Liquidation And Deregistration Services in Dubai, Abu Dhabi, Sharjah, Fujairah, Ajman
Company Liquidation And Deregistration in Dubai, UAE is the process when the company closes down its operations and the assets and property of the company are distributed to creditors and shareholders of the Company. Company Liquidation and Deregistration Services in Dubai process may vary from one UAE Free Zone to another, but still, it is very similar for most of them. No matter what type of business you own in the UAE, you must cancel your business license and all related permits associated with it when you have made your decision to close it down. This page provides a summary of the formalities for closing your business and canceling its license properly.
It is important for relevant government entities to know that you are no longer in the business so you will avoid any accumulated fines and penalties incurred upon your license when it is not renewed upon the expiry date. If you are in a shareholding company, it is important to discharge your liabilities towards creditors and partners and protect your interests and shares. It is also wise to put your goodwill and business reputation in perspective if you decide to open a business again.
KGRN Liquidation and Deregistration Firms in UAE includes:
- Managing and supporting the liquidation process
- Advising of asset disposal
- Supporting to liaison with liquidation accounts
- Supporting for complete documentation
- Assisting in preparation of resolutions, power of attorney, liquidator’s statement
Liquidation and Deregistration Services in UAE listed are
- Change of shareholder
- The trade part of the total shares
- Change Manager/Director /Secretary
- Change activity or add a new activity
- Change company name
- Board resolution must be provided for license amendment.
- Translation & Attestation services
Company Closing in UAE
- A company must be either renewed every year or else it should be closed.
- Leaving a company without renewing for a long time might bring trouble while opening any other business.
- While closing a company all the penalties must be paid.
- Penalties for the number of days that the company was left expired must be paid.
Presence one of the foremost advisory firms in Dubai, we offer Liquidation & Deregistration services to all types of businesses from all divisions (construction, advertising, banks, offshore companies) controlled by the Dubai Economic Department and founded anywhere in Dubai including the free zones—Jebel Ali Free Zone (JAFZA), Dubai Knowledge Village, Dubai World Central, Dubai Airport Free Zone (DAFZA), Jumeirah Lakes Towers (JLT), Dubai Silicon Oasis (DSO), Dubai Multi Commodities Center (DMCC), TECOM, Media City, Dubai Internet City, etc.
Abu Dhabi is the capital of UAE and that is why it invites the business owners & investors. Kgrn also suggestion Liquidation & Deregistration firms in Abu Dhabi. Below are specific of the free zones where our auditors have knowledge of Liquidation & Deregistration in Abu Dhabi, for example, Abu Dhabi airport free zone (adac), industrial city of Abu Dhabi (icad), Khalifa industrial zone Abu Dhabi (kizad), masdar city & twofour54.
Thousands of small & mid-size corporations are elaborate in the advisory in Sharjah, which brands this state very significant for the UAE budget. KGRN Chartered Accountants have specialized CPAs & CAs who have years of experience in providing that Liquidation & Deregistration services in Mainland & Free Zones from corner to corner Emirate of Sharjah, for example, SAIF Zone, Hamriyah Free Zone & Sharjah Media City.
KGRN Chartered Accountants are not only between theLiquidation & Deregistration in dubai but also rated as finest audit & advisory services provider in Fujairah that is situated on the eastern coast of UAE. Fujairah Mainland, Fujairah Creative City & Fujairah Free Zone are the foremost business areas in Fujairah.
KGRN Chartered services are presented to each & every business that needs to know the recent financial position of it. It helps you to survey international & local Liquidation & Deregistration standards & necessity. Like for other states, KGRN also activates in Ajman to offer you a wide range of accounting & advisory services. We deliver our services in both mainland & free zones in Ajman.