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Company liquidation in Al Ain Mainland refers to the official legal process of closing down a business that no longer operates or intends to cease its activities. The procedure is managed under the Abu Dhabi Department of Economic Development (ADDED) through its Al Ain branch and must comply with Federal Decree-Law No. 32 of 2021 on Commercial Companies.
During liquidation, all company assets are evaluated and sold, outstanding debts are settled, employees are paid their dues, and the company’s trade license is cancelled. Once all obligations are fulfilled, the business is officially deregistered from the ADDED commercial registry, confirming its legal closure.
Proper liquidation protects shareholders and partners from future liabilities, fines, or reputational risks ensuring a clean exit from the UAE market.
At The Capital Zone, we guide you through every step from preparing resolutions and appointing liquidators to securing government clearances and final deregistration making the entire Al Ain company liquidation process fast, compliant, and stress-free.
There are two main types of company liquidation in Al Ain, depending on who initiates the process and the company’s financial condition.
This occurs when shareholders decide to close the company willingly often due to restructuring, retirement, or declining profitability.
A shareholder resolution is passed, and a licensed liquidator is appointed to manage the sale of assets, settle debts, and distribute remaining funds. After completing these steps, the liquidator submits the final report to ADDED (Al Ain branch) for deregistration.
This process is initiated by a court order when the company cannot meet its financial obligations or creditors file a petition.
The court appoints a liquidator to take control of the company, sell assets, and repay creditors as per Federal Decree-Law No. 32 of 2021.
In both cases, the company is formally removed from the ADDED commercial registry, ensuring all legal and financial responsibilities are fully cleared.
Liquidation in Al Ain Mainland follows a structured, legally regulated process under ADDED. Each phase ensures all financial, administrative, and regulatory requirements are met before final license cancellation.
Phase 1 – Initiation & Appointment of a Liquidator:
Phase 2 – Public Notification & Settlements:
Phase 3 – Final Report & Deregistration:
Issuance of Liquidation Certificate: ADDED (Al Ain Branch) issues the Official Liquidation Certificate, formally cancelling the trade license and deregistering the company.
When liquidating a company in Al Ain Mainland, several government bodies and service providers are involved to ensure the process is legally compliant and fully transparent. Each plays a vital role in issuing clearances and approving the final deregistration.
Abu Dhabi Department of Economic Development (ADDED – Al Ain Branch):
The main authority supervising the liquidation process. It issues the initial liquidation approval, reviews the liquidator’s final report, and provides the Official Liquidation Certificate confirming trade license cancellation and company deregistration.
Ministry of Human Resources & Emiratisation (MOHRE):
Handles the cancellation of employee labour cards, ensures that gratuity and end-of-service payments are made, and verifies that all staff obligations are settled before closure.
General Directorate of Residency & Foreigners Affairs (GDRFA – Al Ain):
Manages the cancellation of residence visas for employees, partners, and dependents, and deactivates the company’s establishment card.
Federal Tax Authority (FTA):
Oversees VAT and corporate-tax deregistration, verifies submission of final tax returns, and issues a tax clearance certificate confirming there are no outstanding tax liabilities.
Al Ain Distribution Company (AADC):
Responsible for electricity and water disconnection and providing final clearance certificates confirming that all utility bills are settled.
Municipality / Landlord:
Issues No-Objection Certificates (NOCs) for tenancy termination, rental settlements, and any outstanding municipal dues.
Telecommunication Providers (Etisalat / DU):
Process the cancellation of phone and internet services and issue final settlement letters required for ADDED clearance.
Banks:
Corporate bank accounts must be closed before final deregistration. Banks provide a clearance letter confirming that all loans and liabilities have been settled.
Licensed liquidators oversee and document every stage of the company’s dissolution. Their responsibilities include:
At The Capital Zone, we partner with certified liquidators in Al Ain to handle the entire process ensuring compliance, accuracy, and a seamless exit for your business.
Businesses must submit a complete set of documents to ADDED and other relevant authorities.
Key Documents:
Preparing these documents in advance ensures a faster and penalty-free closure.
Formal liquidation ensures your business closure is legally compliant and risk-free.
Reputation Preservation: Shows professionalism and builds trust for future ventures.
At The Capital Zone, we manage every clearance proactively to prevent such delays and ensure a smooth completion.
The typical timeline for company liquidation in Al Ain Mainland is 45 – 90 days, depending on the company’s structure and the speed of obtaining clearances.
Estimated Cost Range: AED 10,000 – 20,000
Includes ADDED fees (AED 2,000 – 4,000), liquidator charges (AED 5,000 – 12,000), newspaper notice (AED 1,000 – 2,000), and clearances (AED 1,000 – 3,000).
Note: All figures are approximate market estimates and may vary based on company size and case complexity.
At The Capital Zone, we specialize in simplifying the company liquidation process in Al Ain Mainland. Our team manages everything from shareholder resolutions and liquidator coordination to VAT deregistration, visa cancellations, and final ADDED approvals.
We ensure:
Contact The Capital Zone today for a smooth, professional, and stress-free business closure in Al Ain Mainland.
It’s the legal process of closing a business under the Abu Dhabi Department of Economic Development (ADDED). It includes asset sale, debt settlement, and trade license cancellation.
Usually 45 to 90 days, depending on how quickly all government clearances are secured.
Estimated costs range from AED 10,000 – 20,000, covering DED fees, liquidator charges, newspaper notices, and government clearances.
ADDED (Al Ain Branch), MOHRE, GDRFA, Federal Tax Authority (FTA), AADC, and banks.
Yes, a licensed liquidator is required for all mainland companies to prepare the official liquidation report.
The company remains legally active and accrues daily fines from ADDED until it’s officially deregistered.
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