TMFS has truly been a game changer for me. Their personalized approach to financial services made the entire process easy and stress-free. I trust them completely with my investments and feel secure knowing my financial future is in safe hands.
Liquidation &Deregistration
Close a UAE company properly, from liquidator appointment and creditor notice to tax deregistration, visa and labour clearances, bank closure and licence cancellation.
- Liquidator Appointment
- Creditor Notice
- FTA Deregistration
- Visa & Labour Clearances
- Licence Cancellation
Published Updated
Closing a Company Without Loose Ends
A UAE company cannot simply stop trading. It must be formally liquidated: a liquidator is appointed, creditors are given notice, tax registrations are cancelled, visas and labour files are closed, and finally the licence is cancelled.
Abandoned companies keep accumulating fines, and the owners can face travel and banking problems later. We plan the closure, coordinate the liquidator, publish the required notices, deregister from VAT and Corporate Tax, close labour and immigration files and cancel the licence.

How Liquidation Works
Six steps from decision to cancelled licence.
- 01
Closure Plan
We review outstanding visas, contracts, liabilities and tax registrations.
- 02
Resolution & Liquidator
Shareholders resolve to liquidate and a liquidator is appointed where required.
- 03
Creditor Notice
Notice published for creditors and the statutory notice period observed.
- 04
Clearances
Visas cancelled, labour file closed, and VAT and Corporate Tax deregistration filed.
- 05
Final Accounts
Liquidation accounts and report prepared, and the bank account closed.
- 06
Licence Cancellation
Licence cancelled and the company removed from the register.
What You Need to Provide
Typical documents for a liquidation.
- Trade licence, MoA and establishment card
- Shareholder resolution to liquidate
- Passports and Emirates IDs of shareholders
- List of employees and visas
- Recent financial statements and bank statements
- VAT and Corporate Tax registration details
Why Use TMFS for Liquidation
A clean closure protects owners from future problems.
Closure planned from start to finish
Liquidator coordinated
Creditor notices handled
VAT and Corporate Tax deregistered
Visas and labour files closed
Licence cancelled properly
The TMFS Advantage
What sets our liquidation service apart.
Full Closure Plan
Every obligation listed before the process starts.
Tax Deregistration
Final VAT and Corporate Tax filings and deregistration handled.
Visa & Labour
Staff visas cancelled and labour file closed.
Clean Exit
Licence cancelled so no fines keep accruing.
Why Owners Choose TMFS to Close a Company
Three things clients mention most.

Done properly
Every step completed in the right order.
No lingering fines
Nothing left open to accrue penalties.
Less stress
One team coordinating every authority.
What Clients Say
Feedback from founders who set up with TMFS.
Company Liquidation: Frequently Asked Questions
Common questions about closing a UAE company.
Can I just let my licence expire?
Do I need a liquidator?
Do I need to deregister from VAT and Corporate Tax?
How long does liquidation take?
What happens to employees’ visas?
Federal Decree-Law No. 32 of 2021 (Commercial Companies) · Federal Tax Authority (FTA) · Ministry of Human Resources and Emiratisation (MOHRE)
Prepared from publicly available guidance from your licensing authority and UAE federal law as of October 2026. Time Machine Financial Services is independent of your licensing authority and is not affiliated with or acting for any UAE government authority.
Liquidation procedures, notice periods and clearance requirements change. Confirm the current position for your situation with your licensing authority, or ask us, before acting on this page.
Speak to a UAE setup specialist
Tell us what you need and a consultant will reply within one working day, with no obligation.
- The consultant you speak to stays on your file
- A straight answer on structure, cost and timeline
- A reply within one working day
- A free 20-minute consultation
Need to Close a Company?
Talk to a TMFS consultant about liquidating your company properly, with every authority cleared.
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