- February 18, 2019
- Posted by: MSZ Consultant
- Category: Business Setup, Free-zones in UAE, FREEZONES IN UAE, License in Dubai, United Arab Emirates
JAFZA Company Liquidation
JAFZA Company Liquidation – If you are looking for company liquidation in Jebel Ali Free Zone then here is the complete guide for company liquidation in JAFZA.
What are the procedures and documents required for liquidating a company in JAFZA?
Complete the Deregistration Form for FZCO/FZE
You have to sign the Deregistration form at Registration section and should return all certificates (certificate of formation, share certificate, Audit report, etc.) to the Registration section.
Liquidation statement from the auditors of the company to be submitted to the Registration section (for FZE & FZCO only)
Hand over the keys
Along with De-Registration form, you should submit the Lease Termination Form with keys to the License and also Lease section.
The Clearance letter from DEWA for (warehouse, Plot, LIU, Shops, and also Restaurants) only.
Etisalat & RTA Clearance
Termination section will request Etisalat to provide the outstanding report or clearance letter; and also you should provide clearance letter to JAFZA from Road and Transport Authority (RTA).
Clearance from JAFZA Finance Department
Clearance on all outstanding dues should be obtained from the JAFZA Finance Sector and a liquidator report should be filed, reviewed and approved by JAFZA Finance Department before any clearance can be obtained.
Visa and Immigration clearance
you should cancel or transfer all visas under JAFZA sponsorship.
The General Manager of the company can only have his/her visa cancelled as a last step in the de-registration process.
Customs Clearance (in the form of official letter)
The termination sector will request Dubai Customs to provide the outstanding report or clearance letter.
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Once the above clearances have been obtained, the JAFZA will publish the declaration of company liquidation in the local newspaper for 15 days to confirm there are no objections by third parties towards the company’s Liquidation.
Then the Manager’s visa, company license and registration of the company will be cancelled.
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