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Company Termination (Offshore Company)
The Customer may terminate the Company.
Process Steps
Customers can log in to Dubai Trade Portal
Navigate to “Registration” and select “Offshore Company Termination.”
Select ‘Create New Request’ to submit the required documentation to Terminate the Company.
Documents Required
- Agent’s Request Letter
- Shareholder’s Resolution regarding winding up and appointing the liquidator (Stamped by the Agent)
- Original Memorandum and Articles of Association (MOA)
- Formation Certificate Original
- Liquidation Report Standard format + Liquidation Statements’ Standard format
- License copy of the liquidator
Fees
- AED 5,000 – termination
- AED 1,500 – advertisement (+ 5% VAT)
If the Company’s status is inactive, the applicant must pay a renewal fee and delay penalties, as applicable, to make it active before applying for liquidation/dissolution and then the termination fees.
- AED 2,500 per year
- AED 120 fine every 30 days after the expiry date.
The Registrar reserves the right to call for any extra documents if necessary.
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