- Welcome to SKM Internationals
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102, AI Tawhidi Building, Bur
Dubai - United Arab Emirates
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sushil@skminternational.com
+971 50 5851327
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Sun - Thur 9 AM - 6.30 PM
Sat 9.30AM - 3PM
Liquidation of Companies
SKM International chartered Accountant is approved and registered with all UAE free zones and mainland Authorities for liquidation of companies in UAE. We have experienced, dedicated team for liquidation, who have executed liquidation for all free zones and mainland catering to majority of industries. You can contact following Manager for liquidation.
Ms Suraksha +971503144800
suraksha@skminternational.com
Steps for Liquidation
Overall process for liquidation is same for liquidation for mainland and free zone companies are. However, steps, timeline, and some legal requirements
✓ Informing free zone authority one month in advance mentioning the reason for liquidation
✓ Board Resolution passing by management for liquidation of the company
Attestation of resolution required
i) by signing in front of free zone representatives. (if shareholders are in town)
ii) If Shareholder could not attend personally, the above mentioned procedure can be done by online (limited to few free zones) otherwise the resolution has to be notarized and attested from the UAE embassy of respective country and the same has to be legalized from Ministry of Foreign Affairs, UAE
✓ Appointment of liquidator
✓ Liquidator consent for accepting liquidation
✓ News paper advertisement by liquidator or free zone authority
✓ Closing all accounts including labour (cancelling visas)
✓ immigration clearance
✓ DEWA / Etisalat clearance
✓ Lease cancellation
✓ Po box closure
✓ VAT de registration certificate
✓ paid off all liabilities. (No liability Certificate)
✓ Submitting all original documents of company
✓ Bank closure letter
✓ Final Audit Report and liquidation report
Timeline for liquidation
In normal circumstances, when all documents are available from client, liquidation can be completed in 45 to 60 days.
Contact our manager in liquidation department
Ms Suraksha +971503144800
suraksha@skminternational.com
