Company Liquidation Services in Dubai

...

Expert Company Liquidation Services in Dubai

We at IDS Group realize that closing a business may be just as difficult as starting one. As a leading Business Setup Company in Dubai, we provide full company liquidation services to ensure a seamless and compliant closing of your Business Operations.

Company Liquidation is a multi-step Legal and Administrative procedure that is quite complex. IDS Group offers complete assistance to guarantee that the liquidation of your business is completed effectively and in accordance with all Dubai legislation. The procedures for liquidating a Limited Liability Company (LLC) in Dubai are listed below.

Steps in Company Liquidation:

  • LLC Cancellation

    Initiate the liquidation process by formally terminating the LLC with the appropriate authorities.

  • Board Resolution & Court Approval

    Obtain a Board Resolution approving the Liquidation, which needs authorization from the court.

  • Initial Application

    Contact the Department of Economic Development (DED) to submit the initial liquidation application.

  • Appointment of Liquidator

    Assign the management of the liquidation process to an approved liquidator. Along with supervising the liquidation, the liquidator will provide a statement of accounts.

  • First Stage Payment to Auditor

    Pay the designated Auditor the first Payment so they can examine and accept the Business's Financial statements.

  • Newspaper Advertisement

    Post a notice of Liquidation in at least two local newspapers, giving any creditors 45 days to make claims.

  • Second Stage of Liquidation

    Following the notice time, continue with the Liquidation Process' completion.

  • Immigration Zero Print

    To verify that all Visas under the Company have been canceled, obtain the Immigration Zero print.

  • DED Submission

    Send the Liquidation Documents to the DED, along with the Liquidator's Statement and the Auditor's report.

  • Payment Voucher from DED

    Receive and settle the DED-issued Payment Voucher for the Liquidation process.

  • Cancellation Certificate from DED

    Obtain the official DED Cancellation Certificate, which confirms the Liquidation completion.

Benefits of Choosing IDS Group for Liquidation Services

  • Complete Support

    From the first consultation to the final deregistration, we give complete help throughout the Liquidation Process, covering every element to ensure a smooth transition.

  • Customized Approach

    We understand that each company is different. Our solutions are customized to meet the unique requirements and circumstances of your company, ensuring a successful and personalized Liquidation Process.

  • Seamless Execution

    With strong connections with local authorities and a full understanding of Legal process, we speed the Liquidation process, reducing delays and assuring a smooth closure.

  • Reliable and Trustworthy

    Our dedication to professionalism and expertise ensures that we will manage your Company's Liquidation with the utmost care and honesty.

IDS Group is a reliable source for Effective & Professional Company Liquidation Services in Dubai.