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Liquidation

Company Liquidation Services

Easify Business Solution is one of the outstanding companies in the UAE offering several opportunities for liquidation. Liquidation is a boon for companies that can't succeed in the current competitive market. We assist you in liquidating a company and distributing its assets to stakeholders, thereby minimizing your losses. Our company makes an effort to complete the entire procedures during liquidation.

Steps in Liquidation Process

  • ● Need to prepare and submit liquidator’s confirmation to license authority.
  • ● Liquidation advertisements need to be published in any two newspapers and should wait for a response.
  • ● Pay off all employees and cancel their visas.
  • ● Close bank accounts and receive a closure letter from the bank.
  • ● Obtain an NOC from the concerned authority.
  • ● Company needs to get deregistered.
  • ● Liquidators' reports should be issued by the liquidator.
  • ● All legal documents and liquidators' reports need to be submitted.
  • ● Submit the originals to the license authority after verifying the above documents.

Documents Required for Company Liquidation

  • ● License copy
  • ● Copy of MOA (Memorandum of Association)
  • ● Shareholder’s passport copies and copy of Emirates ID
  • ● Shareholders resolution
  • ● De-registration application form