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The Federal Tax Authority (FTA) has officially announced a waiver of the AED 10,000 penalty for companies that failed to register for Corporate Tax within the original deadline.
The Federal Tax Authority (FTA) has officially announced a waiver of the AED 10,000 penalty for companies that failed to register for Corporate Tax within the original deadline.

Liquidate company In the UAE

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Affordable Monthly Accounting Services in UAE

We offer expert accounting and bookkeeping services, ensuring financial accuracy and compliance. Our professionals streamline financial management.

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Liquidation Services in Dubai

Liquidating a company in Dubai can be a complex and time-consuming process, but our team of experienced liquidators in the UAE is here to simplify the legal procedures and support you every step of the way. If your company is facing financial challenges such as insufficient revenue or significant debt accumulation, we can provide the assistance you need.

At Litrix, we prepare a detailed Liquidator’s Report, also known as a No Liability Letter, created by a professional auditor. We then issue an Appointment of Liquidator’s Letter to notify the relevant licensing authority, followed by a Final Liquidator’s Report, ensuring that all potential liabilities of the company have been verified.

In UAE there are two types of Liquidations

Voluntary Liquidation

When business owners decide they no longer wish to operate or are unable to continue running the business, they make a collective decision to exit the market through voluntary liquidation.

Mandatory Liquidation

This occurs when the licensing authority or a UAE court mandates the company’s liquidation due to actions that violate regulations or are outside the scope of their permitted business activities.

How Litrix is different from others

As an experienced Auditor and Liquidator, Litrix understands the financial intricacies of companies across various industries. This expertise enables us to streamline the company closure process, making it as smooth as possible. Litrix has successfully liquidated numerous entities, including Limited Liability Companies, Free Zone Companies, and Offshore Companies. We assist business owners in exiting their ventures legally and efficiently.

As Liquidators, our responsibilities include:

Drafting the Board Resolution

Publishing advertisements in English and Arabic newspapers

Settling with employees

Resolving debts with creditors and suppliers

Preparing and submitting the Liquidator’s Report for final de-registration.

Submit final report for de-registration.

Closing bank accounts

Obtaining NOCs from DEWA and local telecom companies

Cancelling registered tenancy agreements

De-registering with the FTA

Preparing the Liquidator’s Report

Visa cancellations

At Litrix, we provide comprehensive company liquidation services for all Free Zones across the UAE, ensuring a seamless and compliant closure process.

Dubai Development Authority (DDA)

International Free Zone Authority (IFZA)

Dubai Media City (DMC)

Dubai Multi Commodities Centre (DMCC)

Jebel Ali Free Zone (JAFZA)

Dubai South Free Zone (DWC)

Dubai Silicon Oasis (DSO)

Dubai World Trade Center (DWTC)

Department of Economic Development – DED

Dubai Studio City (DSC)

Dubai Production City (DPC)

Dubai Flower Center (DFC)

Dubai CommerCity

Meydan Free Zone (MFZ)

Dubai Internet City (DIC)

GoFreelance (Tecom)

Dubai International Financial Centre (DIFC)

Dubai Airport Free Zone Authority (DAFZA)

Dubai Design District (D3)

Dubai Healthcare City (DHCC)

Dubai Science Park (DSP)

Dubai Auto Zone (DAZ)

Dubai Knowledge Park (DKP)

Dubai Outsource City (DOC)

Dubai International Academic City (DIAC)

Dubai Gold and Diamond Park

Sharjah Airport Intl. Free Zone (SAIF Zone)

Ajman Offshore Dubai

RAK Offshore Dubai

Abu Dhabi twofour54 Free Zone

Ajman Free Zone Dubai

Creative City Fujairah

Umm al Quwain Free Zone

Hamriyah Free Zone Authority (HFZA)

Sharjah Research Technology and Innovation Park

Close Your Company the Right Way

Ensure a smooth, compliant, and hassle-free liquidation process with Litrix experts by your side.

Approved Auditors & Auditing Services

Expert auditors at Litrix in UAE ensure financial accuracy and compliance. We optimize business performance through cutting-edge auditing techniques.

Approved Liquidation Services

Litrix streamlines company liquidation in Dubai, Free Zones, Offshore, and Mainland UAE. Our experts ensure a seamless and compliant business closure.

Free TAX Consultancy, Corporate TAX Registration, VAT Registration, TAX Advisory Services

At Litrix, we offer a wide range of tax solutions tailored to meet the diverse needs of businesses in Dubai.

Exit Stress-Free with Expert Support

From clearances to final approvals, we handle every step of your company closure in the UAE.

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