• Closing a company is not just a formality. It is a legal procedure that protects business owners from penalties, account freezes, and future claims — both in the UAE and in the European Union. It's important to complete the process on time and in full compliance with the law, even if the company has not been active for a long period. Proper liquidation marks the end of a company’s life cycle — clean registries, closed accounts, and a clear path toward new projects.
    Elena Variukhina, Founder of Eagle Eye
    Consultant-methodologist in international tax planning, financial reporting, and business structuring, with over 15 years of experience

Why proper liquidation matters

In the UAE, formal liquidation is a legal requirement, not an option. Without deregistration, a company remains active in government records — and the owner continues to bear legal and financial responsibilities.
If a business has stopped operating but has not been officially liquidated, the license remains valid.

This means continued accrual of penalties and renewal fees, as well as personal liability for shareholders and directors.

Official liquidation confirms that the company has fulfilled all obligations to government authorities, banks, and partners.
It allows owners to close this chapter with confidence and maintain a clean compliance record for future ventures.

When to Liquidate a Company

The company is no longer active
Even with zero operations, annual renewal fees continue to accrue, and the trade license must still be renewed.
The owner’s plans have changed
You are relocating, restructuring your business, or registering a new company — the previous entity should be closed properly.
There are debts or risks of penalties
Delays in liquidation can lead to frozen bank accounts, travel bans, and court proceedings.

Stages of Company Liquidation in the UAE

Resolution and appointment of a liquidator
The shareholder issues a resolution to close the company and appoints a licensed liquidator (audit firm or qualified specialist). A consent letter and basic document package are prepared.
Notification to the regulator
The liquidation file is submitted to the DED/DET (Mainland) or the respective Free Zone authority. A liquidation notice is published in two newspapers (Arabic & English), initiating a 45-day period for creditor claims.
Settlement
of obligations
Visas and employment contracts are cancelled, outstanding payments are cleared, corporate bank accounts are closed, and all contractual relations are finalized.
Obtaining clearance certificates
The company secures no-liability confirmations from utilities (DEWA, SEWA, FEWA), telecom providers (Etisalat, Du), MOHRE, GDRFA, and landlords.
Final report (Liquidation Balance)
The liquidator prepares a final statement confirming that all assets and liabilities have been settled and attaches supporting financial documentation.
Review and approval by the regulator
The registration authority reviews the liquidation balance and clearance certificates and confirms that internal procedures are complete.
Tax deregistration
(FTA De-registration)
Final VAT and Corporate Tax returns are filed, FTA accounts are closed, and the company’s taxpayer status is terminated.
Issuance of liquidation certificates
The authority issues the License Termination Letter and De-registration Certificate, officially confirming that the company has been liquidated and removed from the registry.

Comprehensive Support for Company Liquidation in the UAE

We provide full assistance with the liquidation of companies registered both on the UAE mainland and in Free Zones — from drafting resolutions and notifications to obtaining the final deregistration certificate.

With Eagle Eye, your company is closed properly and risk-free: all obligations fulfilled, accounts closed, and your business record stays clean.
  • Analysis of your legal status and jurisdiction
    Defining your license type, registration authority, and required documents.
  • Consultation on the liquidation scenario
    Explaining the difference between Mainland and Free Zone procedures, voluntary and compulsory liquidation.
  • Document preparation
    Drafting resolutions, liquidator appointment letters, applications, and publication texts.
  • Coordination of all clearance processes
    Assisting with no-liability certificates from utilities, banks, and authorities while tracking deadlines.
  • Preparation of the final report
    (Liquidation Balance)
    Consolidating financial documents and submitting them for approval to the registrar.
  • Delivery of certificates to the client
    Providing the official confirmation package for company deregistration.
  • Preparation of final tax reports
    Closing the final VAT and Corporate Tax periods and submitting returns to the FTA.
  • Tax deregistration
    Obtaining the FTA certificate confirming the company’s removal from the taxpayer register.

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Why Choose Us?

Guaranteed Account Opening: Personal and Corporate
Advice on doing business in the UAE, we will tell you about all the risks and pitfalls
Assistance with Permits and Certificates in the UAE
We Partner with Top UAE Banks
We work directly with government agencies, no intermediaries
Transparent Terms: Official contract with timelines, stages, and fees
One-Stop Approach: No need to run around searching for services
VIP Assistance Available: Including airport meet and greet, transfers, and accommodation control

We provide comprehensive support at every stage of your business development

Companies Assisted
200+
Years in the Market since 2016
8+
Years is the average duration of client relationships
5+
of Clients recommend us to their friends
100%
Our Mission
To deliver comprehensive solutions for business operations in the UAE, ensuring reliability and efficiency in accounting and tax compliance.

We aim to be your trusted partner, helping you achieve success in the international business environment through professionalism, innovation, and exceptional service.

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Dubai
info@acceagleeye.com
Oh My Desk, Al Fattan Downtown, 32d St Al Satwa
Dubai, UAE
+971 52 552 9700
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