Audit & Liquidation

Audit & Liquidation — Closing the Books, Properly

Whether you need an audited financial statement for licence renewal or you are winding a company down for good, every step must satisfy the Federal Tax Authority, your licensing authority, and a UAE-licensed liquidator. One Desk manages the full process as a single workstream — the audit, every government clearance, and FTA deregistration — so your company is closed cleanly with no loose ends and no accruing penalties.

What We Handle:

  • Statutory and external financial statement audits
  • Free zone audit reports for licence renewal (DMCC, JAFZA, RAKEZ, DAFZA and others)
  • Appointment of a UAE-registered liquidator (mandatory for LLCs, partnerships and joint-stock companies)
  • Liquidation audit and the Liquidator’s Final Report
  • VAT and Corporate Tax deregistration through EmaraTax, with final returns filed
  • Tax Clearance Certificate coordination with the FTA
  • Creditor notice and Arabic newspaper publication (45-day notice period)
  • MOHRE, immigration, utility (DEWA/ADDC/FEWA), landlord and bank-account clearances
  • Trade licence cancellation and Certificate of Deregistration
  • Advice on re-domiciliation under Article 15 bis as an alternative to full closure

Our Audit & Liquidation Service Pricing

Service

Estimated Pricing

Notes

Statutory financial statement audit

AED 5,000 – 25,000

Turnover and complexity dependent

Free zone audit report (for renewal)

AED 3,500 – 8,000

Per financial year

Liquidation audit & Liquidator’s Final Report

AED 5,000 – 15,000

Signed by a UAE-licensed auditor

Registered liquidator appointment

AED 3,000 – 8,000

Required for LLCs / FZCOs

VAT deregistration (EmaraTax)

AED 1,500 – 3,500

Excl. any FTA late penalties

Corporate Tax deregistration & final return

AED 2,500 – 5,500

Within 3 months of cessation

Newspaper liquidation notice (mainland)

AED 800 – 1,500

Two approved Arabic newspapers

Full company liquidation — free zone

AED 12,000 – 20,000

All-in, straightforward entity

Full company liquidation — mainland

AED 18,000 – 35,000

All-in, scope dependent

Tax Clearance Certificate coordination

Included

Within full-liquidation scope

Frequently Asked Questions

Since June 2023 every UAE company has been required to register for Corporate Tax, regardless of profit. On closure, this creates an obligation to deregister for Corporate Tax — and VAT, where registered. The FTA will not issue the Tax Clearance Certificate until all tax periods are closed and liabilities settled, and the licensing authority cannot finalise deregistration without it. A juridical person must apply for Corporate Tax deregistration within three months of cessation; late deregistration penalties can reach AED 10,000.

A straightforward free zone company with no employees, no outstanding filings and no creditor disputes can usually be wound up in four to eight weeks. A mainland company with staff, active VAT registration and multiple creditors typically takes three to six months. The 45-day creditor notice period and FTA clearance are the two steps that most often set the timeline.

LLCs, partnerships and joint-stock companies require a UAE-registered liquidator by law. Sole establishments and civil companies usually follow a simpler cancellation. We confirm which route applies to your structure and appoint the liquidator where one is needed.

A consolidated register of assets and liabilities at the date of dissolution, confirmation that all debts and obligations have been settled, details of how remaining assets were distributed to shareholders, and an auditor’s report signed by a UAE-licensed auditor. Many free zones also require a signature specimen and a notary declaration from the auditor — this is specific to liquidation work, not annual audits.

Sometimes. Dubai mainland licences can be frozen for up to three years (with a MOHRE letter confirming no sponsored staff), and some free zones such as IFZA and RAKEZ offer a formal “suspended” status that pauses operations at reduced cost. Federal Decree-Law No. 20 of 2025 also introduced Article 15 bis, allowing a company to move its registration between emirates, free zones and the mainland without liquidating. We talk you through whether freezing, re-domiciliation or full closure best fits your plans.

Yes. An inactive company still has a live trade licence and live tax registrations. Until it is formally liquidated and deregistered, renewal obligations and FTA deadlines keep running, and penalties accrue whether or not you trade.

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