Mainland LLC Liquidation — DED & FTA

Overview

Liquidating a mainland LLC involves several authorities and steps that must be completed in the right order: a shareholders’ resolution, liquidation reporting, deregistration with the Federal Tax Authority, labour and visa clearances, and finally cancellation of the trade licence with the Department of Economic Development (DED).

We run the complete process for you from start to finish, so you are not chasing multiple departments and your company is closed with all obligations settled.

Who needs this service?

• Owners of mainland LLCs closing their business
• Partners separating or exiting a joint venture
• Companies that have stopped trading and want to stop renewals
• Businesses restructuring into a new entity

What’s included

• Review of your company status and outstanding obligations
• Shareholders’ resolution and liquidator appointment documents
• Final accounts and liquidation report
• VAT and Corporate Tax deregistration with the FTA
• Guidance on labour, visa and Emirates ID cancellations
• Liquidation filings and trade licence cancellation with DED
• Guidance on bank account closure and lease termination

Documents we typically need

• Trade licence and MOA
• Shareholder resolution and passports of partners
• Emirates ID and visa details of owners and staff
• Tenancy contract (Ejari) and termination details
• Bank statements and accounting records
• VAT and Corporate Tax registration details
• Labour card and employee settlement details
• Any NOC or clearance letters requested

How it works

1. AssessmentWe review your company, accounts and outstanding obligations.
2. Reporting and resolutionsWe prepare the liquidation documents and the final report.
3. Authority clearancesWe deregister with the FTA and complete other clearances.
4. Licence cancellationWe complete the DED cancellation and close out the file.