If and when a company enters the liquidation process, it undergoes a series of complex processes. We are one of the best business consultants in Dubai and UAE, our expert employees help you through this whole company liquidation process. In case of insolvency, all shareholders need to come to an agreement regarding the disposal of assets that meets the recurring abilities. In some cases, the liquidation company for sale retains its assets and immovable properties for handing over to the new owners.
We, Helen & Sons, UAE, the best business management consultancy in UAE, make the whole process streamlined for its ease of execution. As we are one of the best companies liquidation companies in the UAE, our experts and specialists help your company with all processes. We offer a commitment to you for delivering a comprehensive package of our company liquidation services.
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- There exist no current liabilities for the company.
- All the active visas under the company should be canceled.
- All corporate bank accounts that are opened under the company should be terminated.
- All the assets of the company are to be legally transformed to its shareholders.
- The pending payments or dues that are to be paid to the Free Zone authorities must be immediately cleared.
- You must seek immigration clearance from the Free Zone authorities of the respective jurisdictions.
- The company must pass a resolution or take a formal/ official decision to liquidate the company and appoint a verified liquidator to proceed with the entire company liquidation process.
- The selected company liquidator must express the willingness to undertake the company liquidation process.
- The company liquidator must prepare a liquidation letter or the final audit report confirming that the company undergoing the liquidation process has neither any asset registered in the name of the company nor any liabilities or obligations to fulfill.
- Free Zone Authorities
- Utility Providers
- Electricity and Water Authority
- Customs Department
- Telecommunication Authority
- RTA
