Closing a mainland company in the UAE is a structured legal process that requires compliance with government regulations and financial obligations. With OKB, company liquidation becomes smooth, transparent, and fully compliant, ensuring you can exit the market without unnecessary complications.
Mainland company liquidation involves several important steps, including clearance from relevant authorities, settling liabilities, and finalising legal documentation. Whether it’s a
voluntary closure or required due to business restructuring, OKB ensures that every stage is handled professionally and efficiently.
Shareholders must pass a resolution approving the
liquidation.
A licensed liquidator is appointed to oversee the process.
Submit an application to cancel the trade licence with the Department of Economic Development (DED).
Clear all outstanding debts, employee dues, and utility bills.
The appointed liquidator issues a final report confirming closure.
A liquidation notice is published in a local newspaper.
Obtain approvals from authorities such as DED, Ministry of Human Resources & Emiratisation, and the Federal Tax Authority (if applicable).
Submit documents to DED, pay required fees, and receive the company’s liquidation certificate.
With OKB, you don’t need to navigate this process alone. We handle the paperwork, legal
compliance, and government coordination, making your mainland company liquidation
quick, compliant, and hassle free.
