Company Liquidation
Company Liquidation Service in UAE
Company liquidation, being the formal closure of a business, involves several important legal and administrative steps. The consultants at QBS assist clients through every stage of the process—from initiating the winding-up procedures to preparing the final statement of affairs and the liquidation report.
There are situations where once-active companies become non-operational or reach the end of their business term. In such cases, liquidation becomes necessary, and a professional liquidation expert is required to manage the process until complete deregistration. Whether the closure is voluntary or mandatory, QBS ensures a compliant and seamless transition.
Liquidation can be a complex and time-consuming procedure if not handled by experienced professionals. The process includes finalizing the company’s affairs, liquidating stock and assets, settling outstanding commitments, and ensuring fair distribution among shareholders and creditors. With its structured and reliable approach, QBS provides trusted company liquidation services across the UAE.
As per UAE commercial law, a company may be liquidated and deregistered under any of the following conditions:
- When the majority of shareholders decide to liquidate the company.
- If the company incurs losses exceeding half of its authorized capital.
- When a court issues an order to dissolve the company.
Some special cases may also require liquidation, such as when a key partner or essential member of the company exits and the remaining shareholders decide to wind up operations.
If you are looking for assistance with company liquidation, QBS can guide you through every step of the process. Our team helps manage all procedures involved in company liquidation in Dubai, ensuring a smooth, compliant, and professionally handled closure.