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Company liquidation in the Fujairah Free Zone is the formal legal process of dissolving a registered business, settling its liabilities, and cancelling its trade license and registration with the Free Zone Authority.
This process ensures that:
A formal liquidation is required if your business has employees, outstanding contracts, or liabilities. However, for dormant companies with no assets or debts, a simplified strike-off (deregistration) procedure may be applied.
Company Liquidation in Fujairah Company Liquidation in Fujairah Company Liquidation in Fujairah Company Liquidation in Fujairah
Closing a company in the Fujairah Free Zone (FFZ) involves a structured legal process to ensure all financial, employee, and regulatory obligations are properly resolved. To begin, shareholders must pass a board resolution approving the liquidation and appointing a licensed liquidator.
The company must then notify employees, creditors, and relevant authorities, settle all outstanding payments, and publish a liquidation notice in a local newspaper to allow a 30–45-day period for creditor claims. During this time, obtain clearances from the Federal Tax Authority (FTA), MOHRE, Immigration Department, banks, and utility providers. Once these are complete, the liquidator submits a final report to the Free Zone Authority. After review and approval, you will receive a License Cancellation Certificate, confirming official closure.
Board / Shareholder Resolution
Pass a resolution to liquidate and appoint the liquidator. Include the reason and name/address of the liquidator. The resolution must be notarized or attested if required by the free zone.
Notify Stakeholders & Employees
Inform all employees, creditors, suppliers about the intention to close.
Clear Financial Liabilities
Visas & Permits Cancellation
Cancel all employee, shareholder visas, and work permits as per immigration authority rules.
Clearances & No Objection Certificates (NOCs)
Obtain NOCs from relevant entities, such as:
Publish Liquidation Notice
Some free zones require publishing a public notice (in local newspapers) giving a window (e.g. 30-45 days) for creditor claims.
Final Liquidation Audit & Report
The liquidator prepares a Final Liquidation Report summarizing assets, liabilities, distributions, and confirming that obligations are cleared.
Submit Closure Application & Documents
Present all the paperwork – resolution, report, NOCs, utility and visa cancellation, license, etc. – to the free zone authority.
Receive License Cancellation / Deregistration Certificate
After review and paying final fees, the free zone authority issues the official certificate confirming closure.
When liquidating a company in Fujairah Free Zone (FFZ) or Fujairah Creative City, several departments and authorities play a vital role in completing the deregistration process smoothly. Each clearance ensures that all financial, legal, and administrative obligations are fulfilled before the company is officially dissolved.
Main departments involved:
These clearances collectively confirm that the business has no pending dues or legal liabilities, allowing the Free Zone Authority to issue the Final License Cancellation Certificate.
We help you avoid these pitfalls by coordinating all clearances and ensuring correct document submission.
In many Fujairah Free Zone cases, appointing a licensed liquidator is necessary (especially when there are assets, employees, or external obligations). The liquidator must:
If the company is simple, without liabilities, some free zones may permit closure without a full liquidator.
The overall company liquidation process in Fujairah Free Zone typically takes 30 to 60 days, depending on the size of your business, number of employees, and how quickly you obtain clearances from various departments.
Smaller entities with no liabilities or employees can complete the process faster, while companies with active operations, pending dues, or multiple visas may take longer.
Key factors affecting the timeline include:
Estimated Cost Range:
The total cost to liquidate a company in Fujairah Free Zone generally ranges between AED 3,000/5000 and AED 15,000+.
This variation depends on several factors such as:
Note: These figures are approximate estimates and may vary based on the specific free zone authority (Fujairah Free Zone or Fujairah Creative City) and your company’s compliance status.
At The Capital Zone, we provide specialized services for liquidating free zone companies in Fujairah. We:
Let us handle all complexities so your free zone closure is seamless, compliant, and completed on time.
The liquidation process usually takes 30 to 45 days, depending on the company’s structure, number of employees, and pending clearances.
The cost can vary from AED 5,000 to AED 15,000, depending on liquidator fees, authority charges, and newspaper advertisement costs. These are estimated figures and exact fees depend on your company’s size and obligations.
For LLCs and FZCs, yes — appointing a licensed liquidator is mandatory. For small entities with no liabilities or employees, the authority may allow a simplified deregistration instead.
Yes. Companies must publish a 45-day notice in a local Arabic newspaper to allow creditors to raise any claims before final dissolution.
No. All liabilities must be settled first. The liquidator ensures that creditors are paid and prepares a final liquidation report confirming debt clearance.
All employee and shareholder visas must be cancelled before the final stage. End-of-service benefits must be paid in accordance with UAE Labour Law.
Key documents include:
After the Free Zone Authority issues the License Cancellation Certificate, the company is legally dissolved and removed from the registry. You must keep financial and legal records for five years post-closure.
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