1. Company Registration in the UAE (Liability of Founders and Managers)
2. Procedure for License Amendments: Changing Address, Activity Type
3. License Renewal Procedure
4. Company Liquidation (Founders' Liability, Liquidation Process)
5. Procedure for Choosing a Company Form and Jurisdiction in the UAE
Company liquidation in the UAE is the formal process of terminating the activities of a legal entity and removing it from the commercial register. This process is governed by the UAE specialised legislation and requires compliance with certain procedures.
The following are the legislative acts regulating the liquidation process:
- Decree-Law No. 32 of 2021 On Commercial Companies governs mainland companies. It establishes general rules for management and liquidation of companies in the UAE.
- Free Zones regulations: free zones in the UAE have their own rules and procedures, including the rules for liquidation of the companies incorporated within the free zone jurisdiction.
According to Decree-Law No. 32 of 2021 On Commercial Companies, a company shall be dissolved for an...