Closing a business in the UAE is just as important a decision as setting one up. Whether due to market shifts, restructuring, or business strategy changes, the process of company liquidation must be handled carefully to ensure legal compliance, debt settlement, and smooth exit.
At Don & Company Global Business Solutions (DCGBS), we provide end-to-end company liquidation services across Mainland, Free Zone, and Offshore jurisdictions in the UAE. Our team ensures that your business closure is hassle-free, transparent, and fully compliant with UAE regulations, while minimizing risks for owners, investors, and stakeholders.
• Initiated by shareholders when a company is solvent but chooses to close.
• Suitable for restructuring, mergers, or strategic realignment.
• Ensures debts and liabilities are settled before closure.
• Court-mandated closure, usually when the company cannot pay debts.
• Requires legal proceedings and appointment of a liquidator.
• Strict compliance with creditors’ claims and court directives.
• Liquidation within free zones like DMCC, IFZA, RAKEZ, Meydan, SPC, and others.
• Specific regulations vary depending on the free zone authority.
• Includes closure of trade licenses, lease agreements, and bank accounts.
• Closure of LLCs, sole establishments, and civil companies onshore.
• Requires approvals from DED, Ministry of Labour, Immigration, and banks.
• Comprehensive process involving clearance certificates and license cancellation.
• Closure of offshore entities in JAFZA, RAK ICC, Ajman Offshore, etc.
• Simplified process with fewer regulatory requirements.
• Ensures secure closure of accounts and compliance with registrar rules.
