Close your UAE company cleanly â liquidator's report, final VAT and Corporate Tax returns, deregistration and licence cancellation without lingering penalties.
Simply letting a licence lapse does not end your obligations. VAT and corporate tax registrations remain live, returns continue to fall due, and penalties keep accruing against the company and can follow its owners. A structured liquidation clears every authority in the right sequence and gives you written closure.
Most SME liquidations take 45â90 days depending on the authority, newspaper notice periods and how quickly final VAT/CT returns can be closed. We manage the sequence so no step waits on another unnecessarily.
Yes, once taxable supplies have ceased or dropped below the voluntary threshold. Deregistration must be applied for within 20 business days; late applications attract an AED 1,000 penalty per month, capped at AED 10,000.
Yes. On cessation the company must apply to deregister within three months and file a final return for the period up to cessation, paying any tax due before the FTA approves deregistration.
Penalties must be settled or a reconsideration/waiver obtained before the FTA will approve deregistration. We review whether any penalties can be contested before you pay.
Most authorities require a liquidator's report supported by audited final accounts, prepared by a registered auditor. Some free zones accept a simplified process for very small entities.
Speak directly with a Chartered Accountant â not a sales desk. Free 30âminute consultation, fixed fees, no surprises.