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9 920 AED ⓘ

Liquidation of Offshore Company Incorporated in the Emirate of Ras Al Khaimah

General Information

Voluntary liquidation of a company shall mean that the company is deemed officially closed, and its obligations are terminated; it may only be restored in court.

Upon liquidation, you will receive a certificate of liquidation of the company issued by the registration authority.

Key Specifics

procedure available to the company that has no liabilities or can pay its debts as they fall due;
a person who will act as the company’s liquidator as well as the amount of his remuneration should be indicated;
the company must terminate its activities by the beginning of liquidation;
at the time of the issue of a certificate of liquidation the company must be in good standing.

Liquidation Procedure

Signing and presenting to the registered agent prepared documents.
Publishing a notice in the newspaper.
The liquidator sends a notice of completion of liquidation.
Obtaining from the Register the certificate of the company’s liquidation.
The Regulator publishes a notice of completion of the liquidation procedure.

Liquidation Period

2 months

9 920 AED

*The price does not include the service of a liquidator of AED 3 305 (USD 900) and compliance fee.

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