Company Liquidation Services in Dubai

Company liquidation encompasses the process of ending the business operations and closing down a company due to many unfortunate reasons. The end of business operations and closing down a company involves numerous tasks such as distributing the organizational assets to the distributors and shareholders.The liquidator carries out the entire process of company liquidation. The court or shareholders appoint the liquidator as per the type of company liquidation.There are numerous tasks and activities to be carried out by the liquidator.

EBMS offers the best company liquidation services in Dubai.

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What Are The Prime Responsibilities Of A Liquidator?

The liquidator holds the prime responsibility to make informed decisions and carry out each task involved in the process of any Company Liquidation.

The initiation of the company liquidation process is done by the liquidator. The liquidator is required to accept the appointment letter sent by the shareholders and the owners to start the tasks and activities involved in the process. The liquidator publishes the news of the company liquidation in two local newspapers in both English as well as the Arabic language. The liquidator distributes the company assets and settles all the liabilities. The liquidator prepares the statement of affairs and also a Liquidator’s report during the final stage of the process. EBMS provides the best liquidators in Dubai to make the company liquidation process in UAE hassle-free. Ready to avail to our company liquidation services in Dubai? Get in touch with us today!

What Are The Different Types Of Company Liquidation in UAE?

Compulsory Liquidation

The Company is said to undergo a compulsory liquidation process when they receive a Court Order to wind up all the business operations and liquidate the Company. The organizational assets are distributed amongst the creditors and other stakeholders of the organization based on the priority of their contribution towards the organization.

Voluntary Liquidation

When the shareholders of the Company decide to wind up the business operations of the organization and liquidate the Company because they do not have enough money to pay to the creditor and run the business, it is said to be known as Voluntary Liquidation. The creditors are given the topmost priority in Voluntary Liquidation.

What Are The Documents Required To Carry Out The Company Liquidation In Dubai, UAE?

The Government in the UAE enlists numerous documents to be submitted throughout the process of Company Liquidation.
The critical documents required to carry out the Company Liquidation process in both Free Zone as well as Mainland are:-

  • The Power of Attorney has to be provided if the organization possesses such a document.
  • Proof of their Emirates Identity
  • Proof of their License
  • Application for de-registration
  • Copies of the passport of all the shareholders
  • Proof of the Memorandum of Association
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Tarek Al-Sadat
2022-09-02
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Best in Class documentation and business setup with continuous support and follow-up Very fast progressSpecial thanks to Geniza Carreon
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Mahendra Sancheti
2022-09-02
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I started my business online last year and registered mainland this year, I always thought having mainland license will be a nightmare, but I could not believe how Afzal Hussain made the whole process so EASY, well done Afzal and EBMS, I will definitely will get my all the business services from you guys only, couldn't be more happier than this, Best business service provider by far 😀👏
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Arathi Sreekumar
2022-09-01
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I was introduced to EBMS Business Services by a friend who spoke very highly of the team and the entire process of obtaining a trade license. My experience with the team especially with Ms Geniza F Carreon is truly commendable. With their constant support and step-by-step guidance I was able to process and obtain my license within 2 days . Thanking the entire team of EBMS for helping me obtain my Trade license !
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2022-08-31
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Chhaya and avantika Makes the process easy !! Very good service and reliable
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2022-08-31
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Excellent Service at reasonable cost. Ms Geniza F Carreon did an exceptional work in handling all work with incorporating company and getting all the documents and visa..
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Bhatti Ge
2022-08-31
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I will give 5stars,because service very fast and quick reply.I would like recommend to get help from EBMS BUSINESS SERVICE. I want add some word for her,most helpful on time reply and professional.her name is Ms. Avantika.thanks
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2022-08-31
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2022-08-30
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The EBMS staff is very helpful , I have registered company through them. And everything went smoothly I didn't even have to go anywhere for registration or something. Amazing customer service and affordable packages.
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2022-08-29
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EBMS A Well managed and professional service provider. The owner and staff is very cordial.From start to End all the process is very well handled by the team, Avantika Afzal Fahad Nagraj ji all are superb in their work. Thanks team EBMS for a hassle free experience towards establishment.

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