DED Liquidation Report for Mainland Companies

Overview

When a mainland company in Dubai is closed, the licensing authority requires a final liquidation report — a statement of the company’s assets, liabilities and final position at the date of closure. The Department of Economic Development (DED), now part of Dubai Economy and Tourism, uses it to confirm that the company has settled its obligations before the licence is cancelled.

FS Consulting prepares your liquidation report from your records, reconciles the final balances and supports you with any questions from the authority.

Who needs this service?

• Owners of mainland LLCs and establishments closing a Dubai company
• Shareholders winding up a dormant company
• Businesses restructuring or merging entities
• Companies that stopped trading and want to end annual renewals

What’s included

• Review of accounts up to the liquidation date
• Preparation of the final liquidation financial statements
• Liquidation report issued for submission to the authority
• Reconciliation of assets, liabilities and shareholder balances
• Support with queries from the licensing authority
• Guidance on the next steps: FTA deregistration and licence cancellation

Documents we typically need

• Trade licence and MOA
• Shareholder resolution to liquidate
• Passport and Emirates ID of owners
• Bank statements up to the liquidation date
• Accounting records and trial balance
• VAT and Corporate Tax registration details
• Tenancy contract and termination details
• Details of employees and labour clearance (if applicable)

How it works

1. Define liquidation dateWe agree the cut-off date and the scope of the report.
2. Accounts reviewWe review and reconcile your records to that date.
3. Report preparationWe prepare the final liquidation report and financial statements.
4. Submission supportWe support you with the authority’s requirements and next steps.