Prime Tower, Office# 2707, Business Bay, Dubai, UAE
Post on 25-09-2019
UAE Company liquidation requires a certified methodology with severe adherence to formal strategies. Our particular administrations furnish you with a simple leave technique. Since you have taken the toughdecision of dissolving your organization, it's time you start acting responsibly and break up your organization as per the traditions that must be adhered to. Organization liquidation is a long monotonous and argumentative procedure, including filling of bunch application, starting the de-enlistment process and consulting with representatives and a few government offices. To get free, you need legitimate consummation of use structures, careful deregistering of endorsements from different government offices.
requires a certified methodology with exacting adherence to formal systems. Just a total comprehension of the current enactment can enable you to meet the liquidation prerequisites as ordered by the tradition that must be adhered to. We have been giving profoundly concentrated Liquidation Services in Dubaiand Abu Dhabi, to constrained risk organizations, free zone organizations, and seaward organizations crosswise over UAE. With numerous effective terminations added to our repertoire, we have procured the mastery to ensure bother free liquidation to our customers.
When the Board of Directors/Shareholders pass a goals for the liquidation, the responsible person which is a liquidator has to issue an acceptance letter. When the liquidation procedure is started, the liquidator broadcast the liquidation notice before all the members, both in Arabic and English, in 2 neighborhood papers. Distribution of Company Assets is done as per the percentage share of each member in the company and settlement of liabilities will be done by the directors and we will be there to assist for the same. As the last step in the liquidation process, the liquidator prepares the statement of affairs and the liquidator's report.
Liquidation Process in Free Zones is all the same as it is for the other organizations, but sometimes the notice period for the free zone may vary – it can be two or three weeks whereas for the other companies it is 45 days. In the event that you need to exit from every one of these customs and legalities speedier, we can assist you with that also. Company liquidation becomes easier with us and we also try our level best to crack a good deal for you by helping you with finding a client who can buy the firm at good cost.
from corporate tax
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
2 Persons can open up an LLC
The maximum number persons or employees an LLC can have is 50
If you want to open an LLC in Dubai then you have to invest a minimum of AED 300,000/- or USD 81,744/- which is abysmally when compared to the higher forms of organization set ups.
If you want to open an LLC in emirates other than Dubai, then the capital requirement is further down to AED 150,000/- or USD 40, 872/-.
The DED is the vital government body for registering and licensing companies who intend to do business in the mainland of Dubai. The DED recently has been updating its rules and regulations to act as a one stop shop service centre for all licenses in mainland Dubai. Today DED provides fast track services compared to most of the government authorities in other emirates or neighbouring Gulf countries.
Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space
Apply for a trade license
Submit docs and pay license fee
Obtain license & start business operationbr>