Liquidation Services
Liquidation is additionally known or noted as winding-up or dissolution, though dissolution theoretically refers to the ultimate steps of liquidation process. The liquidation of company becomes inevitable in saving the shareholders with their limited liability when a corporation losses the liquidity of funds to hold on day to day transaction of the company, in such unprecedented eventualities, we would take up the assignment of Liquidation and we secure the below documents as per the requirement basis :
• Preparation of liquidation related legal documents
• Preparation of Company board resolutions for liquidation
• Liquidators appointment acceptance addressed to relevant authority
• DED/Free zone/offshore authority application and submission
• Newspaper advertisement for Company liquidation notice (if applicable)
• Arrange clearance letter from DEWA/FEWA/SEWA/ADDC
• Arrange clearance letter from Etisalat /Du
• Arrange clearance letter from Municipality (if applicable)
• Arrange clearance letter from Customs
• Bank account closure and bank no liability certificate
• Audit for the financial statements for liquidation of company
• No Liability certificate
• Employees visa cancellation
• Labour card cancellation and clearance certificates (if applicable)
• Immigration card cancellation and clearance certificate
• Liquidation report preparation and submission
• Final cancellation letter
• Partner visa cancellation
• Deposit/ Refund claim and follow ups