized and attested if applicable). Power of Attorney (if applicable).
Financial Documents
- Audited financial statements (up to the liquidation date).
- Bank closure statement or certificate confirming account closure.
Tax and Clearance Certificates
- VAT & CT deregistration certificate from the Federal Tax Authority (FTA).
- Clearance certificates from utilities and other service providers.
Employment and Visa-Related Documents
- Employee visa cancellation proof (for all employees under the company).
- Labor and immigration clearance certificates.
Free Zone-Specific Documents (if applicable):
- Clearance certificates from the respective free zone authority.
- Lease cancellation confirmation from the free zone.
Liquidator-Related Documents
- Liquidator’s appointment letter.
- Liquidation report prepared by the appointed liquidator.
Miscellaneous Documents
- Proof of settlement of outstanding debts or obligations.
- NOC (No Objection Certificate) from relevant authorities or stakeholders, if required. Company stamp (for cancellation).
Our Service Areas in Dubai
At Capital Plus Auditing of Accounts, we offer end-to-end company liquidation services in Dubai, covering all major mainland areas and over 20+ free zones. Whether you’re operating in a tech hub, industrial zone, or financial center, our team ensures fast, compliant business closure tailored to your location’s specific regulations.
Our Services Area
- Dubai Airport Free Zone (DAFZ)
- Jebel Ali Free Zone (JAFZA)
- Dubai Multi Commodities Centre (DMCC)
- Dubai Silicon Oasis (DSO)
- Dubai International Financial Centre (DIFC)
- Dubai Healthcare City (DHCC)
- Dubai Internet City (DIC)
- Dubai Media City (DMC)
- Dubai Design District (d3)
- Dubai Production City (DPC)
- Dubai Science Park (DSP)
Mainland Areas
- Business Bay
- Deira
- Bur Dubai
- Sheikh Zayed Road
- Al Quoz
- Jumeirah
- Al Karama
- Dubai Marina
- Al Barsha
- Ras Al Khor
- Al Qusais
Why Choose Capital Plus for Company Liquidation in Dubai?
10+ Years of Expertise in UAE Company Law
With over a decade of experience in UAE company law, we ensure full compliance, accurate reporting, and smooth statutory audits tailored to local regulations across free zones, mainland entities, and multinational operations.
Approved Liquidator in Major Free Zones
As a recognized and approved liquidator in top free zones like DMCC, JAFZA, and DSO, we’re authorized to handle audits, reports, and filings that other firms may not be able to complete directly—saving you time and ensuring compliance.
Recognized by Superbrands & Global Business Outlook
Our excellence is backed by industry recognition. Capital Plus is a winner of the Global Business Outlook Awards 2025 and a Superbrands honoree—reflecting our commitment to transparency, efficiency, and client satisfaction.
Affordable, Transparent Packages
Liquidation doesn’t have to be expensive. Our fee structure is upfront and tailored to your business type—whether you’re a freelancer, SME, or established company. We explain every cost before we begin, and there are no surprise charges at any stage. This makes us a top choice for those seeking cheap but reliable company liquidation in Dubai.
100+ Successful Liquidations Completed
We’ve guided over 100 companies to full closure, each with its own set of complexities. From startup entities to long-standing firms, our team delivers precision, speed, and care in every step of the liquidation process.
Full-Service Team: Auditors, Tax Advisors, PROs
You don’t need to hire multiple vendors. Our in-house team includes licensed auditors, tax consultants, and PROs who manage everything from final financial reports to government clearances—all under one roof.
Fast Turnaround: Closure in as Little as 30–45 Days
We don’t believe in dragging the process. By running key tasks—like audit reports, public notices, and government clearances—in parallel, we reduce wait times dramatically. Most free zone liquidations are completed in just 30–45 days, while mainland closures typically take 60–90 days. Our speed is driven by systems, not shortcuts.
End-to-End Documentation & Clearance Handling
The liquidation process involves up to a dozen official documents and approvals. We take full responsibility for everything—from preparing your final audit to obtaining clearance from DEWA, FTA, labor, and licensing departments. This saves you from chasing departments and ensures your case moves forward without errors or delays.
Remote Process Available for Overseas Shareholders
Even if you're outside the UAE, we can complete the entire process on your behalf. With a Power of Attorney and properly attested documents, our team manages all submissions, follow-ups, and clearances without needing you to fly in. It’s a fully remote, legally compliant process that’s ideal for non-resident shareholders or global investors.
What Our Clients Say
Frequently Asked Questions
The process of winding up a business, known as liquidation, involves valuing and selling off the companies' assets to pay off any debts while taking UAE regulations into account.
During liquidation the company ceased its operation and was no longer allowed to continue functioning.
Regarding the company debt during the liquidation process, the liquidators sell off assets to pay outstanding debt. If there are insufficient funds, some debt may remain unpaid, and creditors may not receive the full amount.
For the employee during the liquidation process, the company must settle all the employee dues; that includes salaries and end-of-service benefits.
The liquidation certificate is a final step indicating that the legal, financial, and operational matters have been handled.
If you are a creditor, you can file for the company liquidation in Dubai by taking legal actions through Dubai courts. In case of insolvency, the court will appoint a liquidator to handle the process.
There is no reverse to the liquidation process; you would need to go through the entire company formation process.
It could be due to several reasons, such as high operational costs, intense competition, and the impact of global events.
Capital Plus Auditing of Accounts provides services in following free zone
