Business Setup and Liquidation Services
Best Liquidation Services in UAE
Liquidation is often known as closing or winding up an organisation which is also a formal insolvency process. It includes the liquidation of company assets, settling the debts, transactions pending balance to company shareholders etc.
After liquidation, the company stops functioning and terminates the employees too. Also, the company license will be abolished from the trading registry.
So, why liquidation is required?
Company liquidation in the UAE is required mainly for two reasons:
- The main purpose for business setup is fulfilled and the commodity is not required anymore.
- The organisation is regarded to be insolvent.
Know Liquidation Types
- Compulsory liquidations: Compulsory liquidations are important when there are pending debts that are not paid. In such situations, the credits request the authorities to liquidate the organization to get the dues. The authorities decide to sell the company assets too. These are done to pay the outstanding dues.
- Voluntary liquidations: Voluntary liquidations are done when the board members of an insolvent firm choose to stop further functioning and plans to liquidate the assets.
Examining the Investment Scope
We analyse company liabilities, commitments and assets.Through our detailed examination, it is possible to check
- Recovery of debt
- Claims management
- Close creditors
- Liquidation costs
Liquidation process strategy: The next process is to plan the liquidation strategy that shows the liquidation schedule, liquidation management and advance payments to shareholders.
Final closure: This step involves the final closing of the liquidation processes.
- Contract termination
- Payment settlement
Our competent staff handle the foundation services with much transparency and efficiency. We handle your case in the house, unlike other agencies that outsource the services. We assign an expert to take care of your case right from the start till it finishes. Thus our clientele has the best from us every time they approach us.
Every client regardless of the company size must be able to approach a professional at affordable costs. Yes, we are here for you to advise you on the measure to be taken for business set up and liquidation processes.
We have round the clock services, get in touch with us and speak to our experts for a better tomorrow.