The process of winding up a company in UAE is quite complex and statutory and involves ending all business affairs including the liquidation or dissolution of its assets. It also means that the company’s license is revoked and its name removed from the Trade Registry. We at Adv Shanavas& Co. help in making the company winding up process simpler and hassle-free for our clients. We ensure that the relevant government agencies are made aware of our clients no longer own or operate the business and so are not held responsible for any fines or penalties that may be associated with it. We ensure that the proceeds from the sale of company assets are used for settling outstanding debts, covering pending expenses, and any remaining funds are transferred to shareholders.
Our team works in close coordination with the company winding up experts through all phases of the process to provide the right guidance and support. In addition to offering the services of liquidators and lawyers, we also assist with the preparation of audit reports for the clients. Moreover, we guide the clients with the processing of liquidation costs and the completion of de-registration formalities with government authorities. The collection and distribution of company assets to creditors and shareholders form an integral part of the company winding-up process. We support and guide our clients in handling this vital aspect of dissolving their company with minimal disruption and delay.
Our years of experience in providing company winding-up services has helped us to provide you with the most satisfactory solutions. Our expert service ensures a smooth transition and makes it easier for you to focus on new opportunities without getting tied up in getting free of your past business. We also help you gain an in-depth understanding of the process while maintaining complete confidentiality and minimizing any risks. We also make sure that you adhere to all the legal provisions related to the process and help you to avoid any extra charges for completing the process.
