ICB Tax Consultancy provides expert company liquidation and deregistration services across the UAE, ensuring a smooth, compliant, and efficient process. Whether you're closing operations in Dubai or anywhere in the UAE, our experienced team offers guidance through every legal, financial, and procedural step.
When your business operations need to cease in the UAE, it’s essential to follow the proper deregistration and liquidation procedures to avoid legal and financial complications. At ICB Tax Consultancy, we specialize in assisting companies with liquidation and deregistration in Dubai and across the UAE.
Our team of experts understands the complexities involved in company closure and provides end-to-end support. From de-registering your trade license to settling outstanding liabilities and ensuring full compliance with UAE legal requirements, we guide you every step of the way.
We ensure all legal formalities are completed, including submitting necessary documents to authorities such as the Dubai Economic Department (DED), free zone authorities, and the Federal Tax Authority (FTA).
We assist in managing the settlement of any remaining debts, employee wages, and other obligations.
ICB helps you formally cancel your trade license and ensures the closure of corporate bank accounts.
Our experienced consultants offer guidance on the liquidation process, ensuring a smooth and stress-free experience.
Voluntary liquidation occurs when the shareholders of a solvent company decide to close the business willingly. This process is usually chosen when the business has fulfilled its purpose, or the owners no longer wish to continue operations. ICB Tax Consultancy assists in managing the entire process, including:
Compulsory liquidation, also known as insolvency liquidation, occurs when a company is unable to pay its debts and is forced to cease operations by court order or creditor action. This type of liquidation is often initiated due to insolvency or non-payment issues. ICB helps businesses navigate the complex legal requirements of insolvency liquidation by:
Companies operating in free zones must follow specific regulations for deregistration. Free zone deregistration involves a detailed process that varies depending on the jurisdiction (such as JAFZA, DMCC, DIFC, etc.). ICB specializes in free zone company liquidation and deregistration by:
Let ICB Tax Consultancy handle your company deregistration and liquidation process, ensuring a smooth, compliant, and efficient closure. Contact us today for a consultation and take the first step toward hassle-free business dissolution.
Frequently asked questions here.
The time frame for company liquidation in the UAE depends on various factors such as the complexity of the business and pending obligations. On average, it can take anywhere from 2 to 6 months to complete the entire process.